2 Reales

The Casa de Moneda de Quito operated under chronic difficulties throughout the early republican period — underfunded, intermittently staffed, and dependent on silver supplies from mines whose output had collapsed during the independence wars. Ecuador's monetary situation in the 1830s was further complicated by the country's brief, turbulent absorption into Gran Colombia, which dissolved in 1830, leaving the new republic to establish its own fiscal infrastructure from scratch.

KM#14 is frequently encountered with uneven surfaces and inconsistent edge treatment, a product of the Quito mint's documented equipment limitations rather than wear. Specimens struck closer to 1833 tend to show cruder workmanship than later dates in the run.