Dineros of Peru and their Antecedents
1902/897 JF

Obverse:

Enlarge

Reverse:

Enlarge

Coin Details

Origin/Country: PERU - DECIMAL
Item Description: DINERO 1902/897 JF
Full Grade: NGC MS 63
Owner: Forest City

Owner Comments:

The 1902 Dinero is undervalued; one of the harder 20th Century Dineros to find in mint state. Although Uncirculated examples can be found with patience and there are certainly a few nice raw mint state examples that have not been slabbed. I have not seen a Gem coin, raw or certified. No Dineros were struck in 1901. As with the 1900, matrices from the 1890's were used to strike these coins, leading to a plethora of overdates. See the 1900 Dinero discussion for more detail.

Flatt lists a 90/89 and a 902/892. Krause lists a plain date, 1902/1, 1902/891, 1902/892, and 1902/897. The catalog values all the overdates at the "common" 20th Century Dinero price point with a $10.25 price premium for the plain date. All values should be the same, and raised above "common" levels. While all coins should theoretically be overdates, I have seen a couple that may not have an overdate. Most overdates appear to be 1902/892, with a few 1902/897. I have not seen the 1902/1 or 1902/891.

One in MS 61 at NGC, one in MS 62 at NGC, one in MS 63 at NGC (1902/897), two in MS 64 at PCGS (one is 1902/892). Only five total graded, none in Gem or better.

The set specimen is the third-finest graded, with two better at PCGS in MS 64. Choice for the grade, with ample luster. Though graded as a 1902/897, I now believe this is a 1902/892. It's my own fault, as at the time of submission I believed it was a 1902/897 and wrote that on the submission papers.

To follow or send a message to this user,
please log in