Central and South American Gold Coins

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Latin American Gold Coins: Sizes and Designs

Latin American Gold Coins carry a remarkably rich history which makes them exclusive pieces among world gold coins. One of the top priorities of Spain when conquering the American continents was to acquire gold, especially Chilean gold. All the Chile Gold Coins were produced by the Chilean Mint – La Casa de Moneda de Chile – which was founded in 1743 by the King of Spain. The first coin struck by the mint in 1749 was the half-ounce gold coin featuring the effigy of King Ferdinand VI of Spain. The Chilean Mint issued gold coins for the Spanish Crown until the Chilean government was founded in 1810 and established the full independence of Chile in 1818. The first Chilean Gold Coins were the 1, 2, 4, and 8 escudos, issued between 1817 and 1851, featuring various obverse and reverse designs. Over the following years, Chile introduced several gold coin denominations of its main currency – the peso. These Chilean Gold Coins suffered 2 major content changes during their mintage, in 1895 and 1926, and were struck until 1980. Chilean Gold pesos came in a variety of denominations, from 1, 2, 5, 10 pesos to the latest 20, 50, 100 pesos, with weights from .0882 oz. to .5886 oz. On the obverse side of almost all Chile Gold Pesos is depicted the image of Liberty, while on the reverse side is showcased the Chilean Coat of Arms, which makes them exceptional pieces of worldwide coinage. Another impressive collectible among Latin American Gold Coins is the renowned Cuban Gold Coin – also called peso. The Cuba Gold Peso was issued only between 1915 and 1916 in 1, 2, 4, 5, 10 and 20 peso denominations, with weights varying from 0.0536 oz. to 0.9675 oz. of .900 pure gold. Each of these Cuban Gold Coins depicts on the obverse side the portrait of the Cuban hero José Marti and the Cuban Coat of Arms on the reverse side. Modern Latin American Gold Coins include various commemorative pieces, mostly depicting famous figures of their country’s history.

The Chilean Gold Pesos

The first Chile Gold Pesos were introduced between 1851 and 1853 - the 5 and the 10 pesos - made of .2207 oz. and .4414 oz. of .900 pure gold. The coins displayed on its reverse side the Chilean Coat of Arms: a shield with a five-pointed star, surrounded by a three-feathered crest and supported by two crowned animals: a condor and a huemul. This image was surrounded by the year of mintage, “S” mintmark (Santiago) and the words “Republica de Chile”. On the obverse side of the coins was depicted the image of Liberty with the Phrygian cap, standing next to the Constitution and a rich cornucopia, encircled by the words “Igualdad Ante La Lei” (En.: “Equality before the Law”) along with the coin’s denomination. In 1860, another Chilean Gold Coin was issued - the gold 1 peso coin struck from .0441 oz. of .900 pure gold. The 1 peso Chilean gold coin carried the same obverse image, but surrounded by the name of the country and the “S” mintmark, while on the reverse side was engraved the coin’s face value and the year of issue surrounded by a wreath and the inscription “Igualdad Ante La Lei”. The Chilean Gold 2 Pesos started to be minted in 1956 and were struck from .0882 oz. of .900 fine gold, bearing the same obverse and reverse design as the 5 and 10 pesos. In 1895 occurred the first change in the history of the peso coinage - Chile introduced a lower gold coinage standard and released the new 5 (.0883 oz.), 10 (.1766 oz.) and 20 (.3532 oz.) pesos struck from .9166 fine gold. These coins represented on their reverse side an improved image of the Chilean Coat of Arms, surrounded by the year of mintage, “S” mintmark and the coin’s denomination while on the obverse side was depicted a left faced Liberty, wearing a Phrygian cap and encircled by the name of the country. The second change was the introduction of the last Chilean Gold Coin in 1926 - the 20 (.1177 oz.), 50 (.2943 oz.) and 100 (.5886 oz.) pesos produced from .900 fine gold. The obverse side of these coins showcased a laureate female face profile, representing Republic, surrounded by the name of the country and the year of mintage while on the reverse side was depicted the Chilean Coat of Arms, encircled by the “S” mintmark and the coin’s denomination in pesos and condores. Chilean Gold Coins are among the rarest gold bullion coins, therefore, owning them is a unique opportunity you shouldn’t miss.

The Cuban Gold Pesos

The Cuban Gold Peso was issued during only two consecutive years, 1915 and 1916, being struck from .900 pure gold. The Cuban Coins value was engraved on the reverse side: 1, 2, 4, 5, 10 or 20 Pesos. The coins came in the following weight options: 0.0536 oz., 0.0967 oz., 0.1935 oz., 0.2419 oz., 0.4837 oz. and 0.9675 oz. These Cuban Gold Pesos were designed by the Chief Engraver of the US Mint, Charles E. Barber, and were minted at the Philadelphia facility of the US Mint. On the obverse side of each Peso Cuba Gold Coin is displayed the profile portrait of the Cuban National hero and prominent figure, José Marti, encircled by the words “Patria y Libertad”, the year of issue, the coin’s purity and weight in grams. The reverse side of the Cuban Peso features the Cuban Coat of Arms, representing a shield supported on a Fasces with a Phrygian Cap, a laurel wreath, and an oak branch. This image is surrounded by the inscription “Republica de Cuba” and the coin’s denomination. These Cuban Gold Pesos are highly valuable among investors and collectors due to their rarity and high purity content. Several other Cuban Gold Peso Commemorative Coins have been issued starting with 1977.

Browse our selection of these rare Latin American Gold Coins, including Chilean Gold Coins and Cuban Gold Coins for sale. For any questions, please contact our Bullion Exchanges associates at 800.852.6884, through our live chat feature, or by email at info@bullionexchanges.com.