A Peru 1 Libra (Gold) contains 0.2354 troy oz of pure gold, worth $940.98 at today's spot price.
The libra is Peru's gold pound, made to the same standard as the British sovereign. The Lima Mint struck it from 1898 to 1930 and in small numbers from 1959 to 1969.
Melt values use these spot prices (US dollars):
- Gold $3,996.90 per troy oz Current quote · Quote time Oct 24, 11:09 PM EDT
Some prices could not be refreshed recently and may be out of date.
Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.
Specifications
| Years | 1898–1969 |
|---|---|
| Face value | 1 Libra |
| Composition | 91.67% gold |
| Gross weight | 7.988 g |
| Fineness | .9167 (91.67%) |
| Pure metal | 0.2354 troy oz (7.323 g) |
How the melt value is worked out
Melt value is the pure gold in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.
-
7.988 g × .9167 fine ÷ 31.1035 g per troy oz = 0.2354 troy oz
0.2354 troy oz × $3,996.90 spot = $940.98
How to identify it
- One side shows a Native Peruvian head facing right, often called the Indian head, with VERDAD I JUSTICIA above and UNA LIBRA below.
- The other side shows the coat of arms of Peru with REPUBLICA PERUANA, LIMA and the date.
- Many dates carry small assayer initials, such as RF or GG.
- The half libra and fifth libra share the design but are smaller.
Melt value vs. collector value
Common dates such as 1917 trade close to melt. Several dates were struck in small numbers, including the 1959–1969 coins, and can be worth well above their gold.