Peru 1714-L M 2 reales

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Sedwick Treasure Auction 38, lot 688
Sedwick 38-0688r.jpg

This specimen was lot 688 in Sedwick Treasure Auction 38 (Winter Park, FL, November 2025), where it sold for $2,160. The catalog description[1] noted, "PERU, Lima, cob 2 reales Royal (galano), 1714/3 M, extremely rare, ex-Santa Rosa de Lima. Perfectly round as shaved around edge, with choice full interior details, some legend, nicely toned VF with tiny hole at very edge near left end of cross, possibly unique as we have no record of another. Pedigreed to the Jorge Ugaz Collection of Lima Silver Cob 2 Reales and to the Santa Rosa de Lima Collection (Sedwick Auction 18, lot 573)." In 1684, the regime in Madrid finally permitted the viceroy to reopen the Lima mint on a permanent basis and two reales of this type were struck 1701-28. Assayer Melgarejo is reported for 1712-27. Specimens with legible dates are scarce. The mintage of gold commenced in 1696.

Recorded mintage: unknown.

Specification: 6.77 g, 0.931 fine silver, this specimen 4.68 grams.

Catalog reference: Cayón-8662 (overdate), S-L20; KM-R32 (unlisted date); Cal-695.

Source:

  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 1, Madrid: Cayón-Jano S.L., 2005.
  • Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Felipe VI, 1474 a 2020, Barcelona: Aureo & Calicó, 2019.
  • Menzel, Sewall, Cobs, Pieces of Eight and Treasure Coins, New York: The American Numismatic Society, 2004.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [1]Sedwick, Daniel Frank, Augi Garcia, Cori Sedwick Downing, Connor Falk and Sarah Sproles, Auction 38, World, U.S Coins and Paper Money, featuring the Jorge Ugaz Collection of Lima Silver Cob 2 Reales and the Darby Collection of Guatemala Silver Cobs, Winter Park, FL: Daniel Frank Sedwick LLC, 2025.

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