Guatemala 1737-G J 8 reales

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Sedwick Treasure auction 26, lot 287

This specimen was lot 287 in Sedwick Treasure Auction 26 (Winter Park, FL, November 2019), where it sold for $952. The catalog description[1] noted, "Guatemala, cob 8 reales, 1737J. Full date below full crowned globes and pillars, also full crown above shield on other side with clear assayer to left and denomination to right, darkly toned, minimal surface oxidation. Recovered from Reijgersdaal, sunk in 1747 off South Africa." 1733 was the first year the Guatemala mint struck coinage, having first applied for authorization from the Spanish crown in 1714. The machinery was brought from Mexico City, and had already seen much service. As a consequence of that, and the fact that in Guatemala there were few people skilled in striking coins, production of milled coins equivalent to those being produced at Mexico City was not economically feasible[2]. The endeavor was abandoned shortly thereafter and the mint began striking coins on irregular planchets without applying edge devices, thereby achieving an acceptable rate of production.

Recorded mintage: unknown.

Specification: 27.07 g, .917 fine silver, this specimen 26.52 g.

Catalog reference: S-G1; KM-6; CT-595, Cayón-9396.

Source:

  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 1, Madrid: Cayón-Jano S.L., 2005.
  • Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
  • [1]Sedwick, Daniel Frank, Augi Garcia and Cori Sedwick Downing, Treasure Auction 26, Winter Park, FL: Daniel Frank Sedwick LLC, 2019.
  • [2]Jara, Carlos M., Historia de la Casa de Moneda de Guatemala 1731-1776, Santiago, Chile: Andros Impresores, 2010.

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