1854 Chile 1 Peso Silver Coin Circulated (KM#129)

Own a genuine piece of Chilean history with this Authentic classic 1854 Chile 1 Peso silver coin. Struck during the early years of the Republic of Chile, this historic silver peso is highly sought after by world coin collectors and Latin American numismatists. The coin features the iconic coat of arms of Chile and is a key date in the early decimal series.

Perfect for collectors looking to add an authentic 19th-century South American silver coin to their collection, this circulated example carries the rich patina and character that only comes with age. The 1854 Chile 1 Peso remains one of the most recognizable silver coins from Chile's turbulent post-independence period.

Coin Specifications

• Year: 1854
• Country: Chile
• Denomination: 1 Peso
• Composition: 90% Silver, 10% Copper (.7234 oz ASW)
• Diameter: 37 mm
• Weight: 25 grams
• Edge: Reeded
• Mintage: 567,000 or possiblly 1,041,000 Conflicting reports.
• Catalog Reference: KM#129
• Grade: Circulated (varies by individual coin)

Historical Background

The 1854 Chile 1 Peso silver coin was minted shortly after Chile adopted its decimal monetary system in 1851. This design replaced the old colonial reales and escudos, marking a significant modernization of Chilean currency. The obverse displays a radiant five-pointed star within a shield, flanked by a huemul deer and a condor — symbols of Chilean independence and strength. The reverse features the denomination "1 PESO" surrounded by a laurel wreath and the date.

These coins circulated heavily during Chile's economic expansion in the mid-19th century, particularly during the California Gold Rush era when South American silver played a vital role in international trade. Today, well-preserved examples of the KM#129 are increasingly difficult to find, making this 1854 Chile silver peso a valuable addition to any serious collection of Latin American or world silver coins.

Each coin is guaranteed authentic and will ship in protective packaging. Condition will range from Good to Very Fine depending on availability.