Mar 3, 2010

Chili 50 peso coins in circulation with country misspelled

Oops ... A Chilean 50 peso coin in Santiago, shows the name of the country misspelled as "chiie," rather than "Chile." More than a million of the coins were issued in 2008 and no one noticed until late last year.

The mint director was fired over the incident. Chances are the new mint director will use a spell check for any future coins.

Many of the misspelled coins are still in circulation although collectors are buying them up because they feel they are rare and will increase in value.

Ordinarily a 50 peso coin from Chile is worth about 10 cents