Watch List notes:

Lima, Peru, gold 20 soles, 1869/3 YB, NGC AU 55. KM-unl (194 for type); Fr-unl (70 for type). Struck from identical dies as the 1863 in the previous lot but with the last digit over-punched with a 9 (traces of the 3 still visible), once believed to be an error, as stated in the only reference to mention it (La Amonedacion En Oro De Las Cecas De Lima, Cuzco Y Potosi, by Pedro E. de la Puente Jeri [1994], "Error de cuno, es un ejemplar de 1863 con una falla que da la impresion que apareciera un 9 en vez de un 3"), but now known for certain to be a legitimate overdate and in fact represented by three pieces, the other two being an example permanently impounded in the Banco de Peru and an NGC MS 62 in private hands (previously sold as PCGS AU58, admittedly higher grade but with egregious flaws around the head of Liberty). (Note that NGC refers to both that coin and this one as 1863/9 for unknown reasons.) Further research shows that the Lima mint report (cuenta de hacienda) for 1869 mentions a small amount of gold minted (in addition to plenty of silver) but does not specify the denomination. The present example shows ample luster in a rich gold color, with minor bagmarks on both sides, an attractive piece and an incredible opportunity for the Peruvian specialist or trophy collector.

Estimate: $20000 - $30000