Lima Cob Coins , shield type Diego de La torre , star of lima, 8 reales

 

SILVER COBS OF LIMA, PERU, 1568-1752

The Lima mint, as far as cobs are concerned, was sporadic, and as a result we do not see as many cobs from this mint as from Mexico or Potosí. In the beginning Lima made pillars-type "pre-cobs" like the Mexican Charles-Joanna coins, but that ended after only a couple years. Then in 1577 a shield-type design was mass-produced by assayer Diego de la Torre, whose design work was exemplary, making these shield-type cobs some of the most highly sought of all cob issues. By 1589 de la Torre's work was done and it was not till 1659 that the Viceroy of Peru ended his mint's hiatus (but without royal authorization) with a brief "Star of Lima" issue of unique design. Finally in 1684 the Lima mint reopened for good and imitated the pillars-and-waves issues of Potosí until the new machine-made "pillar dollars" were mandated there in 1752.

 

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 Description Item# Price

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Lima, Peru, 1 real, Philip II, R to right (Rincon), motto as (PL)-VS-TR, first coinage of South America. Lima, Peru, 1 real, Philip II, R to right (Rincon), motto as (PL)-VS-TR, first coinage of South America. Typically round and thin, with small edge-split, with most of shield and one full pillar (off-center) but otherwise flat, Fine overall, rare motto that is missing in Sellschopp. f081103401001 $90
Lima, Peru, 1/4 real, Philip II, assayer Rincon, very rare, first coinage of South America. Broad flan with clear details but about 1/5 of the edge in one place corroded away as from salvage (probably Rimac River), nicely toned, good opportunity to get a 4-figure rarity for under $500. Lima, Peru, 1/4 real, Philip II, assayer Rincon, very rare, first coinage of South America. Broad flan with clear details but about 1/5 of the edge in one place corroded away as from salvage (probably Rimac River), nicely toned, good opportunity to get a 4-figure rarity for under $500. f111119031001 $495
Lima, Peru, cob 2 reales, Philip II, assayer Diego de la Torre, *-ii to left, P-dot-D to right. Lima, Peru, cob 2 reales, Philip II, assayer Diego de la Torre, *-ii to left, P-dot-D to right. Very broad, round, thin flan with nice full cross and shield, much legend, just lightly corroded all over as from unidentified salvage (probably Rimac River) but with contrasting toning. d011123021003 $195
Lima, Peru, cob 1/2 real, Philip II, assayer Diego de la Torre, * below, dot-D to right of monogram. Lima, Peru, cob 1/2 real, Philip II, assayer Diego de la Torre, * below, dot-D to right of monogram. Broad, thin flan with full but doubled and partially flat interiors, full crown, much legend (including commas and HISPANIARVM with H), toned AVF. f071003169003 $165

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Lima, Peru, cob 2 reales, 1685R. Lima, Peru, cob 8 reales, 1689V, choice. Super details and beautifully toned, with full pillars-and-waves, full but slightly off-center cross (with old scratch near edge), 1-1/2 dates and 3 assayers, AXF. f111103449002 $895

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Lima, Peru, cob 2 reales, 1723(N). Lima, Peru, cob 2 reales, 1723(N). Bold date over full waves, most of cross (slightly doubled), deeply toned and somewhat crude but no worse than Fine for actual wear. f071103387005 $95

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Lima, Peru, cob 1 real, 1705H. Lima, Peru, cob 1 real, 1705H. Full pillars-and-waves, full but off-center cross, 3 clear assayers, slightly porous Fine with dark toning. f081118151020 $90
Lima, Peru, cob 1 real, 1717M. Lima, Peru, cob 1 real, 1717M. Curious lemon shape, 2 bold dates, nearly full cross and pillars, AVF with light porosity and dark toning. f081118151019 $90

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Lima, Peru, cob 1/2 real, 1703H. Lima, Peru, cob 1/2 real, 1703H. Full but off-center monogram with assayer to right and date below, most of cross, lightly corroded all over as from salvage (probably Rimac River). f111016111004 $55
Lima, Peru, cob ½ real, 1709. Lima, Peru, cob ½ real, 1709. Bold date, nearly full monogram and cross, lightly corroded as from salvage (probably Rimac River). f120903052002 $55
Lima, Peru, cob 1/2 real, 1718. Lima, Peru, cob 1/2 real, 1718. Full monogram, bold date, well-centered cross, slightly porous Fine. f081116111032 $55
Lima, Peru, cob ½ real, 1723. Lima, Peru, cob ½ real, 1723. Full monogram, 2 dates, Fine with tan sediment in crevices, not much contrast. f030913021006 $45
Lima, Peru, cob 1/2 real, 1725, Louis I, rare. Lima, Peru, cob 1/2 real, 1725, Louis I, rare. Bold full date and monogram (off-center) and cross, smallish flan, AVF or so with light encrustation. f011118151003 $95

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Lima, Peru, cob 1/2 real, (175)0( R ), extremely rare variety with 1E obverse die (castle). Lima, Peru, cob 1/2 real, (175)0( R ), extremely rare variety with 1E obverse die (castle). For one year only, 1750, the Lima mint either experimented with or erroneously muled a 1-escudo die on the obverse of some 1/2R, of which only a handful are known, all salvaged like this one, which shows a clear but off-center castle above the very top of the final digit of the date, oversized but well-centered cross on other side, thin but not overly corroded, toned on fields. f070807310007 $350

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