Peru 1831-L MM 8 reales
This specimen was lot 22183 in Heritage Auctions sale 3005 (Long Beach, May 2009), where it sold for $299. The catalog description noted, "Republic 8 Reales 1831-MM Lima, MS62 NGC, lovely old-time toning with a superb reverse. This piece ...[was] discovered last year in a wall in Europe." The white bumps shown in the photos are the plastic tabs on NGC's new holder. This type was struck at Lima 1828-40 and at Cuzco 1830-35 and is the most common; the complete span of Peru standing liberty eight reales runs 1825-55. Assayer JM is also recorded for 1831 but is much rarer.
Recorded mintage: unknown.
Specification: 27.07 g, .903 fine silver, .786 troy oz ASW.
Catalog reference: KM 142.3.
- Tucker, Warren and Scott Cordry, Heritage Signature Auction 3005: World Coins, Dallas, TX: Heritage Auction Galleries, 2009.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
- Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.