What is the historical significance of the Lima Mint?
Peru 1 Libra
Gold Historic Fractional Coins
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Open Apr 14, 2025 - 02:38 PM
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Apr 14, 2025 - 02:38 PM
The Lima Mint, established in 1565 by royal decree from King Philip II, is the longest continually running mint in the Americas. It was strategically founded to utilize the abundant silver resources from the Andes for the Spanish Empire’s economy. This historical context adds significant value for collectors interested in the rich legacy of coin production and its impact on global trade and economy, especially for those interested in Peruvian gold coins.
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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 Brit...
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