The 2 Chilean reales minted between 1843 and 1852 represent one of the most iconic series in Chilean numismatics. These coins, known for their distinctive design of the condor breaking chains, are highly valued by collectors for their patriotic symbolism and historical significance in the post-independence period.
History of the 2 Reales of Chile
The 2 Reales series was introduced in 1843, in the context of the consolidation of the Republic of Chile following its independence. The design of the condor breaking chains, created by the English artist Charles Wood, symbolizes the freedom and strength of the emerging nation. These coins circulated until 1852, when the decimal system was implemented, replacing the real with the Chilean peso.
Technical Specifications and Dimensions
Diameter 23mm
Weight in grams: 5.7 grams
Characteristics of the song: Striated
Design and Representation of the Currency
Obverse: It features a condor breaking chains, accompanied by the legend “FOR REASON AND STRENGTH” and the value indication “10 Ds. 20 Gs.”
Back: It shows the national coat of arms of Chile surrounded by a laurel wreath, with the inscription “REPUBLIC OF CHILE“, the denomination”2 R“, the mint mark and the year of minting.
Design symbolism: The condor symbolizes freedom and the breaking of colonial chains, while the shield and laurel wreath represent the sovereignty and triumph of the nation.
Composition of the Currency
The 2 Reales coins in this series were minted with a silver purity of 90.2% (0.902 fineness), with no significant changes in their composition during the issue period. This high purity contributes to their numismatic value and appeal to collectors.
Manufacturing Mints and Mint Marks
All coins in this series were minted at the Santiago Mint and are identified by the "So" mint mark. The assayers' initials, such as "IJ," "JM," "ML," and "LA," also appear on the coins, providing information about those responsible for their production.
Below is a table with relevant information about the coins, including the year and mint mark:
| Date | Notes |
|---|---|
| 1843 So IJ | |
| 1844 So IJ | |
| 1845 So IJ | There is a variety with an overdate. |
| 1846 So IJ | There is a variety with an overdate. |
| 1847 So IJ | |
| 1848 So JM | There is a variety with an overdate. |
| 1849 So ML | |
| 1850 So LA | There is a variety with an overdate/there is a variety with an overpunch |
| 1851 So LA | |
| 1851 So LA | Error: GHILE |
| 1852 So LA |
Information partially obtained from numist
Current Numismatic Value
The value of 2 Reales coins varies depending on the year of minting, the assayer's mark, and the state of preservation.
Examples of auction prices:
- 2 Reales de Chile 1843 So IJ, AU58: Fetched $720.00 USD in 2019
- 2 Reales de Chile 1852 So LA, Fine: Reached $175.00 US dollars in 2023
The Chilean 2 Reales series (1843–1852) is a significant representation of the country's national identity and monetary history. Their symbolic design and high purity make them valuable pieces for collectors and numismatic scholars.
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Some images shown in this article were obtained from Stack's Bowers, for illustrative and educational purposes.
