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Forgotten Cities – Machu Picchu 1 oz Silver Coin

The Machu Picchu 1 oz silver coin is the first coin issued in the Forgotten Cities coin series by the New Zealand Mint. Mintage of the coin will be limited to 2,000 coins.

Machu Picchu 1

Machu Picchu 2

The Machu Picchu 1 oz silver coin depicts Machu Picchu, a forgotten city that was built by the Incas deep in the mountains of Peru around 1450 A.D. It is also known as Machu Pikchu. The city, which was built for Emperor Pachacuti, is hidden away no less than 2,430 meters (7,970 ft) above sea level on a small hilltop between the Urubamba Valley (Sacred Valley of the Incas) and the Andean Mountain Range in the Machupicchu District in Peru.

Machu Picchu 4

The city, which is a UNESCO World Heritage Site today, became one of the forgotten cities when it was abandoned at the time of the Spanish Conquest, a 100 years after it was built. It was slowly lost to memory on account of its hidden location and for other reasons. The Spanish conquerors never discovered it, but the local people knew about the city. It is said that many years later American historian Professor Hiram Bingham became the first Western scholar to see this forgotten city (or what remained of it). This happened when he was led up a steep mountainside by a Peruvian guide on a cold day in 1911.

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Source of Photos: New Zealand Mint

Machu Picchu, one of the New Seven Wonders of the World, is a popular tourist attraction today. Restoration work continues today, despite the fact that 30% of it was restored by 1976. In fact, it remains an ongoing challenge to preserve Machu Picchu. Both the weather and a too large number of tourists are having a detrimental effect on its preservation, although one could argue that without tourism, it is highly unlikely that the site would be restored. Despite all the ongoing restoration work and work already done, many mysteries surrounding Machu Picchu remain unresolved and by large lost to history.

Why should you be interested in this coin?

First coin in Forgotten Cities coin series

Highly limited (2,000 coins)

Proof strike

Three nines fine silver (99.9% pure silver)

Specs

Metal: 1 Troy oz of 99.9% pure silver

Finish: Proof

Diameter: 40mm

Edge: Milled

Denomination: $2

Year of Issue: 2015

Mintage: 2,000

Be sure to get more information here.