Guatemala 1789-NG M 2 escudos

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Heritage sale 3049, lot 31028
photo courtesy Heritage Auction Galleries

This specimen was lot 31028 in Heritage sale 3049 (Long Beach, September 2016), where it sold for $2,820. The catalog description[1] noted, "Charles IV gold 2 Escudos 1789 NG-M F12 NGC, Nueva Guatemala mint, Heavily circulated, yet quite bold at the legends and impressively problem-free, with no marks of any significance and attractive hints of reddish tone at the edges. A very rare date and denomination of which we've observed no recent sales. Ex. Caballero de las Yndias Collection. From the Santa Maria Collection." Two escudos are known from Guatemala for 1783, 1785, 1789-90, 1794 and 1797 in the eighteenth century. None are common.

Recorded mintage: unknown but rare.

Specification: 6.77 g, .875 fine gold.

Catalog reference: KM 47, Cal-299.


  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [1]Cristiano Bierrenbach, Warren Tucker and David Michaels, Heritage World Coin Auction 3049, featuring the Ohio Valley Collection, the Redwood Collection and the F.P. Briand Collection, Dallas, TX: Heritage Auction Galleries, 2016.

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