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2 Reales - Fernando VII bust of Fernando VII

Issuer Casa de Moneda de Chile
Year 1812-1817
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Composition Silver (.896)
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Obverse description Laureate draped bust of Ferdinand VII facing right, rendered in the neoclassical style typical of Spanish colonial coinage of the period. The effigy features a ribbon-tied laurel wreath crowning the king's head, with the bust truncation visible at the lower edge of the field. The encircling legend reads FERDIN VII DEI GRATIA, divided by the bust, with the date 1817 positioned in the lower field below the portrait. The coin's milled border frames the design on all sides.
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Edge Chained
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Additional information

Chile's first locally designed coinage, this series broke from the portrait types being struck simultaneously in Lima and other royalist mints still loyal to the Spanish Crown. The bust of Fernando VII used here was engraved in Santiago rather than copied from a peninsular model, which is why the portrait differs noticeably from contemporary South American issues — a colonial mint asserting technical independence at a politically fraught moment, with Chilean patriots and royalists still actively contesting control of the country.

The Santiago mint changed hands between Patriot and royalist forces during the Reconquista of 1814, interrupting production entirely until 1817.

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