Chile 1896 20 pesos

from the Mountain Groan Collection

This gold twenty pesos piece was minted in Santiago, Chile, in 1896 and 1906-17. It was accompanied by similar five and ten pesos (KM 159 and 157) in gold. Although the twenty pesos was a new denomination, its weight standard was only 40% of the exchange rate obtaining prior to 1892. This coin weighed 50% more than a British sovereign, but it is lighter than the previous ten pesos of 1854-92. The superseding gold twenty pesos of 1926 (KM 168) was only 4.06 g, a further two-thirds reduction.

Recorded mintage: 149,000.

Specification: 11.98 g, 0.917 fine gold, .353 troy oz AGW.

Catalog reference: KM 158.

Source:

• Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.

Link to:

• 1872 10 pesos
• 1893 centavo
• Australia 1894-S sovereign
• 1896 2½ centavos
• 1896 5 centavos
• 1896 10 centavos
• 1896 peso
• Chile 1896 10 pesos
• 1908 20 pesos
• Coins and currency dated 1896
• return to coins of Chile