Machu Picchu
Peru
1948
Reference data compiled from public catalogs
Estimated Melt Value
$57.12
Based on Silver spot price ($78.96/oz) · 90.0% purity · 25g
Updated 10:08 PM
Collector premium not included
Specifications
| Country | Peru |
| Years Minted | 1948 |
| Composition | 0.900 silver |
| Weight | 25 g |
| Diameter | 38 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features the coat of arms of Peru.
Reverse
Depicts the ancient ruins of Machu Picchu.
History & Notable Facts
The 1948 Peruvian commemorative for Machu Picchu was struck on silver planchets sourced from the Lima mint, marking one of the few times that era's coins directly referenced pre-Columbian history without romantic embellishment. That direct link to the Inca site, excavated just decades earlier, makes it a straightforward nod to archaeology rather than the myth-laden tales some peddle.
Design-wise, the reverse shows the terraced ruins in fine relief, likely drawn from contemporary surveys. We don't know the exact designer's name; records from Peru's mint in the 1940s are spotty. What we do have is a coin that weighs about 25 grams, with a diameter of 38 millimeters, though edge details vary by specimen.
As for mintage, figures are unreliable—estimates range from 10,000 to 50,000, but that's guesswork based on surviving examples. Some think it was melted down during economic shifts in the 1950s.
Never confuse it with later issues; this one's silver content kept it out of pocket change. That said, it's just a coin.
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