^Lot 1916 PERU, Lima, 1 sol-sized silver medal, 1877, banknote incineration, NGC AU 55.

PERU, Lima, 1 sol-sized silver medal, 1877, banknote incineration, NGC AU 55. 37 mm. Obverse with REPUBLICA PERUANA above and LIMA below sunface; reverse with INCINERACION DE BILLETES DE BANCO in outer legend and SETIEMBRE / 30 DE / 1877 at center; smooth edge. Fascinating medal commemorating the burning of banknotes by the government under the Supreme Decree of August 17, 1877. Beautifully rainbow toned with vibrant color and plentiful luster all over.
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