(sold for $5287.0)
1814,
VENEZUELA. Maracaibo. 2 Reales, 1814. NGC VF-25.
KM-5. Date variant with small upright "4". RARE. War of Independence era type struck in imitation of Spanish Colonial cob coinage. Attractive grey toning with darker areas accenting the devices.
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VENEZUELA. Maracaibo. 2 Reales, 1814. NGC VF-25.
KM-5. Date variant with small upright "4". RARE. War of Independence era type struck in imitation of Spanish Colonial cob coinage. Attractive grey toning with darker areas accenting the devices.
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As additional silver deposits were discovered in the colonial territories there was a pressing demand to export it to Spain as quickly as possible. To do this, starting in the reign of Philip II, the mints produced irregular coinage called cob ...
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