Guatemala 1787-NG M 2 reales
This specimen was lot 1476 in Sedwick sale 12 (Winter Park, FL, October 2012), where it sold for $118. The catalog description noted, "Guatemala, bust 2 reales, Charles III, 1787M. Small-flan Fine with rich old toning, no problems." 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 "M" is noted for the years 1785-1821. Portrait two reales were struck for Charles III 1779-85 with the "NG" mintmark; the subtype of 1786-87 (shown here) was only .896 fine. No two reales are known dated 1788.
Recorded mintage: unknown.
Specification: 6.77 g, .896 fine silver, .195 troy oz ASW, this specimen 6.6 g.
Catalog reference: KM-34.2a; CT-1253.
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- Harris, Robert P., Pillars & Portraits, San José, CA: Bonanza Press, 1968.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
- Sedwick, Daniel F., Augi Garcia and Cori Sedwick Downing, Treasure Auction #12, Winter Park, FL: Daniel Frank Sedwick, LLC, 2012.