Guatemala 1837-NG BA 8 reales

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from Stack's Bowers 2017 NYINC sale, lot 2168
Guatemala SB117-2168r.jpg
from Sedwick Treasure Auction 21, lot 1479

The first specimen was lot 2168 in Stack's Bowers NYINC sale (New York, January 2017), where it sold for $2,585. The catalog description[1] noted, "GUATEMALA. 8 Reales, 1837-NG BA. Nueva Guatemala Mint, Assayer "BA". NGC MS-62. Five mountains with radiant sun rising, date below; Reverse: Ceiba Tree divides denomination. Tied with one other example at this numeric grade with only two examples certified finer at either NGC or PCGS. Fantastic strike details, especially in the leaves of the Ceiba tree. Deep and vibrant toning, with a large swath of fiery orange with some indigo hue around the inscriptions. The reverse toning is nearly a mirror of the obverse, with the fields a deep inky blue and indigo with a mild band of bright pumpkin hue at 10 to 12 o'clock. From the Richard Stuart Collection." The second specimen was lot 1479 in Sedwick Treasure Auction 21 (Winter Park, FL, May 2017), where it sold for $352.50. The catalog description[2] noted, "Guatemala (Central American Republic), 8 reales, 1837BA, encapsulated NGC AU 50. Faint toning, minor marks, muted luster." This type was struck in Guatemala 1824-47 and in Costa Rica in 1831. It is not rare except in the choice condition shown here. The type is listed 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: 27.07 g, .903 silver, .786 troy oz ASW.

Catalog reference: KM 4.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Ponterio, Richard, The January 2017 NYINC Sale: Ancient Coins, World Coins & Paper Money, featuring the Richard Stuart Collection, Santa Ana, CA: Stack's Bowers LLC, 2016.
  • [2]Sedwick, Daniel F., Augi Garcia and Cori Sedwick Downing, Treasure Auction #21, featuring Selections from the Richard Stuart Collection, Winter Park, FL: Daniel Frank Sedwick, LLC, 2017.

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