Lot 1174
Peru - Republic. 8 Reales, 1822 JP (Lima). WR-14; Eliz-98; KM-136. 27.16 grams. Arms in shield, supported by eagle and alpaca, flags and palm behind. Reverse: Justice and Virtue stand flanking bannered column. Quite decent strike, with especially clean surfaces. Fine, even medium toning. Vibrant cartwheel luster.
The first crown for Independent Peru. This being one of the finest known examples. NGC graded MS-63.
Peru's independence was proclaimed in 1821, but the revolution dragged on until 1824. Spain did not want to relinquish this profitable colony, and actually made additional attempts to retake it. It was not until 1879 that Spain officially recognized Peru's independence. This crown is known as the Peru libre (free Peru), type. A tough coin to find this choice.
Estimated Value $2,500 - 3,000.
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| Realized $3,680 |
