Caracas 1821-BS 2 reales
This specimen is a silver two reales issued by the royalists in Caracas, Venezuela, during the wars of independence. "F7" stands for Ferdinand VII, king of Spain, and the design is inspired by the Bolivian cobs which circulated freely in the region. The fineness is not known but is likely to be lower than the standard .896 silver used at the major mints (Lima, Potosi, etc.). The SCWC records another variety (KM C6.1) with the lions and castles reversed and warns of numerous counterfeits.
This specimen was lot 26164 in Heritage sale 3032 (Chicago, April 2014), where it sold for $3,055. The catalog description noted, "Ferdinand VII 2 Reales 1821-BS, Caracas mint, XF45 NGC. Gentle wear and old toning in a very attractive specimen of this very scarce date. Struck from the same reverse (or obverse, per Stohr) dies as the previous lot, but from a different obverse die, showing traces of an 'A' letter at the end of PLVS VLTRA. A rare condition for this date, also worthy of much attention from the collector of this fascinating series."
Recorded mintage: 110,000.
Specification: 4.3-5.3 g, debased silver.
Catalog reference: Stohr-11-C6 (var. d), KM C6.2.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón9-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.
- Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3032, Dallas, TX: Heritage Auction Galleries, 2014.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.