Guatemala 1824-NG M 1/2 escudo

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Heritage sale 3030, lot 24431
Guatemala 1824 medio escudo rev H3030-24431.jpg

This specimen was lot 24431 in Heritage sale 3030 (New York, January 2014), where it sold for $3,290. The catalog description[1] noted, "Central American Republic 1/2 Escudo 1824 NG-M, MS64 NGC. Well struck and fewer marks than usually encountered for this small denomination. A superb example of the first date in the series, in rare grade for this historically significant first year of issue. From The Isaac Rudman Collection of Guatemala Coins." This specimen was one of a type struck in Guatemala 1824-26 and 1843 and sporadically in Costa Rica 1825-49. The other, larger gold denominations from the period are much more expensive. The type is listed in the SCWC under the Central American Republic. This federation was an attempt to unite all the former Spanish provinces of Central America into one country but collapsed amid recrimination and civil war.

Recorded mintage: unknown but a common date.

Specification: 1.69 g, .875 fine gold, .047 troy oz AGW.

Catalog reference: KM 5, Fr-30.

Source:

  • 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.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • [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.

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