More Spanish Colonial Coins

Page 3

1770 Guatemala mint, Pillar design, 8 Reales, Assayer "P", 38 mm diameter. The assayer initial in this case stands for one Pedro Sanchez de Guzman, who was personally responsible for the proper fineness and weight of this large coin, weighing 27.07 grams and composed of 0.917 fine silver. The Guatemala mint was one of the smaller Spanish colonial mints, and its Pillar design coins are difficult to find in high grades such as this well struck piece. The quantities struck at Guatemala were much smaller than at Mexico, Potosi, or Lima.

 

1770 Obverse

 

1770 Reverse

 

 

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