Guatemala 1765-G P 8 reales

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Heritage sale 3030, lot 24417
Guatemala 1765 8 reales rev H3030-24417.jpg

This specimen was lot 24417 in Heritage sale 3030 (New York, January 2014), where it sold for $5,581.25. The catalog description[1] noted, "Carlos III Pillar 8 Reales 1765 G-P, AU50 NGC. Some luster remaining, particularly on the pillar side, and well struck. Light adjustment marks and weakness on the shield, but beautiful old golden toning. 147,050 pieces minted. A wonderful specimen of the key date to complete the Guatemala Charles III 8 Reales series. The only date missing in the Patterson group (Bonhams 7/1996). Amat's specimen was an ugly Fine, while Haberthuer was almost Extremely fine. Described as the second finest specimen by Freeman Craig when sold by him to I. Rudman, and that statement might well remain accurate. Note that Sedwick recently sold a VF specimen of this rarity (10/2013, lot 327) for $3500. A prize of the I. Rudman collection and worthy of serious bidding. Ex. Freeman Craig (5/1984, lot 358 for $2600); previously ex. Calbeto (his plate coin) and ex. Ray Johnson. From The Isaac Rudman Collection of Guatemala Coins." While Guatemala pillar dollars are scarce compared to the issues of Mexico City or Potosi, they are available for a price. The four and eight reales from this mint are more common than the smaller denominations.

Recorded mintage: 183,728.

Specification: 27.07 g, 0.917 fine silver, 0.798 troy oz ASW.

Catalog reference: KM 18, Cal-93, Gilboy G-8-14.

Source:

  • 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]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3030, featuring the RLM Collection, the Isaac Rudman Collection, the Hans Cook Collection and the Collection of Donald E. Bently, Dallas, TX: Heritage Auction Galleries, 2013.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.

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