Watch List notes:

FERNANDO VII (1808-1833). 1 Real. (Ar. 2.44g / 18mm). 931. Caracas. (Cal-2019-509). Insurgent coinage. It could be an inspiration from an old Potosí machine from 1693. Very Fine. Very rare specimen. In convulsive moments of all kinds, as in any war worth its salt, regardless of its intrinsic function, the currency plays a role as an indisputable political weapon. The mere fact of being able to mint money endows the side with a certain legitimacy as well as showing a certain power. For this reason, it is at least curious that a coin minted by the pro-independence side is inspired by a potosina macuquina from the late seventeenth century, an emblematic piece of the Spanish Empire. Apart from this curiosity, the special rarity of this piece lies in the module (1 Real) since it is normal to find them with the upper module of 2 reales.