What is the gold content of the coin?
Peru 1 Libra
Gold Historic Fractional Coins
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Open Apr 14, 2025 - 02:38 PM
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Answer
Apr 14, 2025 - 02:38 PM
The gold content of the Peru 1 Libra is 0.2354 ounces. This specific weight aligns with the British Sovereign standard, making it a recognizable and trusted measurement for collectors and investors valuing consistency and historical significance.
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Peru 1 Libra
In 1901, Peru adopted a gold standard linked to that of Britain, with a Libra (pound) equal to 10 Soles equal to a Sovereign. The Peru Libra were minted to the exact specifications of the British Sovereign (.2354 oz. gold). There was a saying in the early 1900's that the sun never set on the Bri...
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