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Stack's Bowers & Ponterio
Collector's Choice November 2022 Auction  14-17 Nov 2022
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Lot 71601

Starting price: 1200 USD
Price realized: 1400 USD
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GUATEMALA. Guatemala - El Salvador - Peru. 4 Reales, ND (1840). PCGS VF-30; Countermark: VF 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. VERY RARE host coin/countermark combination. Countermark applied to a 1836-CUZCO B Peru Republic 4 Reales with previous El Salvador "Zig-Zag" scribe mark (Decree of 18 December 1834 until at least 1839). The Guatemalan countermark is dramatically double-struck and somewhat deteriorated, while the Salvadoran scribe mark is fairly even and well-produced. The host coin is somewhat circulated and the application of the countermark resulted in some flatness on the reverse, but it otherwise displays satisfyingly problem-free surfaces with boldly legible legends. The coin displays light toning with attractive darkness surrounding the devices, enhancing their details. A pleasing example of this interesting and sought-after type, thus sure to inspire competitive bidding from advanced collectors.

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 - $2500

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