Guatemala 1769-G P 4 reales
Shown is a 1769 four reales from the Guatemala mint, of a type issued 1760-71. All pillar coinage from Guatemala is scarce and many issues are rare. Gilboy notes this date as "N" or "normal," indicating that it is fairly available. Assayer "P" is noted for the years 1759-85. 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.
Mexican numismatists hotly debate which side of the coin constitutes the obverse. Gilboy 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: 13.53 g, .917 fine silver, .399 troy oz ASW.
Catalog reference: G-4-18, KM 26.
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