Cuba (1872-77) 2 reales KM-R1

Stack's Bowers 2023 NYINC sale, lot 40307

Stack's Bowers 2023 NYINC sale, lot 40328

from the Mountain Groan Collection

The first specimen was lot 40307 in Stack's Bowers NYINC sale (New York, January 2023), where it sold for $408. The catalog description^[1] noted, "CUBA. Cuba - Mexico. 2 Reales, ND (1872-77). PCGS VG-10. Countermark: Variety A, Short and thick key. Applied to the obverse of a 1826-Mo JM Mexico Republic 2 Reales (KM-374.10). An EXTREMELY RARE and seldom encountered early date host for this series." The second specimen was lot 40328 in Stack's Bowers NYINC sale (New York, January 2023), where it sold for $840. The catalog description^[1] noted, "CUBA. Cuba - Mexico. 2 Reales, ND (1872-77). PCGS FINE-15. KM-R1. Countermark: Variety B, Long and thin key. Applied to the obverse of a 1842/1-Pi JS Mexico Republic 2 Reales (KM-374.11). A VERY RARE early date host for this series." This countermark was applied to various Mexican and U.S. coins during the Ten Years War (1868-78), the first major revolt against Spanish rule. The second revolt, beginning in 1896, attracted American support, leading to the Spanish-American War of 1898. Cuba received her independence in 1903 at the cost of becoming an American client state.

Recorded mintage: unknown.

Specification: host coin 6.77 g, 0.903 fine silver.

Catalog reference: KM-R1.

Source:

Byrne, Ray, Coins and Tokens of the Caribees, Decatur, IL: Jess Peters, Inc., 1975.
Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
^[1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The January 2023 NYINC Auction: Ancient Coins, World Coins & Paper Money, featuring the Taraszka Collection and the Mark and Dottie Salton Collection, Costa Mesa, CA: Stack's Bowers LLC, 2022.

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Cuba (1872-77) 2 reales KM-R1

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