Peru: 1965 gold 100-soles, Seated Liberty type (9 over inverted 5 variety)

Discussion in 'World Coins' started by lordmarcovan, Dec 26, 2025.

  1. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    Peru: 1965 gold 100-soles, Seated Liberty type (9 over inverted 5 variety)

    NGC MS65+. Cert. #2924207-001.

    Numista-46426, Krause-Mishler-231, Friedberg-78.

    .900 gold, 1.3544 oz. Diameter: 37 mm. Weight: 46.80 g. Mintage: 23,000.

    With over 1.3 ounces of bullion, this was my largest gold coin as of 2025. I also found it appealing for its classic Seated Liberty design, and it was struck in my birthyear as well. I previously had a 1965 50-soles piece in NGC MS66, but sold that after I acquired this 100-soles piece with twice the gold content.

    This coin was purchased raw and I submitted it to NGC myself. I was pleased with the MS65+ grade that it received and also that NGC noted an overdate variety (9 over inverted 5) which I had been unaware of. The spike in gold prices in late 2025 made this my most valuable single coin, if only for its bullion content.

    Ex-Michael Swoveland, dba WNC Coins LLC, Asheville, North Carolina, 31 July 2024.

    01-frame.png 02-Photovision.png 06-obv.png 07-rev.png 08-slab.png

    340800
     
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  3. Spark1951

    Spark1951 Accomplishment, not Activity

    Very impressive coin. Today’s peak gold price was $4,549.00 …times 1.3544 oz, times .90 purity comes out to $5,545.04904.

    This, of course, ignores the “9 over 5” attribute you mentioned but I, honestly, would not know how to hazard a guess on the value that would add. The grade, mintage, design and the fact it is Au is what is most impressive to me. “The whole enchilada”, if you take my meaning…Spark
     
  4. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    Yes. I note that the NGC priceguide page somehow calculates the bullion value at $6,114.02 as of today (12/26/25). I paid $3,408.00 for this coin on July 31, 2024 (not counting subsequent certification fees). Not a bad increase in a year and a half, eh? :woot:

    PS- No, wait- it increased to $6,115.91 just in the time I typed this message!

    PPS- $6,117.88 now! Apparently the NGC priceguide page recalculates the bullion value with each page refresh. I’m not sure how they calculate.

    PPPS- I do not think the overdate variety adds much if any value, but it's interesting.
     
    Last edited: Dec 26, 2025
    panzerman, Eric the Red and Spark1951 like this.
  5. Neal

    Neal Well-Known Member

    I don't know anything about the market for the overdate, but I would guess there are not a lot of collectors who collect Peruvian gold coins by date and variety, meaning there is not a lot of competition to acquire even rare varieties. Still a beautiful and impressive coin!
     
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  6. fretboard

    fretboard Defender of Old Coinage!

    I love them old Peruvian coins, especially gold but I'm limited! :D

    112615948a.jpg 112615948b.jpg 112615948c.jpg perue.JPG peruf.JPG perug.JPG perud.JPG
     
  7. panzerman

    panzerman Well-Known Member

    Very rare coin! Nice grade too....

    I bought a BU 1962 100 Soles for $230US in 1992. I was collecting modern stuff then, but most all were Proof or BU. Most weighed over oz. Today worth $$$. After 1990 I went into classical coins. So now have EL/AV coins from 27 centuries, most from 1200-1799.
    Coins never are based on metal prices, but I roughly calculated I have 600 oz when total weight is calculated.
    But then an Aureus is 10-60K weighs 8.35g -4.85g
     
    lordmarcovan likes this.
  8. Neal

    Neal Well-Known Member

    My only Peru gold. Alas, I think it's been cleaned. I bought it for bullion value long ago. Peru 1906 fifth libra gold obv (2).JPG Peru 1906 fifth libra gold rev DDR.JPG
     
    -jeffB likes this.
  9. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    Still looks plenty nice, and you’re no doubt looking very good on that investment now!
     
  10. Neal

    Neal Well-Known Member

    Thanks. Time has made it look like a smart purchase. You mentioned the variety on yours, mine also has what appears to me to be a double punched O in OZ. I've always assumed that meant nothing in added value, only that quality control at the mint wasn't the greatest, and it was too expensive to make new dies when punching over a mistake could give acceptable results.
     
    lordmarcovan likes this.
  11. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    I do think there are a lot of overdates and repunched stuff on Peruvian coins of a certain age.
     
    Neal likes this.
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