Peru 1702-L H 8 reales

Sedwick sale 34, lot 303

This specimen was lot 303 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, 1702 H. Choice example with full pillars-and-waves containing a bold date and both assayers in addition to mintmark, also good full cross with second mintmark and third assayer flanking and second date below, just off-center enough to show a full PHILIPPVS V in legend (with old scratch there), deeply toned but only minimally corroded. Recovered from: Association, sunk in 1707 off the Isles of Scilly, southwest of England." Cob eight reales were struck at the Lima mint 1701-46 for Philip V of Spain and became the "pieces of eight" of pirate lore. Specimens with legible dates bring triple those without. The fineness was lowered from 0.931 to 0.917 in 1728.

Recorded mintage: unknown.

Specification: 27.07 g, 0.931 fine silver, this specimen 25.90 grams.

Catalog reference: Cayón-9172, S-L15a; KM-34; Cal-1273.

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:

• 1701-L H 8 reales
• 1702 2 reales
• 1702 4 reales
• Bolivia 1702-P Y 8 reales
• Mexico 1702-Mo L 8 reales
• 1702 2 escudos
• 1702 4 escudos
• 1702 8 escudos
• 1703 8 reales
• Coins and currency dated 1702