Bolivia 1729-P M 2 reales

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photo courtesy Stack's
Peru 1729 2 reales Stacks AN87242694-rz.jpg

The specimen shown is a 1729 cob two reales from the Potosi mint in Bolivia. The Potosi mint was the most prolific issuer of silver during the seventeenth and early eighteenth centuries, nearly all of it cobs such as this. This type was struck 1729-47 and superseded an earlier type (KM 29) which was .931 fine silver. The other Latin American mints placed the date near the edge where it rarely struck up, whereas Potosi issues have the date smack in the middle, ensuring that the date would be legible even if the rest of the design was smeared. As a result, Bolivian cobs can be collected by date, unlike the other mints (Mexico, Lima, Guatemala). The Potosi mint was the last to abandon the manufacture of cobs, in 1773.

Recorded mintage: unknown.

Specification: 6.77 g, .917 fine, .199 troy oz ASW.

Catalog reference: Cayón-8795, KM 29a.

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.
  • Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002

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