Chile's Casa de Moneda de Santiago was established in 1743 under Spanish colonial authority and continued striking coins after independence essentially without interruption, which is precisely why early Republican-era issues like this one are so often misread as colonial holdovers. The 2 Reales denomination persisted well into the 1830s despite Chile having been independent since 1818, a practical concession to a population that trusted familiar denominations over newly branded republican coinage.
KM#92 was struck during the presidency of Joaquín Prieto, whose conservative administration stabilized the currency after years of post-independence fiscal disorder.
Chile's Casa de Moneda de Santiago was established in 1743 under Spanish colonial authority and continued striking coins after independence essentially without interruption, which is precisely why early Republican-era issues like this one are so often misread as colonial holdovers. The 2 Reales denomination persisted well into the 1830s despite Chile having been independent since 1818, a practical concession to a population that trusted familiar denominations over newly branded republican coinage.
KM#92 was struck during the presidency of Joaquín Prieto, whose conservative administration stabilized the currency after years of post-independence fiscal disorder.