Stack's Bowers Galleries

January NYINC 2022 Auction  –  18 - 20 January 2022

Stack's Bowers Galleries, January NYINC 2022 Auction

Internet Sessions: Ancient & World Coins, World Paper Money

Part G: Tu, 18.01.2022, from 6:00 PM CET
Part H: We, 19.01.2022, from 6:00 PM CET
Part I: We, 19.01.2022, from 6:00 PM CET
Part J: Th, 20.01.2022, from 6:00 PM CET
Part K: Th, 20.01.2022, from 6:00 PM CET
The auction is closed.

Description

EL SALVADOR. El Salvador - Guatemala. 1/2 Real, ND (1862). NGC Fine Details--Cleaned; Countermark: VF Strong.

KM-83. Type IV Countermark: "R" (Rehabilitado) within circular beaded border of 21 beads. Countermark applied to the obverse of 1860-R Guatemala 1/2 Real. A charming little coin with honest circulation, likely in both Guatemala and El Salvador, displaying light gray tone with richer patina in the legends and crevasses. Close inspection reveals evidence of a past cleaning, now slightly subdued. Despite its shortcomings this RARE denomination is seldom encountered and his would make a nice addition to many collections. The time period in which these countermarks were issued was filled with strife and turmoil. To circumvent the forgeries of current Guatemalan coins then in circulation, they were inspected by local officials and if found to be of correct weight and fineness were countermarked with the "R" within beaded boarder. The Salvadorian Government under President Gerardo Barrios Espinosa (12 March 1859 to 26 October 1863) was the only Central American state that remained loyal to the federation and was under continuous threat of invasion from neighboring Honduras, Nicaragua and Guatemala. President Barrios fled El Salvador to Nicaragua in 1863 where he was eventually captured and extradited back to El Salvador. He was tried 28 August 1863 and executed the next day. He is considered a national hero and his name is honored by the naming of national institutions, two major cities and his life is taught in school.

Question about this lot?

Bidding

Price realized 360 USD
Starting price 120 USD
The auction is closed.
Feedback / Support