This is a Chilean 20 Pesos Gold Coin. The coin was struck from 0.900 fine gold. Chilean gold coins are highly collectable.
Chile occupies the west coast of the southern part of South America. The Spanish explorer Diego de Almargo attempted to take Chile from the native Incas and Araucanian tribes in 1536. Although he failed, a second Spaniard Pedro de Valdivia succeeded and founded Santiago the capital in 1541. Chile formed its own national government in 1810, and full independence was secured by 1818. Chile has since had an interesting monetary history with long periods of high inflation mixed with a few periods of stability.
One of Spain's main priorities in conquering much of South America was to acquire gold. Chile therefore has produced a variety of gold coins for a long period of time, and makes an interesting subject for the collector of gold coins.
The obverse shows the left-facing portrait.
REPUBLICA DE CHILE
The reverse features a coat of arms, with the denomination.
20 Ps So
|Actual Gold Weight||0.1177 oz|
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.
All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes, therefore some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
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