50 Chilean Peso Gold

50 Chilean Peso Gold: five cóndores from the Santiago mint

• Material / fineness: Gold in a ratio of 900/1,000; the rest of the alloy is copper, which makes the coin harder.
• Fine weight: 9.15 g of pure precious metal in a coin weighing 10.17 g.
• Motif: the coat of arms of Chile with the five-pointed star at its centre, accompanied by the inscription CINCO CONDORES (five condors).
• Manufacturer: the mint in Santiago de Chile, the country's capital.
• Condition: bank quality; these are used circulation coins.

Peso is the Spanish word for weight, and that is exactly what this coin is about: 9.15 g of fine gold, minted in Chile. The 50 pesos coin belongs to a series of Chilean gold coins from the 20th century, which also includes pieces of 20 and 100 pesos. Within this series it occupies the middle position and contains half as much fine gold as the large 100 pesos coin.

What the inscription CINCO CONDORES means

For a time, the cóndor was a currency unit of its own in Chile, worth 10 pesos. Five cóndores therefore make 50 pesos, and exactly this calculation appears on the coin as CINCO CONDORES. The name recalls the Andean condor that features in Chile's national coat of arms. In the course of the 20th century, the country changed the name of its currency several times: the peso was followed by the escudo, and later Chile returned to the peso. The gold coin thus preserves a piece of monetary history that you will no longer find in any wallet today.

Santiago de Chile and the La Moneda Palace

The coin was minted in Santiago de Chile, the capital, which is also home to the state mint. How closely the city is linked to coinage is shown by its best-known government building: the Palacio de La Moneda was built as a mint in the colonial era and still bears the word Moneda, Spanish for coin, in its name. Today it serves as the official seat of the Chilean president.

A medium denomination for your provision

With 9.15 g of fine gold, the coin sits between the small and the large pieces of the series and is well suited to building up gold holdings step by step. For your crisis protection, what counts is that gold has been recognised worldwide as a means of exchange for thousands of years and needs no issuer to vouch for its value. At the same time, gold is a proven inflation hedge: its quantity is limited, and its value does not depend on the promise of a central bank.

The coin is in bank quality condition; as a used circulation coin, it may show light signs of wear. You cannot choose the year. Investment gold such as this 50 pesos coin is exempt from VAT.

What speaks for the 50 pesos

1. Telling inscription: CINCO CONDORES links the coin to a currency unit that no longer exists today.
2. Chilean origin: minted in Santiago de Chile and adorned with the country's coat of arms.
3. Proven alloy: 900/1,000 gold with copper as a hardening addition, as in many historical gold coins.
4. Tangible asset: Gold that you can keep yourself and use individually when needed.

A name that means weight, and 9.15 g of gold to prove it.

Choose the 50 Chilean Peso Gold from Kettner Edelmetalle and add 9.15 g of fine gold from Santiago de Chile to your provision.