Peru 1716-L M real
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This specimen was lot 74623 in Stack's Bowers Collectors Choice sale (Costa Mesa, CA, October 2025), where it sold for $168. The catalog description[1] noted, "PERU. Cob Real, 1716-L M. Lima Mint. Philip V. PCGS VF-30. From the Richard August Collection." This type was struck 1701-28 for Philip V with an interruption in 1725 for the short reign of Luis I. Assayer M stamped his coins 1709-27. In 1728, the cobs were debased from 0.931 fine to 0.917 fine silver. The Mexico City mint was converted to milled coinage in 1732-34 but Lima would not follow suit until 1751.
Recorded mintage: unknown.
Specification: 3.38 g, 0.931 fine silver, this specimen 3.14 g.
Catalog reference: Cayón-8389, KM-31; Cal-397.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, 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 Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
- 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]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, October 2025 World Collectors Choice Online Auction, featuring the Kirk Menczer Collection of Republican Decimal Minors and the Richard August Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2025.
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