Guatemala (1840) c/s 8 reales KM-120.2

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GUA ND-1840cm PER-1834-8R-obv (2).JPG
GUA ND-1840cm PER-1834-8R-rev (2).JPG
closeup of obverse counterstamp
closeup of reverse counterstamp
Jean Elsen sale 117, lot 1872
Guatemala c1840 8 reales cm rev JElsen 117-1872.jpg

The first specimen is a foreign crown counterstamped in Guatemala in 1840. It is a 'Type III', meaning that the obverse stamp (three volcanos) and reverse stamp (five-pointed sun) were punched into the host separately, thus did not overlap. This particular method was used only in 1840. Foreign crowns were counterstamped from 1839-1841, during a time at which the Central American Republic was in a state of collapse and the country of Guatemala was emerging as an independent entity. Neither the silver nor the minting capacity was available to locally produce large denomination silver coins until 1859. The host is a Peru 1834 8 reales, assayers MM (KM 142.3).

The second specimen was lot 1872 in Jean Elsen sale 117 (Brussels, June 2013), where it sold for €160 (about US$252 including buyer's fees). The catalog description[1] noted,
"GUATEMALA, République (1839- ), AR 8 reales, s.d. (1840), Type III. Droit: Contremarque: soleil levant sur trois montagnes. Revers: Contremarque: soleil dans une étoile. Sur une 8 reales 1826 de Lima. Très Beau. (Guatemala, silver eight reales, type III countermark of 1840. Obverse countermark: sun rising over three mountains; reverse countermark: sun within a star. On a Lima eight reales of 1826, very fine.)"

Recorded mintage: unknown.

Specification: 27.07 g, 0.903 silver, 0.786 troy oz ASW.

Catalog reference: first specimen KM 120.3, second specimen KM 120.2.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • [1]Elsen, Philippe, Vente Publique 117: Collection Jean-Jacques Symoens, Brussels: Jean Elsen et ses fils, S.A., 2013.

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