Peru 1809-L JP 8 reales

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Goldberg sale 46, lot 1170
photo courtesy Ira & Larry Goldberg
Jean Elsen sale 136, lot 1561
This specimen was lot 1170 in Goldberg sale 46 (Beverly Hills, May 2008), where it sold for $2,600. The catalog description[1] noted, "Peru. 8 Reales, 1809-JP (Lima). Ferdinand VII, 1808-1833. Large uniformed imaginary bust of Ferdinand right, with laurel wreath, wearing Order of Golden Fleece. Reverse: Crowned Bourbon arms, flanked by bannered pillars. Crisp portrait. Satiny luster; light smokey toning. NGC graded MS-61. Rulers all over Europe adopted the laurel wreath in imitation of the ancient Roman rulers. This was supposed to garner respect. Symbolism was of great importance considering the low literacy rates of the times." The second specimen was lot 1561 in Jean Elsen sale 136 (Brussels, March 2018), where it sold for €240 (about US$352 including buyer's fees). The catalog description[2] noted,
"PEROU, Ferdinand VII (1808-1821), AR 8 reales, 1809JP, Lima. Patine foncée. Très Beau. (Peru, Ferdinand VII, 1808-21, silver eight reales of 1809, Lima mint. Nice toning, very fine.)"

Recorded mintage: 4,197,000 (mostly KM 106.2)

Specification: 27.07 g, .896 fine silver, .780 troy oz ASW.

Catalog reference: Eliz-74a; WR-11; KM 106.1, C.C.T. 465.

Source:

  • [1]Goldberg, Ira, and Larry Goldberg, Goldberg Sale 46: the Millenia Collection, Beverly Hills, CA: Ira and Larry Goldberg Auctioneers, 2008.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.
  • Raymond, Wayte, The Silver Dollars of North and South America, 2nd Ed., Racine, WI: Whitman Publishing, 1964.
  • [2]Elsen, Philippe, et al., Vente Publique 136: Collection Martiny, Collection Nef, Collection Casterman, Brussels: Jean Elsen et ses Fils, S.A., 2018.

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