necklace of coins w/ inscriptions: front: "BANCO CENTRAL RESERVA DEL PERU 1876" with shield in middle; back: "1/2 SOL DE ORO"; questions: what are they? what is the value? what are they made of? [they have a gold tone]
Roy, thanks so much for the reply. I didn't know how to navigate the site as I've just joined. However, I did get on the same sub-site that you show in your response... Maybe somehow I clicked on your reply and didn't actually navigate to it, myself. Yes, you are right. I looked at the coins [there are a bunch of them in a necklace and earrings; they have holes in them...], and I could see from one to another, the date on them. The photos show exactly what's on the coins. The coins have been distorted, also. I guess they've been heated because they all have a convex 'bulge' to them; I suppose that was to give them more character for jewelry making. Thanks for the help. We bought them from some gals from Mexico who were visiting our church about 35 years ago. I was curious about the metal [they don't seem to have tarnished]. The info says they're brass. They are valued at "1/2 Sol de Oro=50 centavos (0.50 PEH)---whatever that is in US currency, it couldn't be much. [I have no idea what 'PEH' is....] I guess the brass has some intrinsic value as a metal. Well, I guess that is what the value they put to it, as I know it is demonitized: is valueless as a monetary coin. As you can tell, I know zero about coins. And since these are mutilated they may not even have numismatic value. (???) Anhow, I guess that's all I need to know. I have no desire to sell them. Thanks muchly, Roy, for your help/expertise. HellenOfTroy---5:45 a.m. , Tues., 7-28-'15
Hi HellenOfTroy, to answer some of your questions:
- If you're buying the coins, unless they are considerably rare, ex-jewelry coins are worth nothing but the metal value. Brass has very little value
- Sol de oro (PEH, the ISO 4217 for the Peruvian sol) is a defunct currency that inflated the coin during the 80's
- You say you got them from gals from Mexico, funny you mention; I have customers who shop with their relatives at work, and sometimes they have nuevos pesos in their change. One customer, not latina, had a coin from Argentina from the 80's sitting in her wallet, demonetized too, that she gladly gave me. Although they aren't circulating, they produced them in millions.
Kenny
- Verifying your Asian and British-territorial coins everyday with the best quality photos and the best information.
KennyG...Thanks for the response. If you've seen the other posts, you'll see that I did get the info on the coins I was looking for. And for my limited knowledge and interest in the subject, that's as far as I am taking it. Mainly I wanted to just know the value of these coins and what they were made of. That's all. I don't travel to Mexico or middle or South America. Not to mean that if I ever had opportunity, I wouldn't take it to go. But with the world in such turmoil as it is, I won't chance it. Call me a coward.... Oh well.... Anyhow, KennyG, thanks for the response and good luck and God's blessing as you continue to pursue your passion for the world of coins. It's a worth pursuit. Yours, HellenOfTroy.
