Guatemala 1795-NG M 8 reales

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Aureo sale 232, lot 233
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. This type was struck 1791-1808. Assayer "M," for Manuel Eusebio Sanchez, is recorded for 1785-1836. This specimen was lot 233 in Aureo y Calico sale 232 (Barcelona, March 2011), where it sold for 650 euros (about $1,072 including buyer's fees). The catalog description[1] noted,
"Fernando 1795/4. Guatemala. M. 8 reales. Insignificante hojita en borde. Bellísima. Brillo original. Muy rara así. S/C-. (Ferdinand VII, 1795/4 eight reales of Guatemala, insignificant pit in the denticles; beautiful original luster, very rare thus, about uncirculated)."

Recorded mintage: unknown.

Specification: 27.07 g, .896 fine silver, .78 troy oz ASW.

Catalog reference: KM 53, Cal-624.

Sources:

  • 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.
  • [1]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Selección de 500 Monedas, Medallas y Billetes, Barcelona: Aureo y Calicó Subastas, 2011.

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