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2026-05-12T18:39:47Z

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[[Image:Sedwick 39-1877o.jpg|300px|thumb|Sedwick Treasure Auction 39, lot 1877]]
[[Image:Sedwick 39-1877r.jpg|300px|thumb]]

This specimen was lot 1877 in Sedwick Treasure Auction 39 (Winter Park, FL, May 2026), where it sold for $114. The catalog description<sup>[1]</sup> noted, "[[Peru|PERU]], Lima, cob 1 real, 1724 M, rare, ex-Ugaz. Apparently a rare date (first we have offered in over 14 years) with clear 724 showing between off-center pillars, partial cross with flat peripheries, light surface scuffs. Pedigreed to the Jorge Ugaz Collection." This type was struck 1701-28 for the Bourbon king Philip V, with an interruption in 1725 for the short reign of his son Luis I. Assayer Melgarejo ("M") stamped his coins 1709-27. In 1728, the cobs were debased from 0.931 fine to 0.917 fine silver.

''Recorded mintage:'' unknown.

''Specification:'' 3.38 g, 0.931 fine silver, this specimen 2.45 grams.

''Catalog reference:'' [[Spanish and Spanish colonial coins listed by Cayón number|Cayón-8425]], S-L20; KM-31; Cal-406.

''[[Bibliography|Source:]]''
* 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 Felipe VI, 1474 a 2020,'' Barcelona: Aureo & Calicó, 2019.
* Menzel, Sewall, ''Cobs, Pieces of Eight and Treasure Coins'', New York: The American Numismatic Society, 2004.
* Michael, Thomas, ''Standard Catalog of World Coins, 1701-1800, 7th ed.,'' Iola, WI: Krause Publications, 2016.
* <sup>[1]</sup>Sedwick, Daniel Frank, Augi Garcia, Cori Sedwick Downing, Connor Falk and Sarah Sproles, ''Auction 39, World, U.S Coins and Paper Money, featuring the Jorge Ugaz Collection of Lima Silver Cob 2 Reales and the Darby Collection of Guatemala Silver Cobs,'' Winter Park, FL: Daniel Frank Sedwick LLC, 2026.

''Links to:''
* [[Peru 1723-L M real|1723 real]]
* [[Peru 1724-L M 2 reales|1724 2 reales]]
* [[Peru 1724-L M 4 reales|1724 4 reales]]
* [[Peru 1724-L M 8 reales|1724 8 reales]]
* [[Peru 1724-L M escudo|1724 escudo]]
* [[Peru 1724-L M 8 escudos|1724 8 escudos]]
* [[Peru 1725-L M real|1725 real, Luis I]]
* [[Coins and currency dated 1724]]

[[Category:Selections from Sedwick sale 39]][[Category:Cob coinage of Latin America and Spain]]

Peru 1724-L M real - Revision history

LatinKing2020: Created page with "Sedwick Treasure Auction 39, lot 1877 thumb This specimen was lot 1877 in Sedwick Treasure Auc..."