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