Peru 1789-L IJ 8 reales KM 87

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Aureo sale 238, lot 159

This specimen was lot 159 in Aureo & Calicó sale 238 (Barcelona, November 2011), where it sold for 800 euro (about US$1,269 including buyer's fees). The catalog description[1] noted,

"1789. Lima. IJ. 8 reales. Busto de Carlos III. Ordinal IV. Resello oval del Banco de Inglaterra realizado en 1797 para circular como 4 chelines y 9 peniques. Preciosa pátina. Muy rara y más así. EBC (eight reales of 1789, Lima mint, bust of Charles III with the ordinal of Charles IV, with Bank of England counterstamp. Outstanding toning, very rare, extremely fine.)"

This type was struck 1789-91 for Charles IV as a transitional type until hubs with the bust of Charles IV were available. This host coin with the Bank of England counterstamp is listed as KM 637 under Great Britain. Assayer IJ is recorded for 1787-1803.

Recorded mintage: 3,467,000.

Specification: 27.07 g, 0.896 fine silver, .780 troy oz ASW.

Catalog reference: Cayón-13826, Cal. 873, KM 87 (host coin), KM 637 (with counterstamp).

Sources:

  • 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.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [1]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Subasta Colleción Leunda, Barcelona: Aureo & Calicó Subastas Numismáticas, 2011.

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