Peru 1897-JF sol

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from Stack's Bowers June 2022 Collector's Choice sale, lot 72299
SB622-72299r.jpg

This specimen was lot 72299 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, June 2022), where it sold for $144. The catalog description[1] noted, "PERU. Sol, 1897-JF. Lima Mint. NGC AU-58. Retaining a great deal of brilliant luster, this shimmering, nearly-uncirculated specimen dazzles with wholesome originality, a slight prooflike nature, and virtually no toning." This is the final subtype of this design and was struck 1893-97 and 1914-15. The subsequent issue of the 1920's was only 0.500 fine silver. In 1898, Peru went on the gold standard and introduced the libra (a gold coin matching the British sovereign) and suspended production of the silver sol. Subsidiary coin coinage continued without interruption but the bullion came from melted down soles.

Recorded Mintage: 234,000, a slightly better date.

Specification: 25 g, 0.900 fine silver, 37 mm diameter.

Catalog reference: KM 196.26.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Raymond, Wayte, The Silver Dollars of North and South America, 2nd Ed., Racine, WI: Whitman Publishing, 1964.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The June 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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