Guatemala 1779-NG P 8 reales

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from Sedwick Treasure Auction 21, lot 1441

This specimen was lot 1441 in Sedwick Treasure Auction 21 (Winter Park, FL, May 2017), where it sold for $329. The catalog description[1] noted, "Guatemala, bust 8 reales, Charles III, 1779P, ex-Richard Stuart. Cleaned XF with weak spots just above centers, no toning. Pedigreed to the Richard Stuart collection." In 1776, an earthquake demolished Antigua Guatemala (including the mint) and a new city was built some miles away. To mark the move, the mintmark was changed to "NG" ("Nueva Guatemala", still the capital of Guatemala) on all issues of 1777 and after. Assayer "P" is noted for the years 1759-85. Unlike the other colonial mints, Guatemala portrait eight reales of Charles III are much rarer than the other denominations. Guatemala issues are notably cruder than other mints.

Recorded mintage: unknown.

Specification: 27.07 g, .903 fine silver, .786 troy oz ASW, this specimen 26.48 grams.

Catalog reference: CT-827; KM-36.2.

Source:

  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.
  • [1]Sedwick, Daniel F., Augi Garcia and Cori Sedwick Downing, Treasure Auction #21, featuring Selections from the Richard Stuart Collection, Winter Park, FL: Daniel Frank Sedwick, LLC, 2017.

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