Stack's Bowers & Ponterio
Summer 2022 Global Showcase Auction 22-26 Aug 2022
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GUATEMALA. Guatemala - El Salvador - Peru. 4 Reales, ND (1840). PCGS VF-35; Countermark: EF Details.
cf. KM-91; cf. Jovel-Type V Fig. 6-2. Type II Countermark; sun over mountains within circular border. Issued by decree of 31 October to 20 November 1840. A VERY RARE host coin/countermark combination with only a few known examples. Countermark applied to an 1836-CUZCO B Peru Republic 4 Reales with previous El Salvador "Zig-Zag" scribe mark (Decree of 18 December 1834 until at least 1839). This handsome and richly toned example displays pervasive slate patina with a slight iridescent sheen. The Guatemala countermark is bold, but slightly uneven, while the scribe mark is fairly tight and even with addition zig-zags to the right. Exhibiting moderate wear, this attractive survivor is pleasing to the eye and is sure to see spirited bidding from many collectors.
cf. KM-91; cf. Jovel-Type V Fig. 6-2. Type II Countermark; sun over mountains within circular border. Issued by decree of 31 October to 20 November 1840. A VERY RARE host coin/countermark combination with only a few known examples. Countermark applied to an 1836-CUZCO B Peru Republic 4 Reales with previous El Salvador "Zig-Zag" scribe mark (Decree of 18 December 1834 until at least 1839). This handsome and richly toned example displays pervasive slate patina with a slight iridescent sheen. The Guatemala countermark is bold, but slightly uneven, while the scribe mark is fairly tight and even with addition zig-zags to the right. Exhibiting moderate wear, this attractive survivor is pleasing to the eye and is sure to see spirited bidding from many collectors.
We would like to point out that the example from the Kyle Ponterio collection, same host and countermark combination, in our NYINC 2020 Auction Lot # 21038 sold for $6,500 plus buyer's fee.
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. To view all items from the Pat Johnson Collection, click here.
From the Pat Johnson Collection.
Estimate: $2000 - $4000