Peru 1849-L MB 8 reales

Stack's Bowers February 2023 Collector's Choice sale, lot 72353

This specimen was lot 72353 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, February 2023), where it sold for $312. The catalog description^[1] noted, "PERU. 8 Reales, 1849-LIMA MB. Lima Mint. NGC VF-20. An elusive date in the series, with signs of a clear underlying date, this charming and original 8 Reales delivers steely gray surfaces and wonderful details throughout. A problem free specimen that should fill the hole in the collection of any specialist." This type was struck 1841-52. the branch mints Cuzco and Arequipa were winding down their operations after being very busy in the 1820's and 30's. The last Cuzco 8 reales was issued in 1840 (KM 142.9) and the last Arequipa 8 reales was in 1841 (KM 142.11, an extreme rarity). The last eight reales struck in Peru was issued in 1857. The 1849 is a very scarce date.

Recorded mintage: unknown.

Specification: 27.07 g, 0.903 fine silver.

Catalog reference: KM-142.10.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
• Raymond, Wayte, The Silver Dollars of North and South America, 2nd Ed., Racine, WI: Whitman Publishing, 1964.
• ^[1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, February 2023 World Collectors Choice Online Auction, featuring the David Sterling Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.

Link to:

• 1848 8 reales
• 1849 4 reales
• 1850 8 reales
• Coins and currency dated 1849