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Peru 1/5, 1/2, and 1 Libra (Pound)  1898 to 1969
Peru 1/5, 1/2, and 1 Libra (Pound) 1898 to 1969

Peru issued these nice gold coins as Trade Coinage, i.e., coins to be used outside of Peru herself. The pattern is the same, but the size and gold content are different, as follows:

1/5 libra: 15 mm diameter, 0.0471 troy ounces of gold
1/2 libra: 19 mm diameter, 0.118 ounces gold
1 libra: 22 mm diameter, 0.235 ounces gold

To find the value of your coin, first multiply its gold weight by the current price of gold. For instance, today's gold fix, according to web site kitco.com, is $1178 US dollars per Troy ounce. For a 1 libra coin, the base value is 0.235 x 1178 = $277 US dollars.

All dates of this coin are equally valuable -- there are no dates that are worth much more than other dates -- although coins dated before 1930 tend to be slightly more scarce than those after 1930. For coins that are in superb condition, fully uncirculated or nearly so, you can add a small premium to the base value to account for collector appeal. The coin in our picture shows 'normal' wear and eye appeal, so no premium should be added. If the coin knocked your socks off with superb luster and appeal, you might add $50 US dollars to the base price.

NEVER CLEAN A COIN. CLEANING RUINS VALUE.

Remember that when speaking of precious metal like silver and gold, 'troy ounces' and 'ounces' mean the same thing; 'troy' is understood.

Coin: 3912 , Genre: Colonizers and Colonies
Requested by: serano, Sat, 01-May-2010 10:42:31 GMT
Answered by: Paul, Tue, 27-Aug-2013 01:58:41 GMT
Reviewed by CoinQuest. Appraisal ok., Mon, 17-Aug-2015 14:07:44 GMT
Requester description: 1909 VERDAD I JUSTICIA UNA LIBRA/Republica PERUANA LIMA G •OZ•G 1909/Gold
Tags: peru 1 5 2 libra pound peruana peruvian perv pounds punt poundnote verdad i justicia una republica republic lima oz gold repub repbulique republik repcblique repuika republ republicas republicia reipvblicae repubblica reublico republiove republiek repvbliqve republique rupublica repvbblica republika replucique rebublique repvblica replublica republicans republka repvblique repbublic goldish golden goldenen indian crest coat cornucopia wreath arms coats crests insignia crested creast greenery wreathed rief reif reef wreathe wreat garland wreth wreah wreaths leaves leaf sun sunburst shield leafs leave leaved leafed leafy leavs sunrise sunshine sunset sunlight sheild shiled shied chevrons shileld shild escucheon shelid chevron ashield shields

  

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Mon, 05-Dec-2016 08:29:03 GMT, unknown: 10963088