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Stack's Bowers & Ponterio
May 2023 World CCO Auction  16-19 May 2023
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Lot 71359

Starting price: 60 USD
Price realized: 260 USD
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EL SALVADOR. El Salvador - Mexico. 2 Reales, ND (1868). PCGS FAIR-02; Countermark: VF Details.
KM-60. Type V, arms of El Salvador within dentilated circular border. Issued by decree of 28 September 1868. Applied to the reverse of a Mexico City 2 Reales of Charles IV (KM-91). Struck on a heavily circulated colonial Mexican host, this SCARCE countermark issue offers much originality and eye appeal. While the host coin's final two date digits are illegible, the coin must have been struck between 1792 and 1799. The monarch's name is quite distinct and the mintmark is faint but identifiable on the reverse. The countermark, by contrast, is rather bold despite some evident die wear. A nice example of this interesting and seldom-seen type.

Estimate: $100 - $200
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