Peru 1953 50 soles

Heritage sale 3067, lot 34869

This specimen was lot 34869 in Heritage sale 3067 (Long Beach, September 2018), where it sold for $1,680. The catalog description^[1] noted, "Peru: Republic gold 50 Soles 1953 MS64 Prooflike NGC, Lima mint. A nearly Gem Mint State example that exhibits deep reflectivity in the fields and a pin-point precision to the devices. Struck from a decidedly scarcer mintage of just 1,464 pieces, this Peruvian rarity provides plenty to excite." This denomination, struck 1950-69, was theoretically a circulating coin but actually was a bullion piece like her sisters, the gold five, ten, twenty and hundred soles.

Recorded mintage: 1,464.

Specification: 23.405 g, 0.900 fine gold, .677 troy oz AGW.

Catalog reference: Fr-79; KM 230.

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, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Cristiano Bierrenbach, Warren Tucker and Sam Spiegel, 2018 September 6-11 Long Beach Expo World Coins & Ancient Coins Signature Auction #3067, Dallas: Heritage Auction Galleries, 2018.

Link to:

• 1952 50 soles
• 1953 centavo
• 1953 5 centavos
• 1953 10 centavos
• 1953 20 centavos
• 1953 sol
• 1953-BBR 1/5 libra
• 1953-BBR ½ libra
• 1953 100 soles
• 1954 50 soles
• Coins and currency dated 1953