Old Silver Peruvian 1/5 Sol Coin From 1888

Happy Wednesday everyone! I hope the day is treating you well so far. It's beautiful day here in southern California. Days like this remind me why I moved her in the first place, despite the crowded freeways and high taxes. It really is a wonderful place to live!

Today I'm sharing a coin not so much because it's special or all that uncommon, but only for it's date. This 1/5 Sol coin from Peru was minted in 1888, yes that is a lot of 8's! It also happens to be the favorite year collected by my good friend @silversaver888 . I thought she might appreciate seeing it! Have a look:

About the coin:

From numista.com

From a coin collectors point of view this one really isn't all that special. I picked it up years ago and I can't recall where, but at some point it was cleaned which greatly reduced it's value. But it does have 90% silver content and the bullion value is worth about $5.56 today. From a collector it might bring in $8 if I were lucky, but cleaned coins are generally avoided by serious collectors. A cleaned coin is always worth much less than a coin not damaged by cleaning.

But the date is very cool, three 8's are lucky after all! It also has the Peruvian coat of arms on the reverse (back) of the coin. I've always found it cool that they had the vicuña included. It's a unique animal, so I decided to share a bit about them!

Vicuña

rcrperu.com

The vicuña is an animal related to camels that lives in the high mountains of the Andes in South America. They are mostly found at elevations of 10,500 to 15,700 feet (3,200 to 4,800 meters) in Peru, Chile, Bolivia, and Argentina. They were hunted to near extinction by the 1960's with only about 6,000 individuals remaining. Conservation programs have allowed the species to recover to over 350,000 today.

They do resemble the alpaca, which appears to have descended from the vicuña. Their wool is highly sought after due to it's fine nature and insulating properties. After all, they do live in very high elevations so they have adapted to survive very cold weather. The wool is used in everything from socks to suits and is as fine as cashmere.

It's no wonder they are on the coat of arms of Peru, they are a very interesting species. I've never seen one in the wild in all my years of living in South America. It would be a great experience though!

That will do it for my post for this Wednesday. I hope you enjoyed it! Please feel free to leave any comments or questions below. Thank you everyone for all of your support, it is greatly appreciated. Have a great day everyone!

References:

https://en.numista.com/catalogue/pieces5415.html

https://en.wikipedia.org/wiki/Vicu%C3%B1a

Disclaimer

I am not a financial planner and this isn't financial advice. Please always do your own research before investing your money. You worked hard enough to earn it!

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