Peru 1772-L JM real
This type was struck 1760-1772 for king Carlos III. Those dated 1772 are rare according to Gilboy. There are no reported varieties. As a class, pillar coinage of Peru is much less plentiful than that of Mexico, though it is more available than the remaining mints. Only issues struck from 1769-1772 have an imperial crown utop the left pillar.
Mexican numismatists hotly debate which side of the coin constitutes the obverse. Gilboy depicts the shield side as the obverse as that side bears the king's name. However, auction catalogs and dealer listings more frequently use the pillars and globes side as the obverse, as that side bears the date.
Recorded mintage: unknown.
Specification: 3.38 g, 0.917 fine silver, 0.100 troy oz ASW.
Catalog reference: KM-52; Gilboy L-1-24.
- Gilboy, Frank F., The Milled Columnarios of Central and South America: Spanish American Pillar Coinage, 1732 to 1772, Regina, Saskatchewan: Prairie Wind Publishing, 1999.
- Harris, Robert P., Pillars & Portraits, San José, CA: Bonanza Press, 1968.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.