Peru 1850-L MB 8 reales

Stack's Bowers February 2023 Collector's Choice sale, lot 72354

This specimen was lot 72354 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, 1850-LIMA MB. Lima Mint. NGC EF-40. Variety with roped edge. A wholesome and problem free example, this problem free specimen yields much retained beauty and even circulation on the high elements of the design. A SCARCER later date 8 Reales that is certain to please." 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 Lima was issued in 1857. The 1850 is a better date and the roped edge is a scarce variety.

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:

• 1849 8 reales
• 1850 ¼ real
• 1850 ½ real
• 1850 real
• 1850-L 2 reales
• 1850 4 reales
• 1850 ½ escudo
• 1850 2 escudos
• 1850 4 escudos
• 1851 8 reales
• Coins and currency dated 1850