Ecuador (1831) 2 reales KM-8
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 11395 in Stack's Bowers NYINC sale (New York, January 2018), where it sold for $1,080. The catalog description[1] noted, "ECUADOR. (1831) Moneda de Quito 2 Reales. Quito mint. Good-6 (PCGS). Script "MDQ" countermark on an 1821-BaJF Cundinamarca 2 Reales, KM-C5. Nice light silver gray with excellent eye appeal. A minor lamination is present at the central reverse, some subtle marks, but the counterstamp is very bold. 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-8.
- 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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