Peru 1846-L MB 8 reales

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from the Mountain Groan Collection
Peru 1846 8 reales rev 600.jpg

The specimen shown is one of a series struck at the Lima mint 1841-52. At this point, the branch mints Cuzco and Arequipa were winding down their operations after being very busy in the 1820's and 30's. The last Cuzco eight reales was issued in 1840 (KM 142.9) and the last Arequipa eight reales was in 1841 (KM 142.11, an extreme rarity). The Pasco mint was open and made an irregular issue of four reales 1843-57 (KM 151.4 thru KM 151.10). Even the later Lima issues are less prolific than the 1828-40 period, with the type shown valued about triple the price of the earlier issue.

This specimen was lot 17515 in Heritage sale 410 (Long Beach, June 2006), where it sold for $59. The catalog description[1] noted, "Republic 8 Reales 1846-MB Lima, XF with some luster, weakly struck centers and some small surface marks."

Recorded mintage: unknown. This date is priced about 50% higher than the commonest date (1843).

Specification: 27.07 g, .903 silver, .786 troy oz ASW.

Catalog reference: KM 142.10.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Tucker, Warren, and Scott Cordry, Heritage Signature Auction 410: World Coins, Dallas, TX: Heritage Auction Galleries, 2006.

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