Peru 1788-L IJ 8 escudos

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Sincona sale 9, lot 4803

This specimen was lot 4803 in Sincona sale 9 (Zürich, October 2012), where it sold for 1400 CHF (about US$1,771 including buyers' fees). The catalog description[1] noted,

"PERU Carlos III. 1759-1788. 8 Escudos 1788, Lima. IJ. Min. justiert. Sehr schön. (Peru, Charles III, 1759-88, eight escudos of 1788, Lima mint. A few adjustment marks, very fine.)"

This coin was minted in Lima, Peru, in 1788. It is one of a type struck 1772-89. The later issues (1785-89) are considered a separate subtype as the fineness was lowered from .901 to .875. Mintmaster IJ is listed for 1787-1804. This coin would have traded for US$15.50 before the Civil War.

Recorded mintage: unknown.

Specification: 27.07 g, 0.875 fine gold, .761 troy oz AGW, this specimen 26,96 g.

Catalog reference: Cayón-13001, KM-82.1a, C. T. 48, Fr-32.

Source:

  • 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 Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • [1]Numismatic Coins, Medals, Banknotes & Books: Auction 9, Zürich: SINCONA AG, 2012.

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