El Salvador 1832 2 reales

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Ponterio sale 151, lot 9109
photo courtesy Ponterio & Associates
Heritage sale 3035, lot 33270
photo courtesy Heritage Auction Galleries
The first specimen shown is from a series of debased two reales struck in 1828-34 while El Salvador was part of the Central American Republic. All provisional two reales of this type are very rare. It was lot 9109 in Ponterio sale 151 (Baltimore, November 2009), where it sold for $1092.50. The catalog description[1] noted, "EL SALVADOR. Provisional Coinage. 2 Reales, (18)32. Obverse: (PO)R LA LIBERTAD DEL SAL(VADOR) Reverse: (MO)NEDA PROVISIONAL . (18)32 Backwards 'N' in MONEDA. RARE variety with 'S's flanking pillar. Uneven strike resulting in corresponding areas of weakness. Some original luster. EXTREMELY FINE+." The second specimen was lot 33270 in Heritage sale 3035 (Long Beach, September 2014), where it sold for $705. The catalog description[2] noted,
"Provisional 2 Reales 1832 Choice Very Fine - Extremely Fine, San Salvador mint, KM11.4 var., cf. Jovel p. 56-57. A far above average specimen of the 'Cornejo' 1832 provisional necessity issues, with only slight wear and probably XF and thus unusually choice for this very scarce and crude issue . Moreover, this example is of the far rarer variety with the 'Moneda Provisional' inscription on the volcano side instead of the column side. The Volcano side included the declaration of being a provisional coin only during 1828 and 1829; that political statement was moved to the column side for ALL the issues of 1832 -1833, and 1834 EXCEPT for this one example, the only such example confirmed by us. As such, its appeal and importance to the courageous specialists who undertake the daunting task of collecting this fascinating series can hardly be overestimated. We expect strong interest on this little jewel."

Recorded mintage: unknown.

Specification: 4.7 g, .750 silver.

Catalog reference: KM-11.16 var.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Ponterio, Richard, and Kent Ponterio, Ponterio sale 151: The 2009 Baltimore Auction, Irvine, CA: Bowers and Merena, 2009.
  • [2]Bierrenbach, Cristiano, and Warren Tucker, Heritage Signature Auction 3035, World and Ancient Coins, featuring the FoxLair Collection and the Law Collection, Dallas: Heritage Auction Galleries, 2014.

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