Peru 1856-L MB 2 Reales

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Sedwick sale 12, lot 1632

This specimen was lot 1632 in Sedwick sale 12 (Winter Park, FL, October 2012), where it sold for $442.50. The catalog description[1] noted, "Lima, Peru, 2 reales, 1856MB, encapsulated NGC MS 62, finest (and only) known specimen graded by NGC. Deep rainbow-toning at rims with underlying luster, good strike." This specimen is one of a series struck 1840-56 at the Lima mint. The date is listed in the SCWC as fairly common, tho all Peruvian minors are scarcer in nice condition than the catalog values would indicate. Assayer MB is recorded for 1838-56. It was legal tender in the United States until 1857 for 25¢.

Recorded mintage: unknown but reasonably common.

Specification: 6.77 g, .903 silver, .145 troy oz ASW.

Catalog reference: KM-141.3.

Source:

  • Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Sedwick, Daniel F., Augi Garcia and Cori Sedwick Downing, Treasure Auction #12, Winter Park, FL: Daniel Frank Sedwick, LLC, 2012.

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