Peru 1731-L N 8 reales
This specimen was lot 694 in Sedwick Treasure Auction 39 (Winter Park, FL, May 2026), where it sold for $900. The catalog description[1] noted, "PERU, Lima, cob 8 reales, 1731 N, cross-of-five-dots at top, ex-Ugaz. Very bold full pillars (well centered), nearly full (oversized) cross, flat peripheries, lightly toned VF+. Pedigreed to the Jorge Ugaz Collection." Cob eight reales were struck at the Lima mint 1701-46 for Philip V of Spain and became the "pieces of eight" of pirate lore. Assayer Negron y Colmenares ("N") stamped his coins 1728-40. The cobs were debased from 0.931 to 0.917 fine in 1728.
Recorded mintage: unknown.
Specification: 27.07 g, 0.917 fine silver, this specimen 26.54 grams.
Catalog reference: Cayón-9332, S-L21; KM-34a; Cal-1305.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
- 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.
- [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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