Stack's Bowers & Ponterio
Collector's Choice June 2022 Auction 1-3 Jun 2022
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GUATEMALA. Guatemala - Peru. 8 Reales, ND (1840-41). PCGS Genuine--Mount Removed, EF Details; Countermark: AU Details.
KM-118.1; Jovel-Type VIII. Type IV Hinged Dies Countermark; Sun over mountains on obverse; Five-pointed star superimposed on bow, arrow and quiver on reverse. Issued by decree of 31 October 1840, instituted December to early 1841. Bi-facial countermark applied to a 1835-MT Peru Republic 8 Reales. A rather attractive moderately worn host coin displaying rich mottled gray patina with remaining luster in the protected areas. Close inspection reveals evidence of mount removal at 12 o'clock, slightly obscured by the prong in the holder, but is hardly a distraction. Despite its shortcomings a handsome relatively high grade example of the type that would make a nice addition for the intermediate collector looking to add depth to their numismatic holdings.
KM-118.1; Jovel-Type VIII. Type IV Hinged Dies Countermark; Sun over mountains on obverse; Five-pointed star superimposed on bow, arrow and quiver on reverse. Issued by decree of 31 October 1840, instituted December to early 1841. Bi-facial countermark applied to a 1835-MT Peru Republic 8 Reales. A rather attractive moderately worn host coin displaying rich mottled gray patina with remaining luster in the protected areas. Close inspection reveals evidence of mount removal at 12 o'clock, slightly obscured by the prong in the holder, but is hardly a distraction. Despite its shortcomings a handsome relatively high grade example of the type that would make a nice addition for the intermediate collector looking to add depth to their numismatic holdings.
The implementation of the hinged dies resulted in improved efficiency of the countermarking process and turnaround time.
Estimate: $300 - $500