A very cool countermarked coin--1869 Peru Sol, now 1894 Guatemalan Peso!

airplanenut

I don't delve much in the darkside anymore, simply because I've been focusing more with US Type and toned piece. But, that hasn't stopped me from buying the occasional cool coin, simply for the novelty. Here's such a coin:

This is an 1869 Peruvian Sol, but it's countermarked... and not with intials. The countermark was created with the 1894 Guatemalan 1/2 Real dies, making the coin legal Guatemalan tender at the value of 1 peso. Pretty neat!







Hope you enjoy this one!

Jeremy

CoinAddict

Cool coin, Jeremy.

MrEureka

Looks like the 1/2 real dies were severely rusted. Jeremy, when was this thing countermarked?

1960NYGiants

Isn't that the coin you had up on the Bay this past week?

Gene

airplanenut

<< <i>Isn't that the coin you had up on the Bay this past week?

Gene >>

Yes--it was consigned, so my mother purchased it for me

Andy,

The cool card it came with says it was countermarked in 1894

1jester

Jeremy, that is ! ! !

AuldFartte

Awesome coin, Jeremy !!!
I've never seen one of those before, and I like it !!!

laurentyvan

This is an interesting part of Numismatic history- in 1894 Guatemala began authorizing the counterstamping of foreign silver coinage, this being the least expensive method of increasing circulating silver coinage..

Perhaps a clue to Guatemala's problems is found in the fact that Peru's coinage was disrupted in the latter part of the 19th century due to lower silver prices. I'd imagine that lower or falling silver prices were enough to disrupt more than one countries economy.

Nice piece by the way Airplanenut....