Peru 1714-L M 8 reales

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Goldberg sale 72, lot 5949
Peru 1714 8 reales rev Goldberg 72-5949.jpg

This specimen was lot 5949 in Goldberg sale 72 (Los Angeles, February 2013), where it sold for $1,064. The catalog description[1] noted, "Peru. 8 Reales, 1714-M (Lima). Philip V. About Very Fine. The Victor Jaramillo Collection." Cob eight reales were struck at the Lima mint 1701-46 for Philip V of Spain and became the "pieces of eight" of pirate lore. Specimens with legible dates bring triple those without. The fineness was lowered from .931 to .917 in 1725.

Recorded mintage: unknown.

Specification: 27.07 g, .931 fine silver, .810 troy oz ASW.

Catalog reference: Cayón-9249, KM-34; Calbeto-289 v.

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.
  • [1]Ira and Larry Goldberg, Goldberg sale 72: The Pre-Long Beach Auction, Los Angeles, CA: Goldberg Coins & Collectibles, 2013.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.

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