Peru 1785-L MI 2 reales
This specimen was lot 23059 in Stack's Bowers ANA Auction (Denver, CO, August 2017), where it sold for $998.75. The catalog description[1] noted, "PERU. 2 Reales, 1785-MI. Lima Mint. PCGS MS-64 Secure Holder. Bold strike with frosty luster and quite attractive." This specimen is one of a series struck 1772-89 during the reign of Charles III (1759-88). Later issues (1785-89) were struck with the silver fineness reduced to 896 thousandths. As a class, colonial coinage of Peru is much less plentiful than that of Mexico, tho it is more available than the remaining mints. However, Harris[2] noted finding about half as many Peruvian two reales of Charles III as that of Mexico, so it is safe to say that this type is common.
Recorded mintage: unknown.
Specification: 6.77 grams, 0.896 fine silver, .195 troy oz ASW.
Catalog reference: Cayón-11647, KM-76a.
- [2]Harris, Robert P., Pillars & Portraits, San José, CA: Bonanza Press, 1968.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 2, 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 Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
- [1]Ponterio, Richard, Kyle Ponterio and Chris Chatigny, The August 2017 Denver ANA Auction: Ancients, Selections from The Richard Stuart Collection & World Coins, Santa Ana, CA: Stack's Bowers LLC, 2017.
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