© PCGS
2 Reales Countermark on Spain - Madrid 2 Reales KM# 412.
Silver (.903) | 6.77 g | 26 mm |
Issuer | Cuba |
---|---|
King | Charles V (1833-1845) |
Type | Standard circulation coin |
Years | 1772-1788 (1841) |
Value | 2 Reales |
Currency | Countermarked Coinage (Lattice, 1841) |
Composition | Silver (.903) |
Weight | 6.77 g |
Diameter | 26 mm |
Thickness | 1.1 mm |
Shape | Round |
Technique | Countermarked, Milled |
Orientation | Medal alignment ↑↑ |
Demonetized | Yes |
Updated | 2024-10-04 |
Numista | N#78553 |
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Rarity index | 79% |
Reverse
Crowned coat of arms of Castile and Leon divides value.
Mintmark left and officials' initials right.
Legend around.
Script: Latin
Lettering:
HISPANIARUM REX
R 2
M DV
Translation:
King of Spain
2 Reales
M (Madrid mintmark)
DV (officials: Domingo Antonio López - Vicente Campos González)
Edge
Plain
Comment
Owing to lack of coins at Cuba Island, provided by American minthouses (mainly Mexico), many coins of Spanish 2 Reales (colloquially called "Sevillanas") were illegally introduced. They had a lower value (American "Columnarias"= 1/4 Peso, and 2 Reales Spain= 1/5 Peso), so Spanish government decided to collect those spanish coins, but in the meanwhile, to avoid scarcity of cash, they decided to countermark to give them their real value; 50 dies were used, 20 at La Habana, 15 at Puerto Príncipe and 15 at Santigo de Cuba.Countermark on Spanish (Madrid) 2 Reales, KM#412.1.
Interesting fact
One interesting fact about this coin is that it was minted in Cuba during a time when the island was still under Spanish rule, and it features a countermark from the Madrid mint, indicating that it was issued by the Spanish government. This coin is a rare example of a Spanish colonial coin that was minted outside of Spain, and its unique blend of Spanish and Cuban influences makes it a valuable piece for collectors.