Lot 2155
Guatemala. 8 Escudos, 1817-NG-M (Nueva Guatemala). Fr-22; KM-71. 27.00 grams. Ferdinand VII, 1808-1833. Bust right. Reverse: Crowned arms, Order of Golden Fleece around. The centers boldly struck up. Minor coining mark at neck, otherwise an extraordinary specimen. Very lustrous and prooflike. Extremely Rare in this grade - probably the finest known. NGC graded MS-62 Prooflike.
Assayers' initials have appeared on Latin coins of gold and silver since the first part of the 18th century. Normally there are two letters, such as "FM" or JJ". Guatemala has always had just one initial (at this time, "M"), and is the only colonial nation of Spain with just the one initial.
Estimated Value $30,000 - 35,000.
Ex Millennia Collection, lot 1056.
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| Realized $31,625 |
