(sold for $18.0)

1823, Peru (Republic). Scarce Copper 1/8 Peso (Octavo De) Coin. aXF!

Mint Year: 1823
Mint Place: Lima
Condition: About XF!
Reference: KM-137 ($125 in XF!)
Denomination: 1/8 Peso (Octavo De)
Material: Copper
Diameter: 27mm
Weight: 7.64gm

Obverse: Illuminated sun beneath clouds above Peruvian landscape with mountains in background, cap of freedom (phrygian cap) on a stick and a lama in foreground.

Reverse: Value (QUARTE DE PESO) surrounded by legend.
Legend: REPUBLICA PERUANA . LM (LIMAE monogram) . V . 1823 .

Peru declared its independence in 1821 and the city of Cusco maintained its importance within the administrative structure of the of the country. Upon independence, the Department of Cusco was created and at the time maintained authority over territory extending to the Brazilian border. The city of Cusco was made capital of the department and subsequently became the most important city in the south-eastern Andean region.