Peru 1734-L N 8 reales
This specimen was lot 697 in Sedwick Treasure Auction 39 (Winter Park, FL, May 2026), where it sold for $1,560. The catalog description[1] noted, "PERU, Lima, cob 8 reales, 1734 N, cross-of-five-dots at top, ex-Ugaz, Calbetó Plate. Choice full pillars-and-waves and cross-lions-castles in VF+ grade (light scuff below bottom-right castle), deeply toned, with bold date, two assayers, and three mintmarks, flat peripheries, scarce date. Pedigreed to the Jorge Ugaz Collection and the Schulman auction of June 1958, also Plate Coin 310 in Calbetó's book Compendio de las piezas de ocho reales (1970)." 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 26.77 grams.
Catalog reference: Cayón-9375, S-L21; KM-34a; Cal-1308.
- 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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