Lot 939
Bolivia / Guatemala. "Royal" 8 Reales, 1690-P-VR (Potosi). WR-8 var.; KM-R26; cf. KM-96.1. 27.49 grams. Charles II, 1665-1700. Crowned Cross of Jerusalem, quartered arms of Castille and Leon, all in quadrilobe; inverted Type II Guatemala countermark at right upper quarter of arms. Reverse: Crowned pillars over waves. Well centered, bold strike on excellent metal. Flan nice and round, but a little tight. Three dates visible. Attractively toned and very pleasing. Very Rare and interesting. NGC graded EF-40.
Note the countermark that was placed on the coin in the 1830's and '40's, when the Central American countries of Guatemala, Honduras, Nicaragua, and Cost Rica were attempting the fiction of a "United States of Central America." The effort was a dismal failure, but the necessity for the "country" to monetize whatever specie, bullion, old or foreign coin that was on hand resulted in many of the old Spanish reales being countermarked like the above piece.
Estimated Value $6,000 - 7,000.
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| Realized $6,900 |
