Guatemala 1804-NG M 8 reales

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Heritage sale 3030, lot 24481
Guatemala 1804 8 reales rev H3030-24481.jpg
Aureo sale 238, lot 93
The first specimen was lot 24481 in Heritage sale 3030 (New York, January 2014), where it sold for $18,800. The catalog description[1] noted, "Carlos IV 8 Reales 1804 NG-M, SP65 NGC. A coin with gorgeous eye appeal, well struck with old steel toning and satiny surfaces throughout. Even though no such thing as a Specimen strike exists for the Nueva Guatemala colonial mint, it is easy to see the special qualities of the coin that prompted such an unusual designation from the 3rd party grading service. Undoubtedly among the finest known for this scarce colonial type. From The Formosa Collection." The second specimen was lot 93 in Aureo & Calicó sale 238 (Barcelona, November 2011), where it sold for 370 euro (about US$587 including buyer's fees). The catalog description[2] noted,
"1804. Guatemala. M. 8 reales. Leves rayitas. Parte de brillo original. Rara así. EBC (eight reales of 1804, Guatemala mint. Light scratches, partial luster, rare thus, extremely fine.)"
This type was struck 1791-1808 for Charles IV but the four reales are actually slightly more common. Assayer M is recorded for 1786-1823.

Recorded mintage: unknown.

Specification: 27.07 g, .896 fine silver, .780 troy oz ASW.

Catalog reference: Cal. 635, KM 53.

Sources:

  • [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3030, 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.
  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • [2]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Subasta Colleción Leunda, Barcelona: Aureo & Calicó Subastas Numismáticas, 2011.

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