1916 Coins of the USA and World
Columbia
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Coin Details
Origin/Country: |
COLOMBIA MODERN REPUBLIC |
Item Description: |
50C 1916(B) |
Full Grade: |
NGC MS 61 |
Owner: |
deposito |
Owner Comments:
50 Centavos from the Bogota Mint with Simon Bolivar on the obverse. Thirteen years earlier in 1903 the US had taken advantage of, and maybe encouraged, Panama's independence from Colombia which culminated in the Hay-Bunau-Varilla Treaty and the Panama Canal. Colombia had earlier rejected the US attempt to negotiate a canal concession.
Sole top pop at NGC for now. NGC has two other problem-free 1916(B) 50 centavos in their registry. There are a couple mint state examples of the 1916 50 Cent coin from the Philadelphia mint but none others but this from the Bogota mint. Mintage from Bogota mint was 1,060,000. From Philadelphia was 1,300,000. This coin is ready for the "stackers" of the 21st Century with its weight and fineness of silver clearly marked on the coin's reverse "G. 12.500. LEY 0.900"
Composition Silver (.900)
Weight 12.5 g
ASW: 0.3617oz
Melt Value: $8.57 (11/22/2023)
Diameter 30 mm