Guatemala 1760-G P 2 reales

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Ponterio sale 154, lot 8469
photo courtesy Ponterio & Associates

Shown is a 1760 two reales from the Guatemala mint, of a type issued 1760-1771. It was lot 8469 in Ponterio sale 154 (Baltimore, June 2010), where it sold for $1,380. Gilboy[1] notes this date as 'S2' or scarce. This issue is very rare in nice condition; this specimen could well be the finest known.

Mexican numismatists hotly debate which side of the coin constitutes the obverse. Gilboy[1] 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, 0.917 fine silver, 0.1995 oz ASW.

Catalog reference: G-2-8, KM 25.

Sources:

  • [1]Gilboy, Frank F., The Milled Columnarios of Central and South America: Spanish American Pillar Coinage, 1732 to 1772, Regina, Saskatchewan: Prairie Wind Publishing, 1999.
  • Yonaka, Brad, A Variety Guide to the Pillar Coinage of the Guatemala, Bogota, Lima, Potosi, and Santiago Mints, 1752-1771, Long Beach, CA: Agorocu Consulting, 2018.
  • Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Eighteenth Century 1701-1800, Iola, WI: Krause Publications, 2002.
  • Harris, Robert P., Pillars & Portraits, San José, CA: Bonanza Press, 1968.
  • Robinson, Charles, The Coins of Central America, 1733-1965, San Benito, TX: 1965.
  • Ponterio, Richard, Ponterio sale 154: The June Baltimore Auction, Irvine, CA: Bowers and Merena, 2010.

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