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1 Peso Counterstamped coinage
| Issuer | Guatemala |
|---|---|
| Year | 1894 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | 25 g |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The reverse of the host Peruvian Sol coin features a seated allegorical female figure of Liberty, facing left, holding a shield and staff, rendered in a classical academic style. Superimposed upon this field is the Guatemalan counterstamp derived from the reverse of the 1/2 Real of 1894, depicting the figure of Justice as designed by Jean Lagrange. The legend of the host coin encircles the central device, referencing the Union of Guatemala and the revolutionary date of 30 June 1871. The denomination UN SOL appears in the lower portion of the host coin's reverse, while the counterstamp legend references LIBERTAD and the 1/2 Real denomination. The overall composition reflects the emergency revaluation of Peruvian silver coinage for Guatemalan monetary circulation. |
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| Additional information |
Guatemala's counterstamped coinage of the 1890s arose from a chronic shortage of domestic silver production and the government's pragmatic solution: overstruck foreign and older Central American coins were declared legal tender rather than melting and reminting. KM#224 specifically records host coins — typically Chilean or Bolivian pesos — bearing the Guatemalan stamp authorizing circulation. The practice was already dated by 1894; paper currency issued under the Reina Barrios administration was aggressively displacing silver within the same decade.