2 Reales (Countermark on Spain - Madrid 2 Reales KM# 412.1) 1772-1788 (1841) front 2 Reales (Countermark on Spain - Madrid 2 Reales KM# 412.1) 1772-1788 (1841) back
2 Reales (Countermark on Spain - Madrid 2 Reales KM# 412.1) 1772-1788 (1841) photo
© PCGS

2 Reales Countermark on Spain - Madrid 2 Reales KM# 412.

 
Silver (.903) 6.77 g 26 mm
Description
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
References
Numista
N#78553
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.