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CSNS Signature Sale 3083 24 & 27 Apr 2020
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Guatemala
Republic gold 16 Pesos 1863-R AU55 NGC, Guatemala mint, KM183, Fr-31. Large planchet variety. Mintage: 459. One of the famed rarities of the Guatemalan numismatic series. Reportedly only a three-year type struck in 1863-1865, Carlos Jara has reported that he knows of no surviving examples of either of the latter two dates. While several additional examples of the 1863 were discovered in the aftermath of an earthquake in Guatemala in 1977--raising the number of known specimens from reportedly just 2 to a small handful--the fact that this has made the 1863 the sole attainable date for the type should not downplay its extreme scarcity; at the time that we sold the Rudman example in 2014, a paltry 7 total examples were known. The present piece is extremely well preserved and highly lustrous, only minor stacking friction to the designs defining the grade; in all other regards, it appears to be Mint State. The edges of this type quite often exhibit small dents, yet the rim here is razor-sharp and without handling marks, the obverse showing excess metal at 10 o'clock. Pleasing in every regard, and an extreme rarity sure to appeal to every collector of Latin gold.
https://coins.ha.com/itm/guatemala/guatemala-republic-gold-16-pesos-1863-r-au55-ngc-/a/3083-31110.s?type=CoinArchives3083
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 5000-7000 USD
Republic gold 16 Pesos 1863-R AU55 NGC, Guatemala mint, KM183, Fr-31. Large planchet variety. Mintage: 459. One of the famed rarities of the Guatemalan numismatic series. Reportedly only a three-year type struck in 1863-1865, Carlos Jara has reported that he knows of no surviving examples of either of the latter two dates. While several additional examples of the 1863 were discovered in the aftermath of an earthquake in Guatemala in 1977--raising the number of known specimens from reportedly just 2 to a small handful--the fact that this has made the 1863 the sole attainable date for the type should not downplay its extreme scarcity; at the time that we sold the Rudman example in 2014, a paltry 7 total examples were known. The present piece is extremely well preserved and highly lustrous, only minor stacking friction to the designs defining the grade; in all other regards, it appears to be Mint State. The edges of this type quite often exhibit small dents, yet the rim here is razor-sharp and without handling marks, the obverse showing excess metal at 10 o'clock. Pleasing in every regard, and an extreme rarity sure to appeal to every collector of Latin gold.
https://coins.ha.com/itm/guatemala/guatemala-republic-gold-16-pesos-1863-r-au55-ngc-/a/3083-31110.s?type=CoinArchives3083
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 5000-7000 USD