26

Mar 2012

26

Mar 2012

About the Chile 20 Peso Liberty Gold Coin

By StoneX Bullion

All You Need to Know about the Chile 20 Peso Liberty Gold Coin

Issued between 1926 and 1980 by the Chilean Mint, the Chile 20 Peso Liberty gold coin represents the subject of our present article. We will tell you everything there is to be known about this gold coin minted in Chile. So, whether you are an investor, a collector, a person who is just informing himself about world gold coins issued along the time, this article about the Chile 20 Peso Liberty gold coin should help you with whatever information you are searching for.

Concerning the characteristics of the Chile 20 Peso Liberty gold coin, what is to be said is that this particular Chilean gold coin is that it has a high purity of 90.00% which could also be expressed as 900/1000 purity, or 21.6 carats purity, whatever suits you best.

The gold weight used in manufacturing one Chile 20 Peso Liberty gold coin is of 3.66 grams or 0.4823 troy ounces of gold and the brut weight, meaning the weight of gold plus the weight of the metal compounding the alloy, is of 4.0679 grams. Another property conferred to the Chile 20 Peso Liberty gold coin by the issuing mint is the 18.5 mm diameter.

Design of the Chile 20 Peso Liberty Gold Coin

The Chile 20 Peso Liberty gold coin is considered a modern gold coin beginning with 1926 when it was first minted. The gold coin illustrated on our website was minted in 1961 as inscribed on the obverse of the 20 Pesos gold coin.

Concerning the depictions on the obverse and reverse, they are the same as in the case of the other two denominations that make up for the trio of Peso gold coins issued by the Chilean government, meaning the 100 and the 50 Peso Liberty gold coins.

The obverse depicts the laureate bust of a woman facing left, dressed in a tradition Chilean outfit. In an arch, above her head, it can be read the inscription REPUBLICA DE CHILE. On her dress it is illustrated the five pointed star which is also present on the reverse of the Chile 20 Peso Liberty gold coin.

However, on the reverse the star is present in the center of the shield. The shield is surrounded by two crowned animals. The reverse also presents the inscription 20 PS VEINTE PESOS and DOS CONDORES.

The Chile 20 Peso Liberty Gold Coin for Investors

What attracts investors to diversify their portfolios by trading gold is the fact that gold coins are free from taxes and also by investing into gold coins like the Chile 20 Peso Liberty gold coin they assure themselves of privacy concerning their choices of investment and their profit obtained from trading these means of investment.

Therefore, the Chile 20 Peso Liberty gold coin represents a great alternative for people wanting to trade gold. This is a fact more preponderant especially since gold has been preferred by so many people thanks to its intrinsic value that is continually increasing in these harsh financial times when a lot of uncertainty floats amongst people all over the world.

The Chile 20 Peso Liberty gold coin is available on our website and is priced according to the gold current price which fluctuates from day to day so the price shown on our website for this Chilean gold coin also changes constantly so choose with care the perfect time to trade it.

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