Peru 1786-L MI 8 reales

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Peru 1786 8 reales Aureo 238-0154g.jpg
This specimen was lot 154 in Aureo & Calicó sale 238 (Barcelona, November 2011), where it sold for 140 euro (about US$222 including buyer's fees). The catalog description[2] noted,
"1786. Lima. MI. 8 reales. Atractiva. EBC-/EBC (eight reales of 1786, Lima mint. Attractive extremely fine.)"
This type was struck 1772-89 for Charles III and supplanted the pillar dollar. A slight debasement accompanied the design change. Assayer MI is recorded for 1780-87.

Recorded mintage: 2,767,000.

Specification: 27.07 g, .896 fine silver, .780 troy oz ASW.

Catalog reference: Cal. 869, KM 78a.

Sources:

  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [2]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Subasta Colleción Leunda, Barcelona: Aureo & Calicó Subastas Numismáticas, 2011.

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