Peru 1751-L R 8 reales

Sedwick sale 34, lot 725

This specimen was lot 725 in Sedwick sale 34 (Winter Park, FL, November 2023), where it sold for $1,200. The catalog description^[1] noted, "Lima, Peru, cob 8 reales, 1751 R, rare. Typically chunky and flat near edge but with bold full date between pillars and most of cross with clear assayer to right, very lightly toned Fine+." Cob eight reales were struck at the Lima mint 1747-51 for Ferdinand VI of Spain and became the "pieces of eight" of pirate lore. Specimens with legible dates bring triple those without. Assayer "R" is listed for 1749-51. Milled gold coinage appeared in 1751, milled silver coinage the following year.

Recorded mintage: unknown.

Specification: 27.07 g, 0.931 fine silver, this specimen 26.98 grams.

Catalog reference: Cayón-10564, S-L23; KM-44; Cal-449.

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.
• ^[1]Sedwick, Daniel Frank, Augi Garcia, Cori Sedwick Downing and Connor Falk, Treasure Auction 34, World, U.S Coins and Paper Money, Winter Park, FL: Daniel Frank Sedwick LLC, 2023.

Link to:

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• Guatemala 1751-G J 8 reales
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• 1751 escudo
• 1751 2 escudos
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• 1752 cob 8 reales
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• Coins and currency dated 1751