Peru 1823-L JP 8 reales Peru Libre
This eight reales type was minted in Lima, Peru by the republicans during 1822-23. The mint was recaptured by the royalists and held by them until their final collapse in 1824. During that period, many of the "Peru Libre" pieces were counterstamped with a crown (KM 130). Attesting to the improvised nature of this issue is that nearly all survivors are weakly struck in the centers, and the specimen shown is typical.
The coin shown was lot 28871 and sold on Jan 11, 2011 for $195 at the 2011 January World & Ancient coins Non-Floor Session #3013 by Heritage Auctions. The catalog description reads: "Republic 8 Reales 1823-JP, VF30 ANACS, medium gray toning, small flan flaws as usual for this provisional issue."
Recorded mintage: unknown.
Specification: 25 g, .903 fine silver, .726 troy oz ASW.
Catalog reference: WR 14; Eliz 98; KM 136.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
- Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.