Watch List notes:

ECUADOR. 2 Reales, 1847-GJ. Quito Mint. NGC VF-35.
KM-33. Boldly struck and well detailed with pretensions to a higher grade. Hints of luster remain in the protected areas.

This and most other Ecuadorean coins of the period were struck from 0.666 fine silver, accounting for their funky color.

Estimate: $100 - $160