Guatemala 1772-G P 8 reales

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Heritage sale 3029, lot 30729
Guatemala 1772 8 reales rev H3029-30729.jpg

This specimen was lot 30729 in Heritage sale 3029 (New York, January 2014), where it sold for $1,762.50. The catalog description[1] noted, "Carlos III 8 Reales 1772-P, XF45 NGC. A fully original coin with aged patina and excellent eye appeal. The obverse shows some light handling on the bust while the reverse is virtually blemish-free. This is the first date of the bust style coinage for Guatemala and is highly elusive in all grades. To find an example in XF is most unexpected." Shown is a 1772 eight reales from the Guatemala mint, of a type issued 1772-73. For Guatemala, the bust dollars of Charles III are considerably rarer than the pillar dollars and the first two years, with mintmark "G," are scarcer than the later dates with mintmark "NG." Guatemala issues are notably cruder than other mints.

Recorded mintage: unknown.

Specification: 27.07 g, .917 fine silver, .798 troy oz ASW.

Catalog reference: Eliz-26; KM-36.1; CT-823.

Sources:

  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 2, Madrid: Cayón9-Jano S.L., 2005.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [1]Bierrenbach, Cristiano, Stuart Levine and Bruce Lorich, Heritage World and Ancient Coins Auction 3029, featuring Selections from the Eric P. Newman Collection, Part III, Dallas, TX: Heritage Auction Galleries, 2013.

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