Peru 1789-L IJ 8 reales KM 78a
This specimen was lot 5992 in Goldberg sale 72 (Los Angeles, February 2013), where it sold for $287.50. The catalog description noted, "Peru. 8 Reales, 1789-IJ (Lima). Charles III. Very scarce last year of issue. NGC graded About Uncirculated, Details (Surface Hairlines). The Victor Jaramillo Collection." This type was struck 1772-89 for Charles III and supplanted the pillar dollar. A slight debasement accompanied the design change. Later issues for 1789 were struck 1789-91 for Charles IV as a transitional type until hubs with the bust of Charles IV were available.
Recorded mintage: unknown.
Specification: 27.07 g, .896 fine silver, .786 troy oz ASW.
Catalog reference: Eliz-48; KM-78a.
- 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.