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A small collection of Chilean Volcano Pesos

EddiEddi Posts: 467 ✭✭✭✭✭

The Volcano peso, known in Chile as the Peso "Chile Independiente", was struck from 1817 until 1834 at the Santiago mint. It is a very popular type coin with an interesting, and I think beautiful and symbolic design.

I have managed to assemble over the years a small collection of these coins, missing still some of the scarcest issues, but including some interesting ones, for example 1817 without an assayer (minted for approximately only 1 month in 1817), and the 1832 Peso which appears only very infrequently.

Please post your examples if you have any, it would be a great pleasure to see them.


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    1984worldcoins1984worldcoins Posts: 601 ✭✭✭✭✭

    That is a great collection and a nice coin design. I have a few from my year, was not easy to get, a friend from Santiago got them for me.

    Coinsof1984@martinb6830 on twitter

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    BoosibriBoosibri Posts: 11,937 ✭✭✭✭✭

    Outstanding collection! Some of the dates are next to impossible or are impossible in the case on the unique 1826 in the British museum

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    bidaskbidask Posts: 13,912 ✭✭✭✭✭

    @Boosibri said:
    Outstanding collection! Some of the dates are next to impossible or are impossible in the case on the unique 1826 in the British museum

    Ditto 👍

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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    WCCWCC Posts: 2,426 ✭✭✭✭✭

    I wasn't aware of the 1826, but even aside from that, I doubt there are many complete sets. It's a tough one for sure.

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    ChopmarkedTradesChopmarkedTrades Posts: 499 ✭✭✭✭✭

    Really great set, and all raw.

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    scubafuelscubafuel Posts: 1,744 ✭✭✭✭✭

    Great collection! Thanks for sharing it.
    Could you explain the differences between some of the duplicate dates? I recognize the 1817 “centered Y” as very scarce but what are the two 1821s and 1822s? What dates are missing, if any?

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    BoosibriBoosibri Posts: 11,937 ✭✭✭✭✭

    @WCC said:
    I wasn't aware of the 1826, but even aside from that, I doubt there are many complete sets. It's a tough one for sure.

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    bidaskbidask Posts: 13,912 ✭✭✭✭✭

    How scarce is the 1818 ...yours appears to very very nice.

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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    EddiEddi Posts: 467 ✭✭✭✭✭

    @bidask said:
    How scarce is the 1818 ...yours appears to very very nice.

    I attempted a census of Santiago pesos a few years ago. Back then I counted up to 9 examples of 1818, and 6 of the 1818/7.
    This is my example of the 1818/7:

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    EddiEddi Posts: 467 ✭✭✭✭✭

    A comment regarding the 18134 IJ with Philippines countermark: this particular coin is also quite common, at least in relation to the general type. It is only second in availability to the 1817 FJ.

    I suspect that almost the entire mintage of 1834 IJ was shipped to the Philippines where it was c/m'd for local use.

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    MrEurekaMrEureka Posts: 24,011 ✭✭✭✭✭

    Fantastic! Thanks for sharing.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    WCCWCC Posts: 2,426 ✭✭✭✭✭

    @Eddi said:

    @scubafuel said:
    Great collection! Thanks for sharing it. yewrs are FI
    Could you explain the differences between some of the duplicate dates? I recognize the 1817 “centered Y” as very scarce but what are the two 1821s and 1822s? What dates are missing, if any?

    The following are the dates and major varieties which are recorded for the Santiago mint Volcano Peso:

    1817: 3 varieties - 1817 assayers FJ, 1817 w/o assayer, 1817 assayers FD (chronological order).
    1818: 2 varieties - 1818/7 assayer FD and 1818 assayer FD.
    1819: 3 varieties - 1819/8 FD, 1819 FD (large smoke stack), 1819 FD (compact smoke stack, new style).
    1820: 1 variety - assayers FD
    1821: 2 varieties- assayers FD
    1822: 1 variety - assayers FI
    1823: 1 variety - assayers FI
    1824: 1 variety - assayer I
    1825: 1 variety - assayer I
    1826: 1 variety - assayer I
    1830: 1 variety - assayer I
    1831: 1 variety - assayer I
    1832: 1 variety - assayer I
    1833: 1 variety - assayer I
    1834: 3 varieties - assayer I, assayer IJ, assayer I/IJ with Philippines C/M

    Comments on estimated populations:
    The most common years/types are 1817 FJ (by far, I estimate 60-70% of all Pesos are of this type), 1822 FI, followed closely by 1833 I.

    All others are very scarce, very rare, or, in some cases unique:

    Approx. 8-12 are known of the 1817 w/o assayer.
    Approx 15 are known of the 1821.
    Approx. 3-4 of 1824.
    Approx. 2-3 of 1825.
    Only one example is known of 1826 and 1830.
    2 examples known of 1831 I (to my knowledge)
    Approx. 4-5 examples of 1832.

    I see mintage records in the NGC World Coin Price Guide. The mintages for the 1825 and 1830 are quite (but not very) low, 3,400 and 6,868. The 1826 none listed.

    Are these believed to be accurate? And what is the source of your survival estimates?

    If so, seems hard to believe so few exist for all the dates you listed. This would make these dates scarcer than the 1768 columnario 8R as well as some of the other dates. It would also make it rarer than many other columnarios with equivalent or much lower mintages which were issued up to a century earlier, like the Mexico 1732 minors.

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    PillarDollarCollectorPillarDollarCollector Posts: 4,943 ✭✭✭✭✭

    Very nice series!!

    Coin collecting interests: Latin American early pillar 1 reales

    Sports: NFL & NHL

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    PillarDollarCollectorPillarDollarCollector Posts: 4,943 ✭✭✭✭✭

    Coin collecting interests: Latin American early pillar 1 reales

    Sports: NFL & NHL

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    WCCWCC Posts: 2,426 ✭✭✭✭✭
    edited March 7, 2021 2:45PM

    Follow-up on my last post. Here is what NGC and PCGS have graded:

    1821: 4 (45, two 55 and one details)
    1824: 0
    1825: 2 (45, 61PL)
    1826: 0
    1830: 0
    1831: 2 (61, 62)
    1832: 5 (45, 53, 55,58, 61, details)

    I have never seen any "details" data for PCGS, though it's lower probability for this coinage.

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    PillarDollarCollectorPillarDollarCollector Posts: 4,943 ✭✭✭✭✭

    All you guys make this forum amazing so much knowledge it's great!!!

    Coin collecting interests: Latin American early pillar 1 reales

    Sports: NFL & NHL

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    Namvet69Namvet69 Posts: 8,714 ✭✭✭✭✭

    Incredible group of Pesos in both denominations. Glad you shared them with the history lesson. Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun

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    BoosibriBoosibri Posts: 11,937 ✭✭✭✭✭

    I have seen pictures of two 1825-I Peso's, one the Ponterio piece from 2011 which is the 61PL. The second, lot 57 in the March 31st 1981 Freeman Craig sale which could be the 45.

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    WCCWCC Posts: 2,426 ✭✭✭✭✭

    PCGS has also encapsulated a third 1825 as "XF details" which Heritage sold for about $4,000 in 2013.

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    StellaStella Posts: 689 ✭✭✭✭

    How cool! These look great together.

    Thanks for sharing.

    Coin collector since childhood and New York Numismatist at Heritage Auctions.
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    marvinfmarvinf Posts: 45 ✭✭

    1820
    The King of circulation strike volcano pesos (NGC MS65 - the only 65 of the whole volcano peso type graded by PCGS or NGC):

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    bidaskbidask Posts: 13,912 ✭✭✭✭✭

    @marvinf said:
    1820
    The King of circulation strike volcano pesos (NGC MS65 - the only 65 of the whole volcano peso type graded by PCGS or NGC):

    Looks like a wowser coin for sure! You own it ?

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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    BoosibriBoosibri Posts: 11,937 ✭✭✭✭✭

    @marvinf said:
    1820
    The King of circulation strike volcano pesos (NGC MS65 - the only 65 of the whole volcano peso type graded by PCGS or NGC):

    I wanted to buy the coin when it was consigned with Stacks but the reserve was too high if I recall.

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    bidaskbidask Posts: 13,912 ✭✭✭✭✭

    @Boosibri said:

    @marvinf said:
    1820
    The King of circulation strike volcano pesos (NGC MS65 - the only 65 of the whole volcano peso type graded by PCGS or NGC):

    I wanted to buy the coin when it was consigned with Stacks but the reserve was too high if I recall.

    I think $35,000

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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    pruebaspruebas Posts: 4,370 ✭✭✭✭✭

    @Boosibri said:

    @marvinf said:
    1820
    The King of circulation strike volcano pesos (NGC MS65 - the only 65 of the whole volcano peso type graded by PCGS or NGC):

    I wanted to buy the coin when it was consigned with Stacks but the reserve was too high if I recall.

    Where are you going to find another?

    If you want the best, you gotta pay up.

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    BoosibriBoosibri Posts: 11,937 ✭✭✭✭✭

    @pruebas said:

    @Boosibri said:

    @marvinf said:
    1820
    The King of circulation strike volcano pesos (NGC MS65 - the only 65 of the whole volcano peso type graded by PCGS or NGC):

    I wanted to buy the coin when it was consigned with Stacks but the reserve was too high if I recall.

    Where are you going to find another?

    If you want the best, you gotta pay up.

    Well, No one else paid up (reserve was 2x the Lissner price) and I haven’t lost a second of sleep thinking about it. Maybe one day…

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    lordmarcovanlordmarcovan Posts: 43,259 ✭✭✭✭✭

    Very impressive. I've never had one.


    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
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    EddiEddi Posts: 467 ✭✭✭✭✭

    Beautiful Peso Chile Independiente 1820!
    Ex Lissner 2014 as I recall.

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    MrEurekaMrEureka Posts: 24,011 ✭✭✭✭✭

    @pruebas said:

    @Boosibri said:

    @marvinf said:
    1820
    The King of circulation strike volcano pesos (NGC MS65 - the only 65 of the whole volcano peso type graded by PCGS or NGC):

    I wanted to buy the coin when it was consigned with Stacks but the reserve was too high if I recall.

    Where are you going to find another?

    If you want the best, you gotta pay up.

    I've certainly stretched for many irreplaceable coins over the years, but I can't think of anything that I would have bought at absolutely any imaginable price.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    marvinfmarvinf Posts: 45 ✭✭

    The 1820 MS65 has a new owner!
    Probably disappear now for a long time. Undoubtedly a world's record price. I think this happened due to the Cape Coral collection that was auctioned by Heritage and the world's record price for the 1824 Mexico hookneck 8 Reales, a coin that's arguably in the same class as the 1820 Peso save for a smaller collecting base for early Republican coins of Chile. Shortly after that, the coin was sold.

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    bidaskbidask Posts: 13,912 ✭✭✭✭✭

    That is big news on the 1820 Chilean peso!

    Does not surprise me .

    Wonder what it sold for to the new buyer ? 😏

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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    BoosibriBoosibri Posts: 11,937 ✭✭✭✭✭

    @bidask said:

    @marvinf said:
    1820
    The King of circulation strike volcano pesos (NGC MS65 - the only 65 of the whole volcano peso type graded by PCGS or NGC):

    Looks like a wowser coin for sure! You own it ?

    This N65 now in a P64+ holder

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    EddiEddi Posts: 467 ✭✭✭✭✭
    edited May 7, 2024 12:46PM

    An 1819 F.D yet which I got from a S&B auction a couple of years ago. This year exists with both small/compact and large smoke clouds issuing from the volcano. My example is the large smoke variety.

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    ELuisELuis Posts: 888 ✭✭✭✭✭
    edited May 9, 2024 11:07AM

    I have seen the Peso in different conditions and also just one that was way expensive at 12K that was sold right away, have also seen the 2R and 1R or Un R. But with marks and little welding marks too, and not cheap. These types of coins do not show up that often raw, maybe in auctions but I have not tried that route.

    Good stuff posted so far.

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    ELuisELuis Posts: 888 ✭✭✭✭✭

    @Boosibri WOW what a pair of Pesos Independientes - it is yours also the 1820 you posted above?

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    BoosibriBoosibri Posts: 11,937 ✭✭✭✭✭

    @ELuis said:
    @Boosibri WOW what a pair of Pesos Independientes - it is yours also the 1820 you posted above?

    No, the guy above who had the 1820 posted to this thread and then I inquired on price. He quoted me $65,000 which is ridiculous for a dark coin with limited eye appeal.

    Come to find out head already has a deal in place for less to the current owner and was fishing for a higher bid.

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    RSPRSP Posts: 70 ✭✭

    I looked at the Lissner N65 at preview twice before the Lissner auction. I totally agree with you, Brian, it is not a very nice coin. Dark with limited eye appeal is accurate. My description is lackluster, in this case severely lacking luster. Coin was overgraded by NGC and very lucky to be in a P64+ holder now. I have not seen your P64 but I am quite certain that it blows away the Lissner coin.

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    AbueloAbuelo Posts: 1,770 ✭✭✭✭✭

    I hope you only paid 64+ money @Boosibri I cannot understand why would you submit accepting a possible downgrade.

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    BoosibriBoosibri Posts: 11,937 ✭✭✭✭✭

    @Abuelo said:
    I hope you only paid 64+ money @Boosibri I cannot understand why would you submit accepting a possible downgrade.

    Not my coin.

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    coinkatcoinkat Posts: 22,843 ✭✭✭✭✭

    Great thread- our host should be thrilled with this- great images, information and participation.

    This thread really illustrates the benefit of sponsoring the forum.

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