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Question About Punch Mark On Very Rare Guatemala 1829 Real

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Pillar of the Community

United States
1666 Posts
 Posted 09/12/2011  10:18 pm Show Profile   Bookmark this topic Add Numismat to your friends list Get a Link to this Message Number of Subscribers
Hi folks,
Recently acquired this coin, while researching to determine value I came across another with a very similar punch mark in the same spot: http://www.coinarchives.com/w/lotvi...50b59950e799.

At first I thought it was regular damage, but I am wondering if this is perhaps a contemporary practice, such as an assayer test punch. If so, would this lessen the effect of the punch compared to if it were more recent damage?

Thanks! =)

Question-About-Punch-Mark-On-Very-Rare-Guatemala-1829-Real

Question-About-Punch-Mark-On-Very-Rare-Guatemala-1829-Real
Pillar of the Community
swamperbob's Avatar
United States
5362 Posts
 Posted 09/12/2011  11:51 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
Test punches were used in many different time periods to check for plated counterfeit coins. This was extremely prevalent in the late colonial and early republican periods. I have seen hundreds from DIFFERENT locations damaged in similar fashion. When these coins were in circulation damage that did NOT fully penetrate the coin was not a problem since the metal remained.

I would view it as simple post strike damage.
Pillar of the Community
United States
1666 Posts
 Posted 09/13/2011  12:52 am  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
Thanks again for the assessment Swamperbob, it's great to have some insight on historical practices.
Bedrock of the Community
DVCollector's Avatar
United States
10045 Posts
 Posted 09/13/2011  02:29 am  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
Wow, that's a really rare coin!
Pillar of the Community
United States
1666 Posts
 Posted 09/13/2011  03:10 am  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
Yea I was pleasantly surprised by this one. Didn't really get a good look at it when viewing the lot, but from what I saw I figured it was a Central American Republic 1 real. I was stunned to see that it was the Guatemala provisional type.
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MathieuMa's Avatar
France
1591 Posts
 Posted 09/13/2011  05:05 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Very scarce coin, and in good shape :)
Excellent find !
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 09/13/2011  08:06 am  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
I find coins of this era very interesting.
What is the significance of the letters "NG.M", please ?
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MathieuMa's Avatar
France
1591 Posts
 Posted 09/13/2011  08:52 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
I'd place a bet on Nuevo Guatemala, essayer M ...
But I don't have books on hand to check :D

Yep, that period is indeed very interesting, many new nations being created from the ancient spanish empire.
It's also a hard to collect period, with many temporary issues.
It will be my next goal once I start to only have hard to get spanish coins left to find :)
Pillar of the Community
United States
1666 Posts
 Posted 09/13/2011  12:48 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
Nueva Guatemala mint, assayer Manuel Eusebio Sanchez.
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MathieuMa's Avatar
France
1591 Posts
 Posted 09/13/2011  1:40 pm  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
I was quite close :D
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fcrazo's Avatar
United States
651 Posts
 Posted 09/13/2011  3:42 pm  Show Profile   Bookmark this reply Add fcrazo to your friends list Get a Link to this Reply
Nice catch!
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Libertad's Avatar
Canada
3692 Posts
 Posted 09/16/2011  11:35 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Interesting how they punch it onto the engraver's initials, as if that helps assay it a bit more. :P
Pillar of the Community
United States
1666 Posts
 Posted 09/17/2011  1:18 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
I guess if something isn't right, it's the assayers fault, so they punch out his initial just in case lol.
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