Owner Comments:
Mexico 1842/32 DO RM 2 Reales
NGC VF30
A very rare coin. Mexico 1842/32 DO RM 2 Reales. A desirable Durango Mint coin; NGC has only graded two, this piece and one in VF35. PCGS has not graded any. A late die state. As shown on slab, ex. Eric P. Newman Collection.
Shown is an 1842DoRM two reales, one of a type struck at the Durango mint 1826, 1832-35 and 1841-61. Assayer RM (Ramon Mascarenas) is recorded for the years 1830-48. The Durango two reales is considerably scarcer than the catalog indicates but makes up for it with a fascinating local design, the large eagle is distinctive to this mint. This specimen is the 1842/32 overdate; no regular date is reported.
Many consider the Durango mintmark to be common on pre-decimal issues but that is only true of the eight reales and half escudos. The half, one and two reales are scarce to rare and no four reales are known to exist.
Recorded mintage: unknown.
Specification: 6.77 g, .903 fine silver, .196 troy oz ASW.
KM 374.4.