Peru 1694-L M real

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Aureo sale 261, lot 260
This specimen was lot 260 in Aureo y Calico sale 261 (Barcelona, July 2014), where it sold for €160 (about US$257 including buyer's fees). The catalog description[1] noted,
"1694. Carlos II. Lima. M. 1 real. Doble fecha. Acuñación algo floja. (MBC+). (Charles II (1665-1700), one real of 1694, Lima mint. Two dates, slightly weak strike, very fine or better.)"
This specimen is one of a series struck in Lima late in the reign of Charles II (1664-1700). It is a one real of the cob type, which means it was produced from an irregular chunk of silver by hammering. This was the manner of production for all Spanish colonial coinage in Lima up until the introduction of milled planchets in 1752. The obverse of the coin features a cross with the symbols for Castile and Leon. Above the cross is the number I, denoting the denomination. To the left is L for Lima, and the assayer initial M is to the right. On the reverse, the pillars and waves motif forms the structure of the design, and the denomination appears again at the top. The mintmark is shown twice (10 and 4 o'clock), and the last two digits of the date (94) are shown under PLV SVL TRA. The assayer initial M shows at 2 and 7 o'clock. The mintmark and assayer are featured multiple times to make sure at least one would be legible, even on a botched strike.

Reported Mintage: unknown.

Specification: 3.38 g, .931 fine silver.

Catalog reference: Cayón no. 7289, Cal. 685, KM 20.

Source:

  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 1, Madrid: Cayón-Jano S.L., 2005.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1601-1700, 6th ed., Iola, WI: Krause Publications, 2014.
  • [1]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Subasta Pública 261, Barcelona: Aureo y Calicó Subastas, 2014.

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