Peru 1738-L N real

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Aureo sale 261, lot 293
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. This specimen was lot 293 in Aureo y Calicó sale 261 (Barcelona, July 2014), where it sold for €1,200 (about US$1,925). The catalog description[1] noted,
"1738. Felipe V. Lima. N. 1 real. Redonda. Tipo ´real´. Perforación. Rarísima. MBC+. (Philip V (1700-46), one real of 1738, Lima mint, round 'royal' strike. Holed, extremely rare, very fine or better.)"

Recorded mintage: unknown.

Specification: 3.38 g, 0.917 silver, .099 oz ASW.

Catalog reference: Cayón-8532, KM-R31a; Cal. 1473.

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]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Subasta Pública 261, Barcelona: Aureo y Calicó Subastas, 2014.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.

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