Paraguay 1870 2 centesimos

from the Stack's Bowers 2020 Collector's Choice sale, lot 73356

photo courtesy Stacks Bowers LLC

This specimen was lot 73356 in Stack's Bowers Collector's Choice sale (Santa Ana, CA, June 2020), where it sold for $192. The catalog description^[1] noted, "PARAGUAY. 2 Centesimos, 1870-SHAW. Birmingham Mint. NGC MS-65 Red. A bright and lustrous example with full original mint red and well defined features." This type was struck 1870 at the Heaton mint for Paraguay, accompanied by one and four centesimos. Paraguay, utterly ruined by the War of the Triple Alliance, could not afford additional coinage and other than some restrikes of these coins made in Asuncion, no more coins were issued until 1889.

Recorded mintage: unknown.

Specification: copper.

Catalog reference: KM 3.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Orsini, Matt, Richard Ponterio and Kyle Ponterio, The June 2020 Collector's Choice sale: World and Ancient Coins, Santa Ana, CA: Stack's Bowers LLC, 2020.

Link to:

• Paraguay (1865-70) real countermark "S" on a cut Bolivia 4 soles
• Paraguay (1865-70) real KM-B2 countermark "1" on a cut Bolivia 4 soles
• Paraguay (1865-70) 2 reales countermark "Co" on a cut Bolivia 4 soles
• 1868 2 centimos pattern
• 1870 1 centésimo
• 1870 4 centésimos
• Coins and currency dated 1870