The E-Sylum:  Volume 8, Number 38, September 4, 2005, Article 11

LONGACRE'S CHILEAN CONNECTION

Regarding my question from last week, R. W. Julian
writes: "The story of the Longacre connection with Chile
is detailed in the May 31, 1988, issue of World Coin News.
The chief engraver and A.C. Paquet prepared new master
dies for the coinage of that country."

Roger deWardt Lane writes: "I only know about dime size
coins, but there are my notes:

My e-book – Modern Dime Size Silver Coins of the World,
lists three Chilean coin types designed by James Barton
Longacre and Anthony C. Paquget.

1867-1880 UN DECIMO 900 fine Y-15a Km-136.2
1879-1894 UN DECIMO .500 fine Y-15b Km-136.3
1981 one year type UN DECIMO Y-15c Km-136.3a

My footnotes mention the coinage change of 1879 and
at the same time War with Bolivia and Peru, over guano.

In Chile, under a nominal bimetallism, which before 1873
over valued gold, internal conditions led to a suspension of
specie payments in 1878. In the 1890’s it attempted to adopt
the gold standard. The subsidiary coinage was reduced in
1879 from the 15.5 to 1 ratio to 0.500 fineness to make the
coinage safe from the melting pot. The year 1880 un decimo
was struck in both standards; a mintage of 242,723 in .900
fine and a larger mintage of 704,848 marked 0.5 for .500
fineness. Silver Money, D.Leavens, Bloomington,Ind. 1939."

  Wayne Homren, Editor

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