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2 Reales Rafael Carrera

Issuer Guatemala
Year 1862-1865
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Reference(s) KM#139
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Reverse description The Guatemalan coat of arms occupies the central field, depicting a quetzal bird perched atop a scroll inscribed REPUBLICA DE GUATEMALA, flanked by two crossed rifles and two crossed swords, with a laurel wreath below and a radiant sun rising above twin volcanoes in the background. The fineness and assayer designation appear to the left (L.10D20G), the denomination DOS Rs is prominently displayed at the bottom center, and the date and mint mark appear to the right, all separated by decorative elements within a dentilated border.
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Edge Reeded
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Additional information

Rafael Carrera, the illiterate mestizo general who ruled Guatemala with near-absolute authority from 1844 until his death in 1865, ordered this coinage as part of an effort to stabilize a monetary system perpetually undermined by debased colonial-era specie still circulating decades after independence. The Central American Federation had collapsed in 1839, and each successor state was left to sort out its own currency arrangements — Guatemala's solutions under Carrera were characteristically conservative and Catholic-authoritarian in character.

KM#139 represents one of the final issues produced under his direct authority before his death in April 1865 ended thirty years of Carrera's grip on Guatemalan political life.

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