BCRP: what are the S/1 coins that the entity sells and why does their price reach up to S/147?

From time to time, the Central Reserve Bank of Peru (BCRP) puts new S/1 coins into circulation. They seek to commemorate some historical event in the country or highlight the hard work of national heroes. These are produced in a limited edition and, in most cases, the price is usually greatly exceeded by its initial amount. Thus, we can have costs of up to S/147, a sum that manages to capture the attention of people and collectors who strive to own a copy within their belongings.

In that sense, here we will tell you what they are S/1 coins that sell for up to S/147according to the entity’s website, and what are its particular characteristics that make its cost high.

BCRP: what S/1 coins can you find?

One of the specimens that the BCRP offers is the S/1 coin alluding to the centenary of the birth of José Abelardo Quiñones. It has a cost of S/147 and was minted in 2014. Among its characteristics it can be seen that it has an alloy of 0.925% silver, so its price rises against this material. At the moment, There is no stock of it.

For its part, there is another centennial coin of the founding of the Chorrillos Military School. It is made of silver, with a 0.925% alloy and 37 millimeters in diameter.

The BCRP dedicated another coin for the centenary of the National Higher Autonomous School of Fine Arts of Peru. Like its similar ones, it is made of silver and was minted in 2018. Currently, it is not available. Its cost, like the others, is S/147.

Meanwhile, the National Mint It has a copy of S/1 whose price is S/147. For the same, 10,000 units were issued. This specimen was minted in 2015 and the entity reported that there is currently no stock.

For his part, the writer Ricardo Palma He has with him a S/1 coin for the centenary of his death, which is made of silver with a 0.925% alloy. Its minting date was in 2015 and its maximum issue was 5,000.

Another of the S/1 coins that was launched was the XII Ibero-American series ‘Historical Railways’, whose date of minting was in 2019. On the reverse you can see the first locomotive, called Callao, which was one of the first machines in service in South America.

The BCRP minted its own currency in which one of the entity’s imposing buildings stands out, where there is currently a museum. It commemorates its centenary, whose period was from 1922-2022. One of the characteristics that it shares with the other examples is the 0.925% silver alloy.

In the same year, another coin was released commemorating the bicentennial of the Congress of the Republic. It is made of silver and has a diameter of 37 millimeters. Currently, it is available for sale at S/147.

What was the last currency issued by the BCRP?

The Central Reserve Bank of Peru announced that the S/1 coin allusive to José de la Mar y Cortázar was put into circulation. This is part of the eighth coin of the numismatic series ‘Builders of the Bicentennial Republic 1821-2021’.

The objective is to make known the history of the Peru through its numismatic specimens. As previously reported, 10 million units were placed in circulation to be used in any economic transaction.

What characteristics does the new S/1 currency have?

• Denomination: S/1.00
• Alloy: nickel silver
• Weight: 7.32g
• Diameter: 25.50mm
• Edge: grooved
• Year of minting: 2023
• Obverse: coat of arms
• Reverse: composition alluding to José de la Mar y Cortázar
• Issue: 10 million units