Peru 1705-L H real
This specimen was lot 23054 in Stack's Bowers ANA Auction (Denver, CO, August 2017), where it sold for $646.25. The catalog description noted, "PERU. Real, 1705-H. Lima Mint. Philip V (1700-24). PCGS VF-25 Secure Holder. Good strike on a nice round flan with three readable dates. Toned and attractive. Much nicer than what is normally seen for this crudely struck type." Cob one reales were struck at the Lima mint 1701-46 for Philip V of Spain and became the "bits" of pirate lore. Specimens with legible dates bring triple those without. The fineness was lowered from 0.931 to 0.917 in 1725.
Recorded mintage: unknown.
Specification: 3.38 g, 0.931 silver, .101 oz ASW.
Catalog reference: Cayón-8340, KM-31.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 2, Madrid: Cayón-Jano S.L., 2005.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
- Ponterio, Richard, Kyle Ponterio and Chris Chatigny, The August 2017 Denver ANA Auction: Ancients, Selections from The Richard Stuart Collection & World Coins, Santa Ana, CA: Stack's Bowers LLC, 2017.