Peru 1780-L MJ 8 reales

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Stack's Bowers 2021 ANA sale, lot 41256
SB821-41256r.jpg

This specimen was lot 41256 in Stack's Bowers ANA sale (Costa Mesa, CA, August 2021), where it sold for $1,680. The catalog description[1] noted, "PERU. 8 Reales, 1780-LM MJ. Lima Mint. Charles III. NGC MS-62. . The finest of seven graded for the date at NGC, with only one other even attaining Mint State status (MS-60), this argent specimen dazzles with a good deal of brilliance and fairly clean fields. For completeness, a die crack is noted in front of the king's bust, as well as one running through a portion of the obverse legend. Ex: Ponterio 148 (1/2009) Lot # 1939." This type was struck 1772-89 for Charles III and supplanted the pillar dollar. A slight debasement accompanied the design change. Assayer MJ is recorded for 1773-80.

Recorded mintage: unknown but in the millions.

Specification: 27.07 g, 0.903 fine silver.

Catalog reference: KM-78, Cayón-12071.

Source:

  • Harris, Robert P., Pillars & Portraits, San José, CA: Bonanza Press, 1968.
  • 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, vol. 1, 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.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The August 2021 ANA sale: World and Ancient Coins, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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