Cryptic crossword clue
Close friend losing mate – it had value in Lima once 4

The most common and most likely answer to this crossword clue is the 4 letter word INTI

I
N
T
I


Buddy explains!

The straight part
We know that "it had value in Lima onc" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case it had value in lima onc = inti.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does INTI mean?

INTI noun
  1. The currency of Peru between 1985 and 1991, replacing the sol.

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