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A small collection of Chilean Volcano Pesos
Eddi
Posts: 455 ✭✭✭✭✭
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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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
DPOTD
Outstanding collection! Some of the dates are next to impossible or are impossible in the case on the unique 1826 in the British museum
Latin American Collection
Ditto 👍
I give away money. I collect money.
I don’t love money . I do love the Lord God.
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.
Really great set, and all raw.
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?
Latin American Collection
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.
How scarce is the 1818 ...yours appears to very very nice.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
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:
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.
Fantastic! Thanks for sharing.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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.
Very nice series!!
Coin collecting interests: Latin America
Sports: NFL & NHL
One on ebay for auction:
https://www.ebay.ca/itm/1817-FJ-Chile-1-Peso-Santiago-Y-To-Left-3657/124610307486?hash=item1d035a659e:g:4kYAAOSwga1gOU0f
Coin collecting interests: Latin America
Sports: NFL & NHL
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.
All you guys make this forum amazing so much knowledge it's great!!!
Coin collecting interests: Latin America
Sports: NFL & NHL
The "Chile Independiente" series was struck in 1 peso, 2 real, 1 real and 1/2 real denominations.
Unlike the peso which was struck from 1817 until 1834, the 1 and 2 real coins were struck only in the year1834, and the 1/2 real only in 1833 and 1834.
The 1/2 real "Baby Volcanoes" are also very pretty!
Incredible group of Pesos in both denominations. Glad you shared them with the history lesson. Peace Roy
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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.
Latin American Collection
PCGS has also encapsulated a third 1825 as "XF details" which Heritage sold for about $4,000 in 2013.
How cool! These look great together.
Thanks for sharing.
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 give away money. I collect money.
I don’t love money . I do love the Lord God.
I wanted to buy the coin when it was consigned with Stacks but the reserve was too high if I recall.
Latin American Collection
I think $35,000
I give away money. I collect money.
I don’t love money . I do love the Lord God.
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…
Latin American Collection
Very impressive. I've never had one.
Beautiful Peso Chile Independiente 1820!
Ex Lissner 2014 as I recall.
This is my example of the 1820 Peso, a 'collectors grade' version of Marvinf's beautiful example....
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.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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.
That is big news on the 1820 Chilean peso!
Does not surprise me .
Wonder what it sold for to the new buyer ? 😏
I give away money. I collect money.
I don’t love money . I do love the Lord God.