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1 Peso Counterstamped coinage
| Issuer | Guatemala |
|---|---|
| Year | 1894 |
| Type | Emergency coin |
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| Obverse description | Log in to see details |
|---|---|
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| Mint | Casa de Moneda de Guatemala, Guatemala City, Guatemala (1733-date) Central American Mint, San Salvador, El Salvador (1892-1896) |
| Mintage | 1894 - Host date 1892 - 1894 - Host date 1893 - |
| Additional information |
Guatemala's counterstamped coinage of the 1890s reflects a government scrambling to manage its currency supply without the capacity to mint sufficient new coin. Rather than strike fresh pesos, authorities applied official stamps to circulating foreign silver — predominantly Chilean and Bolivian 8-real and peso-sized pieces — legitimizing them for domestic use. KM#227 specifically documents this practice at its most formalized stage, just as the Liberal government of José María Reyna Barrios was restructuring Guatemalan monetary policy ahead of the 1897 shift to the silver peso system.