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 Replies: 15 / Views: 1,564 |
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Valued Member
Spain
95 Posts |
I would like to show you one of the latest additions to my collection, it is 1 Peso from Chile from 1875, silver 900 24,5g 37mm mint 2.128.000. It is a beautiful coin with an impressive Condor breaking a chain with the beak while grabbing a shield with its claw. I like the legend "By reason or by force." I really recommend it. I have seen that there is a So NM variant, but I don't know what NM mean.   |
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Moderator
 United States
188011 Posts |
Very nice!  I am interested in finding out what the NM means as well. I see it on Numista, but no additional detail as to what it means.  |
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Valued Member
 Spain
95 Posts |
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Moderator
United States
188011 Posts |
Interesting. I did some more digging and still came up empty. |
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Pillar of the Community
United States
3234 Posts |
From Bing AI:
"The abbreviation "NM" on a Chilean 1 Peso coin from 1875 stands for "Nueva Moneda" which translates to "New Currency" in English 1. The "Nueva Moneda" was a monetary reform that took place in Chile in 1875, which replaced the old peso with a new one 1. The new peso was equivalent to 100 old pesos 1. The coin you are referring to was minted in Santiago, Chile, and is composed of 90% silver and 10% copper, with a weight of 25 grams and a diameter of 37 millimeters 1."
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Bedrock of the Community
United States
73903 Posts |
Very nice! Errers and Varietys.
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Bedrock of the Community
United States
25065 Posts |
Prethen, Numista lists an 1876 NM and an 1877 M, without mintage figures and the same KM#.
Neither Wayne Raymond's The Silver Dollars of North and South America, 2nd Ed. (1962) nor Krause's Standard Catalog of World Coins 19th Century, 3rd Ed. (2001) mentions the NM or M. Chile's pesos from 1867 through 1891 have the same KM# and characteristics.
Inordinately fascinated by bits of metal with strange markings and figures
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Valued Member
Spain
95 Posts |
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Pillar of the Community
 United States
7936 Posts |
Numismatics does funny things to your brain:
I have always liked the depiction of the condor on Chilean coins ... but I think the vultures that live near me are kinda gross looking.
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Moderator
United States
188011 Posts |
Quote:
I don't know how you can tell a NM coin from an old one Indeed. That is the remaining question. |
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Bedrock of the Community
United States
36707 Posts |
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Pillar of the Community
United States
834 Posts |
Nice example! I'd love to have this in my collection
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Pillar of the Community
Germany
1849 Posts |
"N.M" stands for Nicolas Meneses. He was an assayer at the Santiago mint.
He placed his initials near the condor's claw on pesos dated 1875, 1876 and 1877. 1876 and 1875 N.M are relatively common, with a modest premium.
1877 N.M however are quite scarce and valued as 2x + premium.
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Bedrock of the Community
United States
25065 Posts |
Thank you for the information and solving the mystery for us, GERMANICVS.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United States
834 Posts |
Yes, agreed, thanks for the follow-up, very interesting info Germanicus...
PS: I still need one of these for my collection. Added to my wishlist for the next coin show
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Moderator
United States
188011 Posts |
Quote:
"N.M" stands for Nicolas Meneses. He was an assayer at the Santiago mint. Thank you! I somehow missed this update when it was posted.  |
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Replies: 15 / Views: 1,564 |
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Posted 01/25/2024 4:27 pm
