Bolivia 1951-KN boliviano
This specimen was lot 71136 in Stack's Bowers Collectors Choice sale (Santa Ana, CA, October 2020), where it sold for $720. The catalog description[1] noted, "BOLIVIA. Boliviano, 1951-KN. Kings Norton Mint. PCGS SPECIMEN-66 Red Brown Gold Shield. With just three graded finer in the PCGS census, this vibrant red-violet Gem exhibits tremendous luster and radiance. Ex: Kings Norton Mint Collection." The specimen shown is a type struck by the Kings Norton mint for Bolivia in 1951. It, with an accompanying five and ten bolivianos, was the last coinage issue until 1965. It is also reported from the London mint and the Heaton mint in Britain. In 1965 the boliviano, which had not been struck since 1951, was dropped in favor of the peso boliviano, which lasted until 1979. In 1987 the boliviano was resumed, with 1 boliviano = 1,000,000 pesos boliviano. Much of South America went through the same hyperinflationary stress as Bolivia, exacerbated by incompetent military rule. The coin has little collector value except in Uncirculated.
Recorded mintage: 15,000,000 plus more from Heaton and London.
Specification: 3 g, bronze, 18 mm diameter.
Catalog reference: KM-184.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Orsini, Matt, Richard Ponterio and Kyle Ponterio, The October 2020 Collector's Choice sale: World and Ancient Coins, Santa Ana, CA: Stack's Bowers LLC, 2020.
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