2 Reales - Felipe IV Provisional countermarked coinage

Features

Issuer Guatemala
King Philip IV (1621-1665)
Type Standard circulation coin
Year 1663
Value 2 Reales
Currency Real (Colonial, 1733-1821)
Composition Silver (.931)
Weight 6.7667 g
Shape Cob
Technique Countermarked, cob
Demonetized Yes
Number N# 17172
Numista type number (https://en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html)
References KM# A1
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14th edition). Krause Publications, Stevens Point, Wisconsin, United States.
And 5 more volumes.

Mints

Lima, Peru (1565-date)
Potosi, Bolivia (1572-1953)

Comments

Provisional coinage; before Guatemala was able to mint their own coins they had a steady supply of currency from Bolivia, Mexico and Peru. These coins were then stamped by the local authority to ensure people would accept them for trade as they would be backed up by the regional authorities. These coins were stamped around the middle of the XVII century. Most of the coins weren't even stamped and just circulated as they were.
And this was enough for the region for a while, until later the commerce grew and a local mint became a necessity and their own coins started mintage in 1733.

Type I Crown counter-mark on:

KM#A1.1 - Host coin Lima 2 Reales KM/MB#9
KM#A1.2 - Host coin Bolivia 2 Reales KM#3

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Date VG F VF XF AU UNC Frequency
ND (1663) L 75% KM#A1.1; Host dates 1577-1589
ND (1663) PR 75% KM#A1.2; Host dates 1574-1579

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. Since some users own several versions, the sum may be greater than 100%.

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Numista Rarity index: 93 Search tips
This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Bullion value: USD 4.72 Search tips
This value is given for information purpose only. It is based on a price of silver at 750 USD/kg. Numista does not buy or sell coins or metal.

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