Peru 1739-L V real
This specimen was lot 1888 in Sedwick Treasure Auction 39 (Winter Park, FL, May 2026), where it sold for $180. The catalog description[1] noted, "PERU, Lima, cob 1 real, 1739 V, ex-Ugaz. AVF with typical crude edges, partial date between pillars and clear second date below bold cross, dark sedimentation in the fields with hairlines from past cleaning. Pedigreed to the Jorge Ugaz Collection." This type was struck 1729-47 for the Bourbon king Philip V. Assayer de Vargas ("V") stamped his coins 1739-48 altho assayer N is also known for 1739. In 1728, the cobs were debased from 0.931 fine to 0.917 fine silver. In 1732, the Mexico City mint began its transition to milled coinage, a process Lima would not undertake until 1751.
Recorded mintage: unknown.
Specification: 3.38 g, 0.917 fine silver, this specimen 3.39 grams.
Catalog reference: Cayón-8539, S-L22; KM-31a; Cal-421.
- 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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