Guatemala 1762-G P real

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from the Acanthite collection
from the Acanthite collection

Shown is a 1762 one real from the Guatemala mint, of a type issued 1760-1771. All pillar coinage from Guatemala is scarce and many issues are rare. Gilboy[1] notes this date as "R2" or "very rare". This particular coin is the more common variety, in which there is a pellet after ET IND. Unlike the other colonial mints, Guatemala seems to have issued more four reales than any other denomination. Gilboy marks the half, one and two reales as "rare" and the eight reales as "scarce" to "normal." None are marked as common. Guatemala issues are notably cruder than other mints as evidenced by the filled letters.

In 1741, the Mexico City mint revised the shield side of design to allow the crown to interrupt the legend; this was never done in Guatemala.

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: 3.38 g, 0.917 fine silver, 0.099 troy oz ASW.

Catalog reference: G-1-11, KM 16.

Sources:

  • 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: Cayón9-Jano S.L., 2005.
  • [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.

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