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1 Peso Counter-stamped coinage
| Issuer | Casa de Moneda de Guatemala |
|---|---|
| Year | 1894 |
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| Composition | Log in to see details |
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| Shape | Round |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | REPUBLICA DE CHILE LIBERTAD 15 DE SEPTIEMBRE DE 1821 1894 |
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| Edge | Reeded |
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| Additional information |
Guatemala's counter-stamped coinage of the 1890s resulted from a practical crisis: the country was awash in Chilean and Bolivian pesos that merchants accepted but the government could not formally account for. The 1894 authorization allowed the Casa de Moneda to apply official stamps to foreign silver already in circulation, effectively conscripting it into the national monetary supply without the expense of melting and recoining.
KM#215 specifically documents the counter-stamp applied to Chilean 1-peso hosts, identifiable by the 1895 Antiguo tipo varieties that numismatists still argue over in terms of which host coins were accepted and which were rejected at the stamping house.