Today we introduce you two extremely rare Gold Doubloons of Ferdinand VI from Guatemala mint, that it will be auction in our Floor Auction 30, that will be held on May 29th, 2019 in Madrid. We are facing a unique opportunity for collectors of this type of pieces. There is practically no precedent in which two exemplaires of this type appears in the same auction.
The two Gold Doubloons minted with a milled coinage
We have the pleasure to introduce you 2 spectacular Gold Doubloons, from Guatemala mint. From the two first years in which this mint coined with the milled coinage technique (29th of March of 1754 order), as in earlier dates they were hammer minted.
This old Mint was based in what is now the city of Antigua, where unfortunately, in 1773 a series of earthquakes caused the change of this mint to its new settlement in Nueva Guatemala de la Asunción. The first release of the new type of coins was the 29yh of March of 1754; José Eustaquio de León y Sosa, is the responsible for the trial of this Mint, marking with a J until 1757.
With the milled coinage also appears, the bust of Ferdinand VI in lieu of Philip´s. There are two types of bust for these coinage, in which three dates are known: 1754, 1755 and 1757, all of extreme rarity. The two exemplaires that we introduce you belong to the first type, with the small head and the chest widens at the lower part. This design was abandoned years before in Madrid and Sevillla (1747 and 1748) and was still in use in Mexico (1748-1756) and Santiago de Chile (1750-1759). In the other hand, in mints such as Popayan, Lima and Santa Fe, it was never used.
All the coinings in gold from this mint are extremely rare and there are only models of 8 escudos, 4 escudos (1755) and the dates 1751, 1755 and 1757 for 1 escudo coinage.