Peru 1727-L M real
This specimen was lot 752 in Sedwick Treasure Auction 39 (Winter Park, FL, May 2026), where it sold for $288. The catalog description[1] noted, "PERU, Lima, cob 1 real, 1727 M, ex-Ugaz. Bold date and assayer within pillars, good full cross, nice but porous VF with slightly crude edge (as made), contrasting toning. Pedigreed to the Jorge Ugaz Collection." This type was struck 1701-28 for the Bourbon king Philip V, with an interruption in 1725 for the short reign of his son Luis I. Assayer Melgarejo ("M") stamped his coins 1709-27. In 1728, the cobs were debased from 0.931 fine to 0.917 fine silver.
Recorded mintage: unknown.
Specification: 3.38 g, 0.931 fine silver, this specimen 2.82 grams.
Catalog reference: Cayón-8445, S-L20b; KM-31; Cal-408.
- 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 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 39, 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, 2026.
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