Lot 1061
Guatemala / Peru. Necessity Peso. Host coin: Peru Republic, 8 Reales, 1839-MB (Lima). WR-22; KM-118.1 Countermarked Coinage. (type III stamps). 25.60 grams. Tripartite shield, wreath at sides, and crowned above by smaller wreath; star, bow & arrows stamp. Reverse: Liberty as Pallas Athene, stands frontal supporting cap on spear, while one hand rests on shield; sun & volcanoes stamp. Much residual luster remains, under a gray that is colorfully warm to strongly violet or deep copper in coloring. NGC graded EF-45.
The collapse of the Central American Republic between 1838 and 1840 produced certain problems with coinage. The old member nations continued to produce confederation coinage up to 1850, yet only in small amounts. Countermarked coinage was also produced using available host coins from the area as well. These are all scarce.
Estimated Value $400 - 500.
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| Realized $633 |
