Stack's Bowers & Ponterio
January 2020 NYINC Auction 17-18 Jan 2020
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GUATEMALA. Guatemala - El Salvador - Peru. 4 Reales, ND (1840). PCGS VF-35 Gold Shield.
cf.KM-91; cf.Jovel-Type V Fig. 6-2. Type II Countermark; sun over mountains within circular boarder. Issued by decree of 31 October to 20 November 1840. VERY RARE host coin/countermark combination. Countermark applied to a 1836-CUZCO B Peru Republic 4 Reales with previous El Salvador "Zig-Zag" scribe mark (Decree of 18 December 1834 until at least 1839). The Guatemala Type II countermark exhibits a fair amount of deterioration with die cracks and die cuds around the circumference indicating prolonged usage. The piece displays rich old tone with attractive argent atop of the devices with mottled dove and slate grey patina in the open fields and amongst the devices. An interesting and highly sought after type exhibiting two different Latin American re-validation marks sure to see excite even the most advance of collectors.
cf.KM-91; cf.Jovel-Type V Fig. 6-2. Type II Countermark; sun over mountains within circular boarder. Issued by decree of 31 October to 20 November 1840. VERY RARE host coin/countermark combination. Countermark applied to a 1836-CUZCO B Peru Republic 4 Reales with previous El Salvador "Zig-Zag" scribe mark (Decree of 18 December 1834 until at least 1839). The Guatemala Type II countermark exhibits a fair amount of deterioration with die cracks and die cuds around the circumference indicating prolonged usage. The piece displays rich old tone with attractive argent atop of the devices with mottled dove and slate grey patina in the open fields and amongst the devices. An interesting and highly sought after type exhibiting two different Latin American re-validation marks sure to see excite even the most advance of collectors.
Initially applied from 26 April 1839 through 20 November 1840 to cob coinage of good weight and purity. Then applied to Pesos Fuertes from May to 29 June 1840 and on the milled coins of 2, 4 and 8 Reales from Bolivia and Peru, before the Peru-Bolivian confederation, from 31 October to 20 November 1840. According to Jovel, the assayers erroneously countermarked the present example because of the lack of compliance with weight requirements.
From the Kyle Ponterio Collection.
Ex: Richard Stuart Collection.
Estimate: $2000.00- $2500.00