Guatemala 1797-NG M 2 reales

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Heritage sale 3031, part of lot 28698
Guatemala 1797 2 reales rev H3031-28698.jpg
from the Mountain Groan Collection
Guatemala 1797 2 reales rev DSLR.jpg

Shown is a 1797 two reales from the Nueva Guatemala mint, of a type struck 1790-1807. 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. Harris[1] notes that this type is as common as the contemporary Mexico City issue, a statement not confirmed by our experience, tho this type is much more available than preceding types. This specimen was part of lot 28698 in Heritage sale 3031 (Dallas, January 2014), which sold for $352.50. The catalog description[2] noted, "Colonial Busted Minors Trio, Three coins as follows: ½ Real 1772 G-P, 2 Reales 1797 NG-M, ½ Real 1809 NG-M. The 1809 ½ Real is close to Mint State and very scarce, the others Fine."

Recorded mintage: unknown.

Specification: 6.77 g, .896 fine silver, .195 troy oz ASW.

Catalog reference: KM 51.

Source:

  • [1]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.
  • [2]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3031, featuring the RLM Collection, the Isaac Rudman Collection, the Hans Cook Collection and the Collection of Donald E. Bently, Dallas, TX: Heritage Auction Galleries, 2013.

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