Guatemala 1751-G J 2 reales

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Sedwick sale 9, lot 1274

Shown is a 1751 two reales from the Guatemala mint, of a type issued 1733-1752. 1733 was the first year the Guatemala mint struck coinage, having first applied for authorization from the Spanish crown in 1714. The machinery was brought from Mexico City, and had already seen much service. As a consequence of that, and the fact that in Guatemala there were few people skilled in striking coins, production of milled coins equivalent to those being produced at Mexico City was not economically feasible[2]. The endeavor was abandoned shortly thereafter and the mint began striking coins on irregular planchets without applying edge devices, which was achieved at an acceptable rate. The example shown was sold by Daniel Frank Sedwick auctions on April 27, 2011 for $310 (lot 1274). Not all details of the coin are clear, but effort was made to position the date such that it would appear on the resultant coin.

Mexican numismatists hotly debate which side of the coin constitutes the obverse. Gilboy[1] depicts the shield side as the obverse as that side bears the king's name. However, auction catalogs and dealer listings more frequently use the pillars and globes side as the obverse, as that side bears the date.

Recorded mintage: unknown.

Specifications: 6.7668 g, 0.917 fine silver, 0.1995 oz ASW.

Catalog reference: Cayón-10388, KM 4.

Sources:

  • [2]Jara, Carlos M., Historia de la Casa de Moneda de Guatemala 1731-1776, Santiago, Chile: Andros Impresores, 2010.
  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
  • Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Felipe VI, 1474 a 2020, Barcelona: Aureo & Calicó, 2019.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • Menzel, Sewall, Cobs, Pieces of Eight and Treasure Coins, New York: The American Numismatic Society, 2004.
  • Robinson, Charles, The Coins of Central America, 1733-1965, San Benito, TX: 1965.
  • Stickney, Brian, A Monetary History of Central America, New York: American Numismatic Society, 2017.

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