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2 Pesos Rafael Carrera

Issuer Guatemala
Year 1859
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Composition Gold (.875) (Copper .125)
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Obverse script Latin
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Reverse lettering GUATÆ RA S.D.O.M. PROTE 2 P. 21Q. 1859 R.
(Translation: Guatemala Republic Sub D.O.M. Protection 2 Pesos 21 Karats 1859R)
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Additional information

Rafael Carrera ruled Guatemala as a largely self-educated mestizo caudillo who rose from poverty to become the country's dominant political figure for nearly three decades. This issue was struck during his second presidency, after he had himself declared president for life in 1854 — a consolidation of power that effectively ended any pretense of republican rotation. Guatemala's gold coinage of this period was minted in small quantities relative to silver, and surviving 2 Peso pieces are notably scarce, a reflection of both limited original production and the coin's intrinsic value encouraging melting.

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