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1968 Chile 100 Pesos KM# 175. Should I Get This Graded? Is It Worth It?

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yellow88's Avatar
United States
581 Posts
 Posted 08/29/2018  05:53 am Show Profile   Bookmark this topic Add yellow88 to your friends list Get a Link to this Message Number of Subscribers
Picked it up at bullion price. Curious if there's any numismatic value. NGC, nor any place else, has mintage numbers for 1968.

Wondering if I should get this graded? Is it worth it? What do you all think of these modern Chilean bullion coins?

Thanks all.

1968-Chile-100-Pesos-KM#-175.--Should-I-Get-This-Graded?-Is-It-Worth-It?
1968-Chile-100-Pesos-KM#-175.--Should-I-Get-This-Graded?-Is-It-Worth-It?
1968-Chile-100-Pesos-KM#-175.--Should-I-Get-This-Graded?-Is-It-Worth-It?
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tdziemia's Avatar
United States
7941 Posts
 Posted 08/29/2018  08:27 am  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
I found it tough to get any answers (mintage for example) from researching NGC, CoinArchives, etc. The NGC table suggests it is a common date, but ...

The only example of this coin at auction I could find was an MS64 example in the Sept. 2012 Goldberg auction, but I couldnt find the price realized. For reference, the spot price back then was approaching to peak of that bubble, around $1750/oz at the time of the auction, so be careful how you interpret the sale price if you can find it.
https://www.sixbid.com/browse.html?...5&lot=464174
There is a 1958 up for sale in the current Goldberg auction:
https://www.sixbid.com/browse.html?...5&lot=464174
As for your last question ... I find gold coins with "classic" designs (classic is of course relative for modern countries like Chile) very attractive. SO I think that's a great coin. Fortunately I was blessed with the gift of self-control when it comes to opening my wallet, or I would be living in a shack with lots of really nice coins around me.
Edited by tdziemia
08/29/2018 08:42 am
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oriole's Avatar
Canada
5241 Posts
 Posted 08/29/2018  08:46 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
@yellow88, it may be just the light, but it seems to have a light polishing/ cleaning. My older Krause does not give the mintage numbers but values it as bullion for XF or less.

In this case, I do not see that grading/ slabbing is going to increase the value at all.

That being said, I think that I would have been tempted to buy it at bullion unless the cleaning was very noticeable.
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yellow88's Avatar
United States
581 Posts
 Posted 08/29/2018  09:19 am  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
Thank you all.

I was unaware Chile has been producing a variety of modern gold coins for about the last 90 years are so. And most as bullion not "special editions"/"proofs" etc.

18.31 grams of pure shiny for $720 ain't bad.

I think they're attractive and there's different sizes and designs to choose from. As long as I can by within 5% of spot it's all good. I just don't see many of them in my neck of the woods.

oriole- Very valid point you brought up. The lighting and camera settings created that polished look but the coin fortunately has bee.
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thisistheshow's Avatar
United States
987 Posts
 Posted 08/29/2018  09:19 am  Show Profile   Bookmark this reply Add thisistheshow to your friends list Get a Link to this Reply
with Oriole
Edited by thisistheshow
08/29/2018 09:20 am
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fioti's Avatar
United States
4212 Posts
 Posted 08/29/2018  1:48 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
I too,believe this piece has been polished. I also see elements of a clash, most images show it in varying degrees.

I just have a prob w/the design coming off the horses back.
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yellow88's Avatar
United States
581 Posts
 Posted 08/30/2018  04:53 am  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
fioti-
So I can gain from your knowledge in order to better educate myself, regarding this particular coin, would you mind defining and describing when you say "elements of a clash", how it is shown, and the prob with the design on the horse's back?

I certainly would appreciate it.
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IndianGoldEagle's Avatar
United States
36746 Posts
 Posted 09/11/2018  10:45 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Can we see a couple more photos with different lighting angle. Too hard to judge from these.
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yellow88's Avatar
United States
581 Posts
 Posted 09/18/2018  12:18 am  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
Thank you again for all the assistance. It certainly makes a fun (and unusual, for me at least) addition to my modest collection.

When I have a moment I'll post some new pics with varied lighting for grins and giggles.
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