Chile 1853-So 50 centavos

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from the Stack's Bowers 2022 Collector's Choice sale, lot 73381
SB222-73381r.jpg
from the Mountain Groan Collection
Chile 1853 50 centavos rev DSLR.jpg

The first specimen was lot 73381 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, February 2022), where it sold for $216. The catalog description[1] noted, "CHILE. 50 Centavos, 1853-So. Santiago Mint. PCGS Certified. A moderately circulated and largely untoned coin, salvaged from the S.S. Central America, and housed in a gold "S.S. Central America Treasure" holder. Ex: S.S. Central America Treasure." This fifty centavo piece was minted in Santiago, Chile, in 1853-62. An upright condor was adopted for 1862-67 (KM 134) with a lower relief used for 1867-72 (KM 139). This condor with outspread wings also appeared on half decimos and decimos and twenty centavos coins of the 1850's. The low relief contributed to a rather drab design which wore down rapidly in circulation. It is not common but the price realized here seems exorbitant for a sea-salvaged and corroded coin.

Recorded mintage: 769,000.

Specification: 12.50 g, 0.900 fine silver.

Catalog reference: KM-128.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The February 2022 World Collectors Choice Online Auction - Ancients & World Coins, Featuring Selections from the Kings Norton Mint Collection, Costa Mesa, CA: Stack's Bowers LLC, 2022.

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