Category Archives: Peru

World Coins – “Star of Lima” Coinage of 1659-1660

“Star of Lima” Coinage of 1659   By Daniel Frank Sedwick – Sedwick Coins – Treasure and World Coin Auctions …….. This is a case of “it’s easier to ask forgiveness than it is to get permission.”1 The city of Lima, Peru, was short of silver coinage and needed to remedy the situation before the […]

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Mike Byers Mint Error News – Triple Struck 1741 Peru Gold 8 Escudos

By Mike Byers for Mint Error News …… 1741 L V Peru Gold 8 Escudos Triple Struck Flipover NGC MS 62 Unique   This 1741 Peru Gold 8 Escudos is a very rare South American gold coin. It is a spectacular triple struck flipover creating a dramatic numismatic rarity. It is tied for finest known, […]

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Foreign Coins Struck by the United States Mint: Fighting a Global War

By Tyler Rossi for CoinWeek ….. Money is the fuel that facilitates the global economy, and at no point is this more important than during a war. In 1914, the world descended into a war that would end only after leaving approximately 20 million dead and 21 million wounded or maimed. Due to a complex […]

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Hyperinflation: Five Banknotes That Signaled Economic Catastrophe

By Tyler Rossi for CoinWeek ….. What is inflation? Basically, inflation is the rate, usually measured yearly, at which prices increase. When controlled by financial institutions and kept below 2% annually, inflation can actually help increase consumer demand and drive economic growth. However, if inflation starts to increase rapidly, money becomes worth significantly less. Central […]

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Foreign Coins Struck by the United States Mint in the 19th Century

By Tyler Rossi for CoinWeek ….. The purpose of the United States Mint is to make money. And no, I don’t just mean striking coins for the federal government. According to its Annual Report, during the 2020 fiscal year, the Mint earned approximately $40 million USD in profit. This revenue was due to the Mint’s […]

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Heritage Auctions: Dresden Collection of Hispanic and Brazilian Proclamation Medals

The newest monthly world coin auction from Heritage spotlights the Dresden Collection of Hispanic and Brazilian Proclamation Medals. This spectacular collection includes 150 lots, 90% of which are mint state, and is heaviest in material from Mexico, Peru, and Brazil. It was assembled from 1952 through 1959 and hasn’t seen the light of day for […]

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Mexican & Latin American Coins From Lake County Collection in Special Heritage Auction

As one of our periodic auctions of specialized collections of world coins , Heritage has just opened its auction of The Lake County Collection for bidding. This collection features quality material from Latin America, with opening bids that will not break most collectors’ budgets. The live session for this auction is scheduled for 8 pm […]

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Spanish Mint Issues 11th Ibero-American Series of Collector Coins

  Spanish Mint Issues 11th Ibero-American Series Coin By Real Casa de la Moneda …… As of July 24, the  Spainish Mint (Real Casa de la Moneda) has issued the nine-coin 11th series of Ibero-American collector coins. What makes this set distinctive is the participation of nine different countries from Europe and South America: Argentina, […]

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1944 Palestine Currency Board 5-Pound Banknote Sells for $12,980

By Archives international Auctions….   A Palestine Currency Board £5 note dated 1944 and with rare “F” prefix sold for $12,980 at a sale of U.S. and worldwide banknotes, federal bonds and documents and security printing ephemera held March 10 by Archives International Auctions, in the firm’s offices at 1580 Lemoine Avenue in Fort Lee, […]

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