Spain 1824-M AJ 2 reales

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Stack's Bowers 2024 NYINC sale, lot 54440
SB124-54440 rev.jpg
from the Mountain Groan Collection
Spain 1824M 2 reales rev DSLR.jpg

This specimen was lot 54440 in Stack's Bowers NYINC sale (New York, January 2024), where it sold for $720. The catalog description[1] noted, "SPAIN. 2 Reales, 1824-M AJ. Madrid Mint. Ferdinand VII. NGC MS-66. A stunning example, this supremely argent and fully radiant minor exudes tremendous eye appeal and stands as one of the finest of the date observed." By 1824, Napoleon was dead and Ferdinand was securely on his throne. Most of Spain's American colonies had secured their independence tho the fighting in Peru continued. This type was struck in Madrid (shown here) 1814-33, in Seville 1815 and 1820-33 and in Cadiz 1810-12 only. Lower in fineness than contemporary Latin American issues, they were discounted in international trade. Tho priced fairly cheaply in the SCWC, this type is very difficult to find at U. S. coin shows.

Recorded mintage: unknown but fairly common.

Specification: 6.77 g, 0.812 fine silver.

Catalog reference: Cayón-15613, KM-460.2; Cal-840.

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 Felipe VI, 1474 a 2020, Barcelona: Aureo & Calicó, 2019.
  • 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, January 2024 NYINC Auction, featuring the Emilio M Ortiz Collection and a Symphony of Russian Rarities, the Rothschild-Piatigorsky Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.

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