07/07/2024

Why does the 1991 1 nuevo sol coin is worth 500 soles nowadays?

Martes 05 de Julio del 2022

A few months ago, a young Peruvian discovered on TikTok that the 1991 new sol coins have great value for collectors. We tell you!

Do you have it in your possession? Through the social network TikTok, a few months ago important information about the Peruvian 1 sol coin from 1991 went viral, where it was stated that the specimen would have a cost that impressed people. In this article, you will learn the details of why it costs so much.

It turns out that in July, a young Peruvian discovered that the 1991 1 sol coins are very valuable to collectors, which is why they can now cost up to 500 soles.

"We present one of the most sought-after coins by collectors. It is the coin of a new sol from the year 1991. This coin in this conservation state can reach between 80 and 100 soles, but in a higher state it can reach up to 500 soles," you can hear in the TikTok video.

But, what is the reason for the high value of this unique coin? It turns out that it was engraved and designed by Félix Díaz Paredes, who decided to stamp his signature on all the coins that circulated in that year.

TikTok: 1 sol coin could now cost 500 soles

They sell each 1991 1 sol coin on OLX for 250 soles. (Photo: OLX)

"It is valuable because the engraver and designer of the coin, whose name is Félix Díaz Paredes, stamped his signature on the bottom, where the laurel and oak branches are," the narration in the TikTok video concludes.

Currently, the clip has more than 500 thousand likes and thousands of comments, where you can appreciate the great astonishment that this discovery has generated. "I had several of those coins and I spent them on lollipops," said a user.

It should be noted that one must have coins in perfect condition, as if they were practically new. According to a report from 24 hours, a large number of people have tried to sell this type of 1 sol coins in recent days, but they have not been able to get 500 soles in exchange because they were quite deteriorated.

Would you like to learn about more 1 sol coins and their different values in the world of Numismatics? At Líbero, we have all the information that every coin collection enthusiast and researcher is looking for, check it out in our curiosities section.

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