Guatemala 1759-G P 2 reales

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Sedwick sale 9, lot 1601

This type was struck 1754-60 at Guatemala. After the earthquake of 1776 leveled the town, production resumed at the new site in 1779 with a new mintmark, "NG". This specimen was lot 1601 in Sedwick sale 9 (Winter Park, FL, April 2011), where it sold for $523.25. The catalog description[1] noted, "Guatemala, pillar 2 reales, Ferdinand VI, 1759P. Deeply toned VF for type, slightly crude strike as usual."

Mexican numismatists hotly debate which side of the coin constitutes the obverse. Gilboy[2] depicts the shield side as the obverse as that side bears the king's name. However, auction catalogs and dealer listings more frequently use the pillars and globes side as the obverse, as that side bears the date.

Recorded mintage: unknown.

Specification: 6.77 g, .917 fine silver, .199 troy oz AGW, this specimen 6.5 grams.

Catalog reference: KM-20; CT-465.

Source:

  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [1]Sedwick, Daniel F., Augi Garcia and Cori Sedwick Downing, Treasure Auction #9, Winter Park, FL: Daniel Frank Sedwick, LLC, 2011.
  • [2]Gilboy, Frank F., The Milled Columnarios of Central and South America: Spanish American Pillar Coinage, 1732 to 1772, Regina, Saskatchewan: Prairie Wind Publishing, 1999.

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