Dineros of Peru and their Antecedents
1893 TF

Obverse:

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Reverse:

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Coin Details

Origin/Country: PERU - DECIMAL
Item Description: DINERO 1893 TF
Full Grade: NGC MS 64
Owner: Forest City

Owner Comments:

1893 is the first year of the new design that lasted until 1903. LIBERTAD, which was excuse on the 1888-1892 Dineros is now incuse. "UN DINO" is now in a curved, instead of straight line.

The 1893 Dinero is a rare circumstance where the 1/2 Dinero of the same year is more rare (as is the 1893 1/5 Sol). That said, the 1893 Dinero is a difficult date, but not quite as imposing to find as the price in the catalog would lead one to believe. High grade circulated and mint state examples (usually raw) do pop up now and again. In Gem, though, it is very rare; I have not seen a true Gem. Only five total have been graded as mint state at the major services. 100 dollars for an MS 60 in Krause is a touch high.

No varieties are listed by Flatt or Krause. On some coins the "F" punch was deteriorating. I have seen one example with a re-punched date.

One in AU 58 at NGC, one each in 62 at PCGS/NGC, one in 63 at NGC, and two in 64 at NGC. NGC also has one AU details.

My 1893 is tied with one other in MS 64 for the top spot. It has dark purplish-brown toning which is a touch lighter on the reverse. There is very full rolling luster under the heavy toning on the obverse. A large die crack radiates from the bottom of the shield through the "8" in the date, and a smaller one features at 3 o'clock on the reverse. O/O in DINO. It would be interesting to see this coin dipped, but I prefer original toning.

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