Difference between revisions of "Peru 1739-L V 2 reales"

Latest revision as of 11:59, 25 August 2025

Sedwick Treasure auction 26, lot 448

This specimen was lot 448 in Sedwick Treasure Auction 26 (Winter Park, FL, November 2019), where it sold for $357. The catalog description^[1] noted, "Lima, Peru, cob 2 reales, 1739/8N. Typically crude (unevenly thick) but high grade (XF), with nice light toning, full 739/8 between pillars and bold (AN)O 7 in legend, two partial assayers but both clearly N and not V." Despite pleas from locals in Lima for a mint, Spanish authorities preferred to concentrate coinage production at Potosi in Upper Peru. The mint was shuttered multiple times by orders from Spain, not to reopen permanently until 1684. Cob two reales were struck at the Lima mint 1701-46 for Philip V of Spain and became the "two bits" of pirate lore. The fineness was lowered from 0.931 to 0.917 in 1728. The Mexico City mint was converted to milled coinage in 1732-34 but Lima would not follow suit until 1751.

Recorded mintage: unknown.

Specification: 6.77 g, 0.917 fine silver, this specimen 6.88 g.

Catalog reference: S-L21; KM-unlisted (32a for type); CT-unlisted, Cayón-8875 (assayer V).

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, vol. 1, 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.
^[1]Sedwick, Daniel Frank, Augi Garcia and Cori Sedwick Downing, Treasure Auction 26, Winter Park, FL: Daniel Frank Sedwick LLC, 2019.

Link to:

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-[[Image:Peru Sed26-448.jpg|700px|thumb|Sedwick Treasure auction 26, lot 448]]
+[[Image:Peru Sed26-448.jpg|600px|thumb|Sedwick Treasure auction 26, lot 448]]
-This specimen was lot 448 in Sedwick Treasure Auction 26 (Winter Park, FL, November 2019), where it sold for $357. The catalog description<sup>[1]</sup> noted, "Lima, [[Peru]], cob 2 reales, 1739/8N. Typically crude (unevenly thick) but high grade (XF), with nice light toning, full 739/8 between pillars and bold (AN)O 7 in legend, two partial assayers but both clearly N and not V." Despite pleas from locals in Lima for a mint, Spanish authorities preferred to concentrate coinage production at Potosi in Upper Peru. The mint was shuttered multiple times by orders from Spain, not to reopen permanently until 1684. Cob two reales were struck at the Lima mint 1701-46 for Philip V of Spain and became the "two bits" of pirate lore. The fineness was lowered from 0.931 to 0.917 in 1725. The Mexico City mint was converted to milled coinage in 1732-34 but Lima would not follow suit until 1751.
+This specimen was lot 448 in Sedwick Treasure Auction 26 (Winter Park, FL, November 2019), where it sold for $357. The catalog description<sup>[1]</sup> noted, "Lima, [[Peru]], cob 2 reales, 1739/8N. Typically crude (unevenly thick) but high grade (XF), with nice light toning, full 739/8 between pillars and bold (AN)O 7 in legend, two partial assayers but both clearly N and not V." Despite pleas from locals in Lima for a mint, Spanish authorities preferred to concentrate coinage production at Potosi in Upper Peru. The mint was shuttered multiple times by orders from Spain, not to reopen permanently until 1684. Cob two reales were struck at the Lima mint 1701-46 for Philip V of Spain and became the "two bits" of pirate lore. The fineness was lowered from 0.931 to 0.917 in 1728. The Mexico City mint was converted to milled coinage in 1732-34 but Lima would not follow suit until 1751.
 ''Recorded mintage:'' unknown.
-''Specification:'' 6.77 g, .917 fine silver, this specimen 6.88 g.
+''Specification:'' 6.77 g, 0.917 fine silver, this specimen 6.88 g.
 ''Catalog reference:'' S-L21; KM-unlisted (32a for type); CT-unlisted, [[Spanish and Spanish colonial coins listed by Cayón number|Cayón-8875]] (assayer V).
 ''[[Bibliography|Source:]]''
-* Cuhaj, George S., and Thomas Michael, ''Standard Catalog of World Coins, 1601-1700, 6th ed.,'' Iola, WI: Krause Publications, 2014.
 * 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, vol. 1,'' 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.
+* 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.
 * <sup>[1]</sup>Sedwick, Daniel Frank, Augi Garcia and Cori Sedwick Downing, ''Treasure Auction 26'', Winter Park, FL: Daniel Frank Sedwick LLC, 2019.
 ''Link to:''
-* [[Peru 1726-L M 2 reales|1726 2 reales]]
+* [[Peru 1734-L N 2 reales|1734 2 reales]]
+* [[Peru 1739-L V 4 reales|1739 4 reales]]
 * [[Peru 1739-L V 8 reales|1739 8 reales]]
+* [[Peru 1739-L V escudo|1739 escudo]]
 * [[Peru 1739-L V 4 escudos|1739 4 escudos]]
 * [[Peru 1739-L V 8 escudos|1739-V 8 escudos]]
 * [[Peru 1739-L N 8 escudos|1739-N 8 escudos]]
-* [[Peru 1748-L V 2 reales|1748 2 reales]]
+* [[Peru 1740-L V 2 reales|1740 2 reales]]
 * [[Coins and currency dated 1739]]
 [[Category:Selections from Sedwick sale 26]][[Category:Cob coinage of Latin America and Spain]]

Difference between revisions of "Peru 1739-L V 2 reales"

Latest revision as of 11:59, 25 August 2025

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