Spain 1846-Seg 2 maravedis

Ponterio sale 164, lot 2992

photo courtesy Stack's-Bowers LLC

This specimen was lot 2992 in Ponterio sale 164 (New York, January 2012), where it sold for $264.50. The catalog description^[1] noted, "SPAIN. 2 Maravedis, 1846. Segovia Mint. PCGS MS-64 RD." The Spanish mints feature large issues of a variety of copper coins which did not circulate at all in the Spanish American colonies. In the predecimal system which obtained until 1847, 34 maravedis = one real of silver. This two maravedis was worth 1/17 of a real; history does not record the reason for the odd division. This type was struck in Jubia, Madrid, Segovia and Barcelona 1837-50 and was accompanied by copper one, four and eight maravedis. The type is not scarce and this mint is the commonest of the three.

Recorded mintage: unknown but common.

Specification: copper.

Catalog reference: Cayón-16574, KM 532.4.

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, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Ponterio, Richard, Ponterio sale 164: The January 2012 N.Y.I.N.C. Auction, Irvine, CA: Stack's Bowers LLC, 2011.

Links to:

• 1841-Seg 2 maravedis
• Catalonia 1846 6 cuartos
• 1846-J^A 4 maravedis
• 1846-Seg 4 maravedis
• 1846-Seg 8 maravedis
• 1846-B 80 reales
• 1847-Seg 2 maravedis
• Coins and currency dated 1846
• return to Spanish pre-decimal coinage (maravedis, reales and escudos)