1 Libra obverseObverse

Image: Wikimedia Commons · CC0

1 Libra

Peru

1930–1943

Reference data compiled from public catalogs

Estimated Melt Value

$1,117.88

Based on Gold spot price ($4,790.835/oz) · 90.0% purity · 8.064g

Updated 10:08 PM

Collector premium not included

Specifications

CountryPeru
Years Minted1930–1943
Composition0.900 gold
Weight8.064 g
Diameter21.9 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the Peruvian coat of arms surrounded by the country's name.

Reverse

Displays the denomination '1 Libra' along with the year and possibly decorative elements.

History & Notable Facts

The 1 Libra gold coin from Peru was minted during a period of economic turmoil, specifically as part of the 1930 currency reform that tied the Libra to the gold standard at 10.5 grams per coin.

That reform aimed to stabilize the Peruvian economy after years of inflation and foreign debt. Struck at the Lima Mint, these coins used 90% gold alloy, with designs featuring the national coat of arms on one side and a wreath on the other—simple, functional engravings that reflected the era's austerity.

Mintage figures vary by year, but records show production peaked in 1935 before tapering off. Not every date is common; the 1943 issue, for instance, is scarcer due to wartime restrictions.

One oddity: some numismatists claim these coins were hoarded for their melt value, which might explain why they're still turning up in odd places.

We don't know exactly how many were exported or melted down, as post-war archives are spotty.

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