2 Reales - Agustín I

Agustín de Iturbide was crowned Emperor of Mexico in July 1822, less than a year after achieving independence from Spain — a political improvisation so hasty that the new empire's coinage had to be authorized and struck almost simultaneously with the coronation itself. The 2 Reales denomination continued the colonial real system unchanged, a deliberate choice to ease the transition for a population accustomed to Spanish monetary conventions.

The empire collapsed in March 1823, giving this type a production window of roughly eight months. Iturbide abdicated, went into exile, and was executed upon his return to Mexico in 1824.