Peru Un Sol Silver Coin 1924: A Detailed Overview
The Peru Un Sol silver coin from 1924 is a fascinating piece of numismatic history, offering a glimpse into the economic and cultural landscape of Peru during the early 20th century. This coin, minted under the administration of Augusto B. Legu铆a, holds significant value not only for its historical significance but also for its craftsmanship and design. Let’s delve into the various aspects of this remarkable coin.
Minting and Composition
The Peru Un Sol silver coin was minted at the Lima Mint, which was the primary minting facility in Peru during the early 20th century. The coin is composed of 90% silver and 10% copper, a composition that was typical for silver coins of the time. The coin has a diameter of 38.61 mm and a thickness of 2.80 mm, making it a substantial piece of metal.
| Attribute | Value |
|---|---|
| Diameter | 38.61 mm |
| Thickness | 2.80 mm |
| Composition | 90% Silver, 10% Copper |
Design and Iconography
The obverse of the Peru Un Sol silver coin features the portrait of Augusto B. Legu铆a, who was the President of Peru from 1919 to 1930. The portrait is surrounded by the legend “AUGUSTO B. LEGUIA” and the date “1924.” The reverse of the coin showcases the national emblem of Peru, which includes a shield with the coat of arms, surrounded by the legend “REPUBLICA DE PERU” and the denomination “UN SOL.” The coin’s design is both elegant and historically significant, reflecting the pride and identity of the Peruvian nation.
Historical Context
The Peru Un Sol silver coin from 1924 was minted during a period of economic growth and political instability in Peru. Augusto B. Legu铆a was known for his efforts to modernize the country’s infrastructure and economy, although his presidency was also marked by corruption and authoritarianism. The coin serves as a tangible reminder of this complex era in Peruvian history.
Collectibility and Value
The Peru Un Sol silver coin from 1924 is highly sought after by collectors and investors alike. Its historical significance, scarcity, and beautiful design contribute to its value. The coin is graded on a scale from 1 to 70, with 70 being the highest grade. Coins in higher grades are rarer and thus more valuable. The coin’s value can also be influenced by factors such as condition, rarity, and demand in the market.
Condition and Grading
The condition of a Peru Un Sol silver coin from 1924 can significantly impact its value. Coins that are in better condition are more valuable due to their rarity and aesthetic appeal. The grading process involves examining the coin’s surface for any signs of wear, damage, or imperfections. Coins are graded on a scale from MS-60 (Mint State 60) to MS-70 (Mint State 70), with MS-70 being the highest grade and indicating a coin that is virtually perfect.
Conclusion
The Peru Un Sol silver coin from 1924 is a remarkable piece of numismatic history that offers a wealth of information about Peru’s past. Its minting, design, historical context, and collectibility make it a valuable addition to any coin collection. Whether you are a seasoned collector or a beginner, this coin is sure to captivate your interest and provide a fascinating glimpse into the history of Peru.