The magnetic hysteresis of a two-dimensional lattice of rotors with four-way anisotropy interaction and a Heisenberg exchange interaction is studied. The Hamiltonian dynamics of the lattice is thermostated using the Nosé thermostat, resulting in a system that approaches thermal equilibrium and which under certain conditions can remain in metastable states. Using physically realistic values for the interactions in a nanoparticle of monolayer thickness, we locate the Curie temperature of our lattice by determining the peak of the heat capacity curve. We then compare the coercive field of our two-dimensional lattice below this Curie temperature to the coercive field of an elliptical cobalt nanoparticle measured in experiment. We find an order of magnitude agreement between our lattice model and the experimental results, even though the value of the anisotropy used is more appropriate for a monolayer film than for the nanoparticle.