Guatemala 1834-NG M 2 escudos

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Heritage sale 3030, lot 24439
Guatemala 1834 2 escudos rev H3030-24439.jpg

This specimen was lot 24439 in Heritage sale 3030 (New York, January 2014), where it sold for $16,450. The catalog description[1] noted, "Central American Republic gold 2 Escudos 1834 NG-M, MS61 NGC. A rather weak strike on the tree side, but otherwise a wonderful specimen with reddish tone and much luster. An extremely rare coin, being the finest of only two known to the cataloger. Prior to its sale in the Norweb auction, this date was unrecorded in all references. Missing in Haberthuer and Eliasberg. One of the key dates for this series. Ex. Norweb collection (Christie's Dallas 11/1985, lot 836 for $1,600). From The Isaac Rudman Collection of Guatemala Coins." This specimen was one of a type struck in Guatemala 1825-47 and sporadically in Costa Rica 1828-50. None of the two escudos are common but the 1825-28 issues are more available than the later dates. 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 rare.

Specification: 6.75 g, .875 fine gold, .190 troy oz AGW.

Catalog reference: KM 12, Fr-28.

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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