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Learn about the exorbitant price of S/1 collectible coins and which ones are the best sellers

Learn about the exorbitant price of S/1 collectible coins and which ones are the best sellers

He coin collecting It has become an activity of great interest in Peru, especially among those looking for unique pieces of historical value. The S/1 coins issued by the Central Reserve Bank of Peru (BCRP) with commemorative designs and limited editions are highly appreciated by numismatists. In 2024, some of these coins have reached exorbitant prices in the market, and their demand continues to increase.

Among the most coveted S/1 coins are those belonging to the “Wealth and Pride of Peru” series, which stand out for their detailed designs and their representation of the country’s rich cultural heritage. Are coins They are not only a means of payment, but also a sample of Peruvian art and history. In particular, coins dedicated to historical monuments or samples of fauna and flora, being highly valued due to their rarity and state of conservation.

What are the three most sold S/1 coins in the BCR?

The Central Reserve Bank of Peru has a section on its page where it specifies which are the most sold monetary pieces, the value and description. However, it specifies that each transaction cannot exceed the weight of 1kg and a maximum value of S/1,000.

Below, we show you some of the most requested:

  Collectible coin price.  Photo: BCRP

Collectible coin price. Photo: BCRP

  Collectible coin price.  Photo: BCRP

Collectible coin price. Photo: BCRP

    Collectible coin price.  Photo: BCRP

Collectible coin price. Photo: BCRP

  Collectible coin price.  Photo: BCRP

Collectible coin price. Photo: BCRP

  Collectible coin price.  Photo: BCRP

Collectible coin price. Photo: BCRP

  Collectible coin price.  Photo: BCRP

Collectible coin price. Photo: BCRP

  Collectible coin price.  Photo: BCRP

Collectible coin price. Photo: BCRP

How was the Nuevo Sol born?

In response to the significant devaluation of the Inti, the need arose to establish a new monetary system. This issue was debated on multiple occasions in Congress, in which various proposals for naming the new currency were discussed.

In 1990, a bill called “new sun” was proposed. On December 31, 1990, through Law 25295, the creation of the new monetary unit of Peru was made official. This came into force on July 1, 1991, and was divisible into 100 cents and with the symbol “S/.”

S/1 coins: which is the most difficult to get?

It’s about the currency of a sun known as ‘Tumi de oro’, which is part of the Wealth and Pride of Peru series. As for its price, it is known that collectors pay between S/30 and S/500, a considerable sum. It should be noted that this specimen is difficult to find, although 10 million units were minted in 2010.

The country with the most valuable currency in the world

Kuwait has the badge most expensive in the world. The Kuwaiti dinar is worth 3.25 times the US dollar. Below, we show you the top 10 most valuable currencies internationally.

  1. Kuwaiti Dinar (KWD) – 1 KWD = 3.25 USD
  2. Bahraini dinar (BHD) – 1 BHD = 2.65 USD
  3. Omani Rial (OMR) – 1 OMR = 2.60 USD
  4. Jordanian Dinar (JOD) – 1 JOD = 1.41 USD
  5. British Pound Sterling (GBP) – 1 GBP = 1.26441 USD
  6. Cayman Islands Dollar (KYD) – 1 KYD = 1.20 USD
  7. Euro (EUR) – 1 EUR = 1.08535 USD
  8. Swiss franc (CHF) – 0.90263 CHF = 1 USD
  9. US dollar (USD)
  10. Canadian Dollar (CAD) – 1.35678 CAD = 1 USD

Source: Larepublica

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