Guatemala 1859-R 2 pesos

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Heritage sale 3031, lot 28707
photo courtesy Heritage Auction Galleries

This specimen was lot 28707 in Heritage sale 3031 (Dallas, January 2014), where it sold for $305.50. The catalog description[1] noted, "Republic gold 2 Pesos 1859-R, Choice AU. Close to Mint state with attractive orange toning. The usual 1859/55 overdate, unlisted in KM, but quite common. A good type coin for this one-year type with the bust of Carrera. From The Isaac Rudman Collection of Guatemala Coins." Guatemala retained the real as a division of the peso until 1912, long after her neighbors had converted to decimal coinage. Indeed, attempts by the government in the 1870's to issue decimal coins (such as the 50 centavos of 1870) were failures. The portrait is of Rafael Carrera, cattle rustler, bandit, guerrilla leader and finally President of the Republic. This type is recorded for 1859 only and is the only issue of this denomination.

Recorded mintage: unknown.

Specification: 3.38 g, .875 fine gold.

Catalog reference: KM 180, Fr-35.

Source:

  • [1]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.
  • 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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