Peru: 1965 gold 50 Soles de Oro 0

[lordmarcovan]

A recent pickup. I bought it mostly to just add to my bullion pile (though I did pay more than spot). But I also like the design, and it’s from my birthyear.

Peru: 1965 gold 50 Soles de Oro

Numista-46427.  KM-230.

NGC MS66, cert. #8207580-012.

.900 fine gold, .6773 oz.

Ex-Heritage Auction #61374, Lot #22307, 12 May 2024.

[RWB]

Nice. Is this the "Liberty with black eye" variety? She has quite a welt under her left eye.

[Just Bob]

Definitely worth more than spot in my opinion. Pretty coin.

[Henri Charriere]

On 5/14/2024 at 11:08 AM, RWB said:

Nice. Is this the "Liberty with black eye" variety? She has quite a welt under her left eye.

But, but... the way she is seated, her left eye is impossible to view. Very lovely coin!  (In the future, I predict any such distractions shall be ameliorated with a technician wielding a laser.)

[lordmarcovan]

On 5/14/2024 at 11:08 AM, RWB said:

Nice. Is this the "Liberty with black eye" variety? She has quite a welt under her left eye.

Hmm.  Some kind of die anomaly, perhaps?  Dunno.  The coin is not in hand yet, but when it is, I’ll have to check that out under a loupe.

[lordmarcovan]

I’m into this one for $1,705.72 after fees.  And spot is $1,636.96 as of this post.  Meaning I paid a premium of $68.76 over today’s spot.  (Too lazy to do the math- what sort of % premium is that?)

But I got a coin already NGC certified, with a mintage of only 23,000 pieces.  Sure, it’s the most common date for the type, but still a pretty small mintage compared to many modern bullion coins.

And I note that the NGC (Krause) priceguide lists this coin for $2,050 in MS65… and mine is an MS66- with only 8 pieces graded higher.  

(Not to mention it also has the sentimental value of being from my birthyear.)

So for me at least, it made a little more sense than some other random piece of bullion.  Though it likely doesn’t have huge potential for an increase in numismatic value beyond its bullion content, I do think it’s got a little more potential there than a basic modern bullion coin would.