© Heritage Auctions
© Heritage Auctions
8 Reales - Charles III Colonial Milled Coinage
| Silver (.917) | 27.0674 g | - |
| Issuer | Peru |
|---|---|
| King | Charles III (1759-1788) |
| Type | Standard circulation coin |
| Years | 1769-1772 |
| Value | 8 Reales |
| Currency | Real (1568-1858) |
| Composition | Silver (.917) |
| Weight | 27.0674 g |
| Shape | Round |
| Technique | Milled |
| Demonetized | Yes |
| Updated | 2024-10-07 |
| Numista | N#46610 |
|---|---|
| Rarity index | 85% |
Reverse
Spanish crowned coat of arms, surrounded by king's name and title, assayer's initials on left, face value in number on right.
Script: Latin
Lettering:
✤ CAROLUS • III • D • G • HISPAN • ETIND • REX
JM 8
Unabridged legend:
Carolus III, Dei Gratia Hispania et Indie Rex
José Rodríguez Carasa - Manuel Iglesias Abarca 8 Reales
Translation: Charles 3rd, Spain and India's king
Comment
Variants:
KM# 64.1: with dot above “L” on mintmarks
KM# 64.2: with dots above “L” on left mintmark only
KM# 64.3: without dots above mintmarks
Interesting fact
One interesting fact about the 8 Reales - Charles III (Colonial Milled Coinage) 1769-1772 from Peru is that it was one of the first coins to feature a milled edge, which was a new technology at the time that helped to prevent counterfeiting. The milled edge was created by cutting grooves into the edge of the coin using a machine, which made it difficult for counterfeiters to produce fake coins that looked authentic. This innovation helped to increase the security and trustworthiness of the coinage system in Peru and paved the way for the use of milled edges on coins in other countries.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| 1770 LMJM | - | - | - | - | - | - | |
| 1771 LMJM | - | - | - | - | - | - | |
| 1772 LMJM | - | - | - | - | - | - |
Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 8 Reales - Charles III (Colonial Milled Coinage) 1769-1772 coin.
