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Peru 2 Soles

Peru

1826–1853

Reference data compiled from public catalogs

Estimated Melt Value

$15.52

Based on Silver spot price ($78.96/oz) · 90.3% purity · 6.77g

Updated 10:08 PM

Collector premium not included

Specifications

CountryPeru
Years Minted1826–1853
Composition0.903 silver
Weight6.77 g
Diameter20 mm
ShapeRound
EdgeReeded

Design

Obverse

Obverse features the Peruvian coat of arms with a shield and stars.

Reverse

Reverse displays the denomination '2 Soles' within a wreath and the date.

History & Notable Facts

Many of these 2 Soles coins were struck on planchets recycled from melted Spanish reales, a frugal reuse of metal in Peru's fledgling republic.

That practice wasn't just economical; it reflected the messy transition from colonial rule, with mints in Lima and Cuzco improvising amid scarce resources. The obverse typically featured a liberty cap or national arms, while the reverse showed the denomination and date, all in .903 silver. Variations exist, like overdates or crude strikes, depending on the year.

We don't know exact mintages for most issues, as records from that era are spotty—some burned in fires, others lost to time. As for myths, I've heard tales of hidden treasures in the Andes, but that's just romantic nonsense. No buried hoards here, just solid coins that circulated hard.

Collectors might spot counterfeits; the real ones often show die cracks from worn equipment.

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