Guatemala (1841) c/s 8 reales KM-117

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Stack's Bowers 2015 NYINC sale, lot 3922
Guatemala Stacks Jan15-3922r.jpg

This specimen was lot 3922 in Stack's-Bowers NYINC sale (New York, January 2015), where it sold for $176.25. The catalog description[1] noted, "GUATEMALA. 8 Reales, 1841. NGC EF-45. Type IV countermark (hinged dies) on a Peru 8 Reales 1826, Lima mint. Light toning." This specimen is a Peruvian eight reales counterstamped in Guatemala in 1840. It is a 'Type IV', meaning that the obverse stamp (three volcanos) and reverse stamp (five-pointed sun) were punched into the host together, thus did overlap. This particular method was used only in 1841. 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.

Recorded mintage: unknown.

Specification: 3.38 g, .896 silver, .097 troy oz ASW.

Catalog reference: KM-117.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • [1]Ponterio, Richard, The January 2015 NYINC Auction: Ancient Coins, World Coins & Paper Money, Featuring the John W. Adams and Ray Czabor Collections, Irvine, CA: Stack's Bowers LLC, 2014.

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