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Daniel Frank Sedwick, LLC
Treasure Auction 29  7-10 May 2021
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Lot 974

Starting price: 8000 USD
Price realized: 24 000 USD
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Guatemala, cob 8 reales, 1733J, extremely rare.S-G1; Cal-1237; KM-6; JP-8R1b.26.48 grams.The Guatemala cob 8 reales of 1733 is officially the first "dollar" of Central America, struck just one year after the comparatively common but highly lauded 1732 first-date pillar dollar of Mexico and using the same basic design but without the benefit of proper milling equipment (note, however, that a single example exists of the Guatemala pillar dollar 1733 on a proper milled flan). Only about four or five are known publicly, most of them holed and with only partial date and assayer. In contrast, our example is unholed and shows a bold full date, mintmark, assayer and denomination, in addition to the rest of the central details, including a choice full crown above the globes, and is struck slightly off-center, enabling the flan to extend past the outer border on the pillars side. It is also attractively toned, typical of finds from the Reijgersdaal, with minimal surface corrosion near the shield-side edge only, otherwise Fine+ for actual wear. Pedigreed to the Antigua collection and to the Superior auction of June 1997 (lot 6503) and the Ponterio auction of January 2004 (lot 1823), original salvaged from the Reijgersdaal (1747) in 1979.
($10000-20000)
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