Stack's Bowers & Ponterio
Summer 2022 Global Showcase Auction 22-26 Aug 2022
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GUATEMALA. Guatemala - Bolivia. 8 Reales, ND (ca. 1839-40). PCGS Genuine--Plugged, Fine Details; Both Countermark: VF Details.
KM-99; Jovel-Type III countermark (for sun over mountains countermark); Krause Type II Countermark. Countermarked on Bolivian Cob 8 Reales of Ferdinand VI. Weight: 26.72 gms. An impressive countermarked issue, displaying two applications of the sun over mountains countermark, both of which are quite clear. Despite the host coin displaying obvious circulation and the evident hole and plug, it maintains a level of charm and appeal. A more affordable example of the popular countermark series. After gaining independence, the fledgling countries of Central America continued to struggle. This is most evident in the provisional as well as counterfeit coinage in circulation prior to proper mints being established. The problem was so dire that when the Provisional Government of Honduras issued the 8 November 1824 decree stating that all coins were to be brought to the government to be examined and if of proper or approximate weight and purity were to be countermarked. This included counterfeits in circulation as long as their weight and fineness were of good quality. Punches were ordered from Guatemala City, but were never received. It was later decided by the Honduran assembly to use an old colonial punch used for the King's Fifth or Quinto. The countermarking action effectively began about 6 months after the December deadline on 7 June 1825. To view all items from the Mark and Lottie Salton Collection, click here.
From the Mark and Lottie Salton Collection.
Estimate: $400 - $600
KM-99; Jovel-Type III countermark (for sun over mountains countermark); Krause Type II Countermark. Countermarked on Bolivian Cob 8 Reales of Ferdinand VI. Weight: 26.72 gms. An impressive countermarked issue, displaying two applications of the sun over mountains countermark, both of which are quite clear. Despite the host coin displaying obvious circulation and the evident hole and plug, it maintains a level of charm and appeal. A more affordable example of the popular countermark series. After gaining independence, the fledgling countries of Central America continued to struggle. This is most evident in the provisional as well as counterfeit coinage in circulation prior to proper mints being established. The problem was so dire that when the Provisional Government of Honduras issued the 8 November 1824 decree stating that all coins were to be brought to the government to be examined and if of proper or approximate weight and purity were to be countermarked. This included counterfeits in circulation as long as their weight and fineness were of good quality. Punches were ordered from Guatemala City, but were never received. It was later decided by the Honduran assembly to use an old colonial punch used for the King's Fifth or Quinto. The countermarking action effectively began about 6 months after the December deadline on 7 June 1825. To view all items from the Mark and Lottie Salton Collection, click here.
From the Mark and Lottie Salton Collection.
Estimate: $400 - $600