Lot 1050
Guatemala. 8 Reales, 1764-G.P (Nueva Guatemala). WR-4; KM-221. Pillar coinage. Charles III, 1759-1788. Crowned Bourbon arms. Reverse: Crowned globes between pillars. A few light marks, otherwise fields with prooflike luster; the devices struck in unusually bold relief. Lightly toned. Among the finest Pillar dollars of Guatemala. NGC graded MS-63.
Pillar Dollars of Guatemala were minted at Nueva Guatemala. This was a small Spanish colonial city at the time. The capital of Guatemala was Antigua Guatemala. Antigua was badly dmamged by an earthquake in 1775, and the capital was moved then to Nueva Guatemala. Nueva Guatemala, is technically named La Nueva Guatemala de la Ascuncion, and called Guatemala City, or Guatemala today.
Estimated Value $5,000 - 6,000.
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| Realized $10,925 |
