Quintos - The 1/5 Sols of Peru
1907 FG

Obverse:

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Reverse:

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Coin Details

Origin/Country: PERU - DECIMAL
Item Description: 1/5S 1907 FG
Full Grade: NGC 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:

Like 1906, 1907 FG is a readily available date in all grades, featuring the largest reported mintage of the 1/5 Sol series.

Minor varieties:

1. Extra-large superscript o
2. Large superscript o
3. Large superscript o D/D in "DE" (FC)

Availability:
G-VF: Very common
XF-AU: Very common
60-62: Very common
63-64: Common
65-67: Common in Gem and 66, more difficult in 67 with only one graded

Population Report (Jan 2015):

NGC: One in 58; Three in 62; Two in 63; Two in 64; Five in 65; Five in 66; One in 67
PCGS: One in 64, Two in 65; Four in 64, Two in 65, One in 65+, One in 66
Total at both services: 24; 25 in Uncirculated; 15 in Gem of better

Value Guide:

1972 Almanzar/Seppa: F: .90 VF: 1.25 XF: 2.00
Current KM: VF: 13 XF: 22.50 UNC: 36

KM raised their prices massively across the board from a few years ago. The 2009 KM had this date at 3.25 in VF, 5.50 in XF, and 12 in UNC. Suprisingly, VF-XF coins do bring upwards of $10-$15 sometimes. The price for a low grade UNC should fall somewhere inbetween old and new prices, about $20. For a certified MS 64, expect to pay around $35, $50 for an MS 65, $60-70ish for an MS 66. KM really fails when they put the value of 1907 FG above that of the rarer 1907 JF. They've got it backwards.

Mintage: 1,370,000 - combined for both FG and JF

Auction Results:

Ebay 5/29/2011 PCGS MS 64 $23.49 (WP)
Ebay 9/19/2013 NGC MS 63 $23.02 (WP)
Ebay 11/5/2013 NGC MS 63 $89.00 (WP - Exact same coin from a few months earlier. No doubt a dealer bought it up and got their BIN price!)
Ebay 5/25/2014 NGC MS 64 $32 (WP)
If I remember correctly the PCGS MS 65+ was a toned example that went for near 100 on ebay in late 2014, by the same seller who got 900 for his MS 65 1903/1 that week

A surprising number of circulated coins of this date have sold for over $10 a piece. I'm not sure what to make of that.

Set Specimen:

Tied with 4 others at NGC and 2 at PCGS in 65, 8 better. Swirling original luster peeks through matte metallic grey toning. Clean surfaces, an original coin. Small die cracks on reverse. Adjustment marks at 9 on obverse? I have seen a 1907 in a 2008 heritage auction with adjustment-like marks along the entire bottom. Extra-large o.

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