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Stack's Bowers & Ponterio
January 2022 NYINC Auction  14-16 Jan 2022
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Lot 2193

Starting price: 600 USD
Price realized: 1800 USD
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CHILE. Valdivia. Emergency Issue 2 Reales, 1822. Chunimpa Mint. PCGS VF-30.
KM-2. One of the more intriguing issues of world coinage, these types were created after heavy looting during the Chilean War of Independence caused a massive shortage of coinage. The royalist leaning city of Valdivia was forced to issue these emergency pieces, made from silver from local families and merchants and struck at the estate of Chunimpa. The present example is poorly struck, even for the crudeness of type, but shows very little evidence of actual handling on the jet black surfaces.

Estimate: $1000 - $1500
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