Chile 1786-So DA 2 reales

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Aureo sale 246, lot 677

This specimen was lot 677 in Aureo y Calicó sale 246 (Barcelona, September 2012), where it did not sell. The catalog[1] noted,

"Carlos III (1759-1788). 1786. Santiago. DA. 2 reales. Golpecitos. Leve grieta. Rara. MBC-. (Charles III, 1759-88, two reales of 1786, Santiago mint. Nicks and cuts, slightly rough, rare, about very fine.)"

Harris[2] tabulates the Charles III two reales of Santiago as the fourth most abundant mint, after Mexico City (common), Potosi and Lima (each about half as common as Mexico) but it is still scarce. In 1785, the regime ordered all the mints to secretly debase the silver coinage from 0.903 fine to 0.896 fine. Altho this change is noted in the Mexican and Peruvian sections of the SCWC, it is not in the Chilean section. This specimen has conspicuous die cracks on the reverse.

Recorded mintage: 51,000.

Specification: 6.77 g, 0.896 fine silver, 196 troy oz ASW.

Catalog reference: Cayón-11660, KM 275, Cal. 1429.

Source:

  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
  • Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [2]Harris, Robert P., Pillars & Portraits, San José, CA: Bonanza Press, 1968.
  • [1]Sisó, Teresa, Eduardo Domingo and Lluís Lalana, Subasta Numismática, Barcelona: Aureo y Calicó Subastas, 2012.

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