Chile 1902 peso
This specimen was lot 854 in Sedwick Auction 36 (Winter Park, FL, November 2024), where it sold for $840. The catalog description[1] noted, "CHILE, Santiago, 1 peso, 1902, NGC MS 62 (Colección Val y Mexía Label), "top pop." Brilliant cartwheel luster and minimal bagmarks (seems higher grade), first date of a three-year type in lower silver content marked with 0.7 for 70% fine, currently tied with two others for finest in NGC census. Pedigreed to the Val y Mexia Collection." The specimen shown is a type struck in Chile 1902-05. It is the second (but not the last) reduction in size from the full-size pesos of the 1890's. The next type, issued 1910, was only 12 grams, 0.900 fine silver. Oscar Roty's defiant condor, first used in 1895, appeared on virtually all Chilean silver and copper-nickel coins until 1940.
Recorded mintage: 178,000.
Specification: 20 g, 0.700 fine silver, .450 troy oz ASW, 32 mm diameter, designed by Oscar Roty.
Catalog reference: KM-152.2.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Sedwick, Daniel Frank, Augi Garcia, Cori Sedwick Downing, Connor Falk and Sarah Sproles, Treasure Auction 36, World, U.S Coins and Paper Money, featuring the Luis R. Ponte collection, the Jorge Becerra Collection and the John M. O'Brien collection, Winter Park, FL: Daniel Frank Sedwick LLC, 2024.
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