Peru 1764-L JM 4 reales
This specimen is one of a series struck 1760-72 during the reign of Charles III (1759-88). No varieties are noted for the date. As a class, pillar coinage of Peru is much less plentiful than that of Mexico, tho it is more available than the remaining mints. Harris encountered about one-third as many Peru pillar four reales of Charles III as that of Mexico; Gilboy assigns the date an R3 rating (two dozen or less known to exist) and even the commonest date (1772) is called "scarce." Despite this, the SCWC prices this type lower than four reales of Mexico or Bolivia.
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: 13.54 grams, .917 fine silver, .399 troy oz ASW.
Catalog reference: Cayón-11705, Gilboy L-4-15, KM 63.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
- Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
- Gilboy, Frank F., The Milled Columnarios of Central and South America: Spanish American Pillar Coinage, 1732 to 1772, Regina, Saskatchewan: Prairie Wind Publishing, 1999.
- Yonaka, Brad, A Variety Guide to the Pillar Coinage of the Guatemala, Bogota, Lima, Potosi, and Santiago Mints, 1752-1771, Long Beach, CA: Agorocu Consulting, 2018.
- Harris, Robert P., Pillars & Portraits, San José, CA: Bonanza Press, 1968.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.