Ecuador (1831) 2 reales KM-6

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from the Stack's Bowers 2018 NYINC sale, lot 11394
Ecuador SB118-11394r.jpg

This specimen is of a type issued by Ecuador in the first years of independence, after leaving the confederacy of Gran Colombia. No local minting of coins occurred until the 1830's; all issues prior are countermarks on colonial or independent South American coins.

This specimen was lot 11394 in Stack's Bowers NYINC sale (New York, January 2018), where it sold for $1,020. The catalog description[1] noted, "ECUADOR. (1831) Moneda de Quito 2 Reales. Quito mint. Good-4 (PCGS). Script "MDQ" countermark on an 1819-JF Nueva Granada 2 Reales, KM-76. Light silver gray with a bold countermark. Some trivial old hairline scratches are noted on the left side of the obverse. A scarce issue on a rare undertype. From the Eldorado Collection of Colombian and Ecuadorian Coins." This countermark was also applied to 1/4, 1/2, 1 and 8 reales from Colombia.

Recorded mintage: unknown.

Specification: 0.66 fine silver.

Catalog reference: KM-6.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Ponterio, Richard, Kyle Ponterio, John Kraljevich and Cris Chatigny, The January 2018 NYINC Sale: Ancient Coins, World Coins & Paper Money, featuring the Eldorado Collection of Colombian and Ecuadorian Coins, Santa Ana, CA: Stack's Bowers LLC, 2017.

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