Peru 1855-L MB 5 centimos KM-Pn9

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Stack's Bowers September 2024 Collector's Choice sale, lot 73522
SB924-73522r.jpg

This specimen was lot 73522 in Stack's Bowers Collectors Choice sale (Costa Mesa, CA, September 2024), where it sold for $2,280. The catalog description[1] noted, "PERU. Silver 5 Centimos Pattern, 1855-MB. Philadelphia Mint. NGC PROOF-35. Despite its circulated status, this example remains a VERY RARE instance of the denomination in pattern form, and stands, along with the other pattern issues of 1855, as among the first foreign coins struck at a U.S. mint." This pattern, made while Peru was organizing the switch to decimal coinage, was not adopted. The standing liberty design was used on a medio real of 1858 but when the medio dinero was adopted in 1863, a seated liberty was used instead.

Recorded mintage: unknown.

Specification: 1.25 g, 0.900 fine silver.

Catalog reference: KM-Pn9.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, September 2024 World Collectors Choice Online Auction, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2024.

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