Peru 1824-L JM 8 reales

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Aureo sale 238, lot 201
This specimen was lot 201 in Aureo & Calicó sale 238 (Barcelona, November 2011), where it sold for 650 euro (about US$1,031 including buyer's fees). The catalog description[1] noted,
"1824. Lima. JM. 8 reales. Busto pequeño. Rayita. Tipo raro, y más en esta conservación. EBC. (eight reales of 1824, Lima mint, small bust, tiny scratch [in obverse], rare type in this grade, extremely fine.)"
This type was struck 1811-24 for Ferdinand VII and is common. Assayer JM is recorded for 1824-31. No colonial eight reales were struck in 1822, the republicans having seized the mint and used it to strike the "Peru Libre" type. As a result of the disruptions, this date is scarce, bordering on rare.

Recorded mintage: unknown but quite scarce.

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

Catalog reference: Cal. 491, KM 117.1.

Sources:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • [1]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Subasta Colleción Leunda, Barcelona: Aureo & Calicó Subastas Numismáticas, 2011.

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