Peru 1757-L JM real
This specimen was lot 9947 in Ponterio sale 151 (Baltimore, November 2009), where it sold for $270.25. The catalog description noted, "PERU. Real, 1757-JM. Lightly cleaned, sharply struck ALMOST UNCIRCULATED." This type was struck 1751-60 for king Ferdinand VI. As a class, pillar coinage of Peru is much less plentiful than that of Mexico, tho it is more available than the remaining mints.
Mexican numismatists hotly debate which side of the coin constitutes the obverse. Gilboy depicts the shield side as the obverse as that side bears the king's name. However, auction catalogs and dealer listings more frequently use the pillars and globes side as the obverse, as that side bears the date.
Recorded mintage: unknown.
Specification: 3.38 g, .917 fine silver, .100 troy oz ASW.
Catalog reference: KM-52; Gilboy L-1-7.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 1, Madrid: Cayón9-Jano S.L., 2005.
- Gilboy, Frank F., The Milled Columnarios of Central and South America: Spanish American Pillar Coinage, 1732 to 1772, Regina, Saskatchewan: Prairie Wind Publishing, 1999.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
- Ponterio, Richard, and Kent Ponterio, Ponterio sale 151: The 2009 Baltimore Auction, Irvine, CA: Bowers and Merena, 2009.