Peru 1850-L MB 8 reales
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.
- 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.
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