Peru 1 reales 1751-1772 what dates do you tend to see the most show up for sale?

TheGoonies1985

I have only been following these for 9 months I would like to see what others that have years of following the market tend to have seen.

In a years time how many tend to come up for sale?

For me there have been close to 50% of the dates I have yet to see come up for sale.

ELuis

I saw the 1772 1R in early April - Did not buy it, because of this;

Have seen the 1754 & 1762 VF but holed.

TheGoonies1985

@ELuis said:
I saw the 1772 1R in early April - Did not buy it, because of this;

Have seen the 1754 & 1762 VF but holed.

Wish I had seen that 1772 would have sure tried to add it to my set.

SimonW

1757, 1758, 1761, 1753, 1759, not necessarily in that order

TheGoonies1985

So far for me it has been the 1761, 1767 & 1769. The 1769 is a rare coin and I have seen 3 in the last 8-9 months this includes the one I purchased for my set. All 3 were the rarity 2 type Yonaka. I have seen 2 of the 1761 and also 3 of the 1767 two of them I added to my collection (different varieties).

As for the most common date per Yonaka the 1757 I have only seen 1 so far the one I have for my collection.

SimonW

Well, there’s gonna be some difference based on your sample timeframe and the level of coins you’re looking at. I could get you a wonderful 1757 right now, it’s not cheap and it’s in the AU range. The ones I mentioned seem to appear in good condition and in quantities abundant enough to satisfy collectors. The 1769 and 1767 that you’ve seen don’t really meet that criteria. I’ve never even seen a 1769 without a hole or significant damage, but I’ve seen them offered in low/holed condition, they tend to languish on the market because most collectors don’t want a holed coin, myself included…there comes a point though, where I’ll buy them. If they’re impossible to find, I’ll take one with a hole.

TheGoonies1985

My 1769 1 real Peru grades about VG-10 to F-12 no hole. I paid 60$ for it on eBay about 5-6 months ago. I do not have any images but will ask a close family member to take some when he has a chance and I will post them here. I guess I got lucky. It is the R2 per Yonaka.

SimonW

Good for you! I think I did see one with a fair amount of damage somewhere, but nothing problem free. I’d be curious to see yours.

TheGoonies1985

@SimonW said:
Good for you! I think I did see one with a fair amount of damage somewhere, but nothing problem free. I’d be curious to see yours.

Will post it once I can get the images.

Eddi

You guys who know: how common or scarce is 1753 over 2 ? Does Brad Yonaka¨s book include this variety?

The Gilboy book says it is scarce.

TheGoonies1985

@Eddi said:
You guys who know: how common or scarce is 1753 over 2 ? Does Brad Yonaka¨s book include this variety?

The Gilboy book says it is scarce.

Great coin Yonaka has it as a rarity 2 (there are multiple varieties of this date). He observed only 3 examples.

Eddi

Thank you, @PillarDollarCollector. I take it that means it is not a common variety of the Lima 1R 1753.

TheGoonies1985

@Eddi said:
Thank you, @PillarDollarCollector. I take it that means it is not a common variety of the Lima 1R 1753.

No not common at all. And in the grade you have it I would say very rare to extremely rare.

Coinlover101

Alternatively which 3 dates do you guys think are the rarest ?

TheGoonies1985

@Coinlover101 said:
Alternatively which 3 dates do you guys think are the rarest ?

Top 5 based on Yonaka's book:

1751 considered unique possibly 2 exist
1766
1768
1772
1752 (could be rarer than the previous 3 based on only 424 minted maybe 10-20 still exist but for now will rank it 5th....Yonaka states having seen 4 examples)

Coinlover101

@PillarDollarCollector said:

@Coinlover101 said:
Alternatively which 3 dates do you guys think are the rarest ?

Top 5 based on Yonaka's book:

1751 considered unique possibly 2 exist
1766
1768
1772
1752 (could be rarer than the previous 3 based on only 424 minted maybe 10-20 still exist but for now will rank it 5th....Yonaka states having seen 4 examples)

Sounds like a short but tough series ... I like it

TheGoonies1985

@Coinlover101 said:

@PillarDollarCollector said:

@Coinlover101 said:
Alternatively which 3 dates do you guys think are the rarest ?

Top 5 based on Yonaka's book:

1751 considered unique possibly 2 exist
1766
1768
1772
1752 (could be rarer than the previous 3 based on only 424 minted maybe 10-20 still exist but for now will rank it 5th....Yonaka states having seen 4 examples)

Sounds like a short but tough series ... I like it

All 1/2 real to 4 reales series from Peru are tough. The 8 reales not so much a lot more were minted (85% to 90%+ of each years total were 8 reales). I simply collect only 1 reales.

Coinlover101

The Yonakas book seems to be as rare as the coins

TheGoonies1985

@Coinlover101 said:
The Yonakas book seems to be as rare as the coins

Contact him via e-mail and buy his PDF book for 15$-20$ (that is what I paid a few years back not sure if that is still his asking price). Will PM you his e-mail address. I own both but cannot sell the PDF version that is his author legal rights.

TheGoonies1985

Coinlover101 PM sent

Yes these books are not the easiest to find but are more than worth the money.

Keep in mind the rarity of the coins he gives are of coins he has seen himself. The reality is there are more likely out there of most dates and varieties. No one can say the exact number but his books give you a great insight of what coins are rarer than others. I use this and PCGS/NGC population reports and also the felling I get of what I have seen over the years. This is not some exact science. But MUCH better than having no compass of rarity.

And there also exist varieties he has not listed since he never saw them...I know because I own 3-4 that are not listed in his book. When I find one I send images his way in case he makes an updated book some day.

TheGoonies1985

@Coinlover101 said:
The Yonakas book seems to be as rare as the coins

The 1/2 real to 4 reales series from Peru and Guatemala minus the 8 reales are not series that many have ever completed if any truly have. We just enjoy collect them and their history. Could take someone 10+ years to do the Peru 1 reales not because of lack of money but lack of certain dates showing up. And that would simply be a date set not all varieties. The 1751 Peru 1 real is unique with possibly 2 known most do not consider it part of the series. I do because it is a date within the series even if I probably will never own the 1751. Yonaka states over 40% of these coins are holed. Some try to collect them without holes me personally I do not care I rather own a coin than not (holed or damaged).

WCC

I'd say 1753, 1754, and 1756 are the most available. I'd have to check Yonaka's reference to compare with his results. I've also seen these three the most in higher grades and own multiples of all three.

The 1767 and 1769 are definitely not common. I've seen 1767 more often.

SimonW

@WCC said:
I'd say 1753, 1754, and 1756 are the most available. I'd have to check Yonaka's reference to compare with his results. I've also seen these three the most in higher grades and own multiples of all three.

The 1767 and 1769 are definitely not common. I've seen 1767 more often.

I haven’t seen a 1754 that’s worth owning in the last three years. Only low grade, damaged and holed pieces. The other two I’ve seen a bunch.

WCC

@SimonW said:

@WCC said:
I'd say 1753, 1754, and 1756 are the most available. I'd have to check Yonaka's reference to compare with his results. I've also seen these three the most in higher grades and own multiples of all three.

The 1767 and 1769 are definitely not common. I've seen 1767 more often.

I haven’t seen a 1754 that’s worth owning in the last three years. Only low grade, damaged and holed pieces. The other two I’ve seen a bunch.

One of the 1754 I own is an MS-62 I bought from Heritage last March.

SimonW

@WCC said:

@SimonW said:

@WCC said:
I'd say 1753, 1754, and 1756 are the most available. I'd have to check Yonaka's reference to compare with his results. I've also seen these three the most in higher grades and own multiples of all three.

The 1767 and 1769 are definitely not common. I've seen 1767 more often.

I haven’t seen a 1754 that’s worth owning in the last three years. Only low grade, damaged and holed pieces. The other two I’ve seen a bunch.

One of the 1754 I own is an MS-62 I bought from Heritage last March.

Must have missed that one 🥴

TheGoonies1985

@PillarDollarCollector said:

@SimonW said:
Good for you! I think I did see one with a fair amount of damage somewhere, but nothing problem free. I’d be curious to see yours.

Will post it once I can get the images.

I took the images this evening will post them shortly SimonW. I mean of my 1769 Peru 1 real.

TheGoonies1985

Nice coins guys!!!

TheGoonies1985

Nice coins guys!!!

TheGoonies1985

@Coinlover101 said:

@PillarDollarCollector said:

@Coinlover101 said:
Alternatively which 3 dates do you guys think are the rarest ?

Top 5 based on Yonaka's book:

1751 considered unique possibly 2 exist
1766
1768
1772
1752 (could be rarer than the previous 3 based on only 424 minted maybe 10-20 still exist but for now will rank it 5th....Yonaka states having seen 4 examples)

Sounds like a short but tough series ... I like it

Happy to see you join us in collecting Latin American coins per your PM to me today and your first pick up (great looking coin) is a great looking Peru 1 real. Glad I could help you get into contact with Brad Yonaka to secure a copy of his book (still in the process). Enjoy the learning and know patience is key when collecting these series.

Members here that have been at it for over a decade like WCC or a few years (3-4) like SimonW are wells of knowledge. I am sure others here as well and we can learn a lot form their collecting years of these series. I am newer myself I have yet to even reach a full year of understanding the market on these coins (10 months total so far in my case and a few years when it comes to Mexico).

TheGoonies1985

Coinlover 101:

Feel free to share your beautiful Peru 1 real with us on the boards I am sure others would appreciate seen it as well.

Coinlover101

Thank you for your enthusiasm PDC. I will post the coin when I have it in hand and have taken my own photos.

Btw PM stands for Private Message just in case you were not sure. There are a variety of reasons why people send PM's instead of posting about it in the threads. No harm done but maybe useful for future reference.

TheGoonies1985

@Coinlover101 said:
Thank you for your enthusiasm PDC. I will post the coin when I have it in hand and have taken my own photos.

Btw PM stands for Private Message just in case you were not sure. There are a variety of reasons why people send PM's instead of posting about it in the threads. No harm done but maybe useful for future reference.

Agreed and sorry about that. I will know for next time and make sure it does not happen again. My enthusiasm got the best of me and if you prefer not posting your purchases I understand.