Quintos - The 1/5 Sols of Peru
1901/1 JF

Obverse:

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Reverse:

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Coin Details

Origin/Country: PERU - DECIMAL
Item Description: 1/5S 1901 JF
Full Grade: PCGS MS 65
Owner: Forest City

Set Details

Custom Sets: Quintos - The 1/5 Sols of Peru
Competitive Sets: This coin is not competing in any sets.
Research: NGC Coin Price Guide
NGC World Coin Census

Owner Comments:

General Comments:

1901 marks the first year of the last design re-working for the Seated 1/5 Sol type, changes that lasted with only very minor adjustment (see the with-R coins of 1911-1917) through series completion in 1917. Some subtle identifiers: Initials "JR" no longer appears on any coins of this type, the "1" has a flat top in the date rather than the old-style rounded top, and 7 berries appear in the laurel branch rather than 6 (although this was the case on some earlier dates).

The most expedient way to tell this type from the preceeding type is simply to look at "Libertad". It features a much "looser" and bolder font than the "strict", "thin", and "rigid" look of the previous font. Krause does not recognize the 1901-1917 type as distinct from the 1893-1900 type. I understand their categorization, since mainly only the fonts were changed. I personally consider it as it's own type, however.

1901 is a slightly better common date. Mint state examples may be hard to locate at any given time, yet many Gems do exist. Two more Gems were graded in late 2016 through early 2018, and I expect a few more to be graded in the future. I have not seen any that I believe would grade above Gem. Weak rims are the norm.

Minor Varieties:

1. Small superscript o
2. Large superscript o
3. o/o superscript o, S/S in SOL. (FC)
4. 1901/1 Recut Date, 1 is upright rather than tilting left as in other coins of the date (FC)

Most all coins have a notch in the center of the "S" in Sol. The re-cut date is not rare.

Availability:

G-VF: Somewhat Common
XF-AU: Somewhat Common
60-62: Somewhat Scarce
63-64: Somewhat Scarce
65: Somewhat Scarce

Population Report (January 2018):

NGC: One in 62; One in 63; Two in 64, Three in 65
PCGS: One in 55; Two in 64; Four in 65
Total at both services: 14; 13 in Uncirculated; 7 in Gem

Value Guide:

1972 Almanzar/Seppa: F: 1 VF: 1.50 XF: 2.25
2009 KM: VF: 2.50 XF: 5.50 UNC: 12
Current KM: VF: 11 XF: 22.50 UNC: 36

Almanzar/Seppa had a very slight premium on this coin, which is accurate. Values are raised from $12 to $36 in UNC in Krause. $12 was too low, and $36 is too high for a raw low-end Unc, but fair for a choice example. My pricing would be: VF/XF: $5-$10, XF/AU: $10-$20, certified MS 63-64: $30-$45, certified MS 65: $50-$80.

Mintage: 637,750

Auction Results:

Ebay 2/26/2011 Described as XF, but appears to be fully mint state $18 (WP)

Sedwick 6/28/2012 NGC MS 64 $57.82

Ebay 3/9/2013 Select to Gem UNC, dark toning $18.05 (WP)

Ebay 7/7/2013 VF/XF $20.50 (WP)

Ebay 8/16/2013 VF/XF $16.03 (WP-exact same coin as last auction)

Ebay 9/22/2013 XF+ $14.16 (WP)

Ebay 8/10/2014 PCGS 65 Toning $61.95 (I won, not the set specimen.)

Ebay 1/28/2015 NGC MS 62 $41.99

VCoins 2016 PCGS MS 65 Same coin as 8/10/14 $78 plus shipping (I sold it to a dealer who resold it online.)

Ebay 5/19/2016 Cleaned XF $7.99

Ebay 6/26/2016 XF+ $7.44

Ebay 1/24/2018 Good $8.99

Set Specimen:

This 1901 has a re-cut date, with the very visible base and serif of the under-numeral "1" appearing under the last "1" in the date. Perhaps they punched the numeral too low on first attempt.

Appealing creamy white luster covers both sides of this true Gem, with subtle golden highlights near the rim. Almost all "marks" are die lines or die chatter. Brighter than PCGS photos show; the darker spots on Liberty don't appear that way in hand. Tied with six other Gems at PCGS/NGC for finest graded.

Photo copyright PCGS

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