Stack's Bowers & Ponterio
January 2023 NYINC Auction 13-16 Jan 2023
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GUATEMALA. Guatemala - El Salvador - Bolivia. 4 Reales, ND (ca. 1839-40). PCGS Genuine--Cleaned, EF Details.
KM-92. Issued by decree of 31 October to 20 November 1840. Countermarks: Type II, radiant personification of the sun above mountains. Countermark applied to the obverse of a 1830-PTS JL Bolivia Republic 4 Soles (KM-96A.1) with previous El Salvador "Zig-Zag" scribe mark (KM-104) (Decree of 18 December 1834 until at least 1839). Featuring not just the Guatemalan countermark, but an additional prior "testing" mark from El Salvador in the form of a "zig-zag" pattern, this SCARCE type is upon a seldom encountered host coin with some scattered planchet impurities, but nevertheless showcases the countermarks quite well. Highly interesting and historical.
KM-92. Issued by decree of 31 October to 20 November 1840. Countermarks: Type II, radiant personification of the sun above mountains. Countermark applied to the obverse of a 1830-PTS JL Bolivia Republic 4 Soles (KM-96A.1) with previous El Salvador "Zig-Zag" scribe mark (KM-104) (Decree of 18 December 1834 until at least 1839). Featuring not just the Guatemalan countermark, but an additional prior "testing" mark from El Salvador in the form of a "zig-zag" pattern, this SCARCE type is upon a seldom encountered host coin with some scattered planchet impurities, but nevertheless showcases the countermarks quite well. Highly interesting and historical.
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.
Estimate: $2000 - $3000