Peru 1924 sol

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from the Acanthite collection
from the Acanthite collection
Stack's Bowers September 2023 Collectors Choice sale, lot 73586
photo courtesy Stack's-Bowers LLC

This one sol was struck in Philadelphia in 1924 for Peru. It is distinguished from pieces minted in Lima, which have larger sized letters in the legend. This 0.500 fine silver coin replaced a .900 fine silver one sol struck in large numbers 1865-1916. This type was issued until 1935, when all silver was removed from the coinage. The examples shown is the 1924/824 variety overdate. The second specimen was lot 73586 in Stack's Bowers Collectors Choice sale (Costa Mesa, CA, September 2023), where it sold for $144. The catalog description[1] noted, "PERU. Sol, 1924. Lima Mint. NGC AU-58. Variety with large letters. Only lightly handled and most attractive, this wholesome specimen yields a soft brilliance and limited instances of handling on the surfaces."

Recorded mintage: 3,113,000.

Specification: 25 g, 0.500 fine silver, reeded edge.

Catalog reference: the first specimen is KM 218.1 (small letters). the second specimen is KM-218.2 (large letters).

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, September 2023 World Collectors Choice Online Auction - Ancient & World Coins, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.

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