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, cob 2 reales, *-ii to left, P-•D to right. Lima, Peru, cob 2 reales, *-ii to left, P-•D to right. Full shield and cross, the latter slightly weak in center with light surface corrosion (yet not salvaged), lightly toned AVF. f110902161001 $185
Lima, Peru, cob 1 real, (*)-I to left, P-oD to right. Lima, Peru, cob 1 real, (*)-I to left, P-oD to right. Broad, round flan with full inner details and most of crown and legend, but all slightly doubled, VF with brownish toning all over. f080903101002 $125

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Lima, Peru, cob 1 real, 1686R. Lima, Peru, cob 1 real, 1686R. Roundish coin with full but weak cross and pillars, 2 dates (full 1686 in legend), Fine with patchy toning. f040904191038 $40
Lima, Peru, cob 1 real, 1694M. Lima, Peru, cob 1 real, 1694M. Nearly full cross and pillars, flatness at edge, Fine with patchy toning but decent contrast, 2 dates. f110903025053 $50
Lima, Peru, cob 1 real, 1705H, 3 dates. Lima, Peru, cob 1 real, 1705H, 3 dates. Nearly full and well-centered cross and pillars, 3 dates, just worn (VG+). f110903025042 $60

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Lima, Peru, cob ½ real, 1704. Lima, Peru, cob ½ real, 1704. Pitted from salvage (probably Rimac River), with full monogram, clear date, most of cross. f030913021002 $40
Lima, Peru, cob ½ real, 1720. Lima, Peru, cob ½ real, 1720. Bold 20 of date in center plus 0 of date below cross, otherwise crude and lightly corroded from salvage (probably Rimac River). f030913021005 $45
Lima, Peru, cob ½ real, 1720. Lima, Peru, cob ½ real, 1720. Bold 20 of date in center plus 0 of date below cross, otherwise crude and lightly corroded from salvage (probably Rimac River). f030913021005 $45
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 ½ real, 1730. Lima, Peru, cob ½ real, 1730. Big flan with bold date in center, somewhat worn and crude (About Fine or so). f030913021007 $45
Lima, Peru, cob ½ real, 1741V. Lima, Peru, cob ½ real, 1741V. Full but flat monogram with L to left, V to right and 741 below, most of cross with second V to right, darkly toned and lightly pitted from salvage (probably Rimac River). f030913021004 $45

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Lima, Peru, cob ½ real, (175)0( R ), very rare error struck from 1E die. Lima, Peru, cob ½ real, (175)0( R ), very rare error struck from 1E die. Clear but off-center castle (the telltale sign of this famous one-year error), most of cross (oversized), salvaged (as all of them are) and thin but technically decent grade (VF), lightly toned. f070807310007 $395

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