Honduras issued several pattern pieces in the early 1870s as the government evaluated coinage options following Central American monetary reorganization. The copper-nickel composition of this 2 Reales pattern places it among a group of trial strikes almost certainly produced in anticipation of switching away from silver — a cost-driven consideration shared by numerous Latin American states during this period. KM#Pn11 is rarely encountered, and its appearance at auction is infrequent enough that auction records provide little comparative pricing data.
Honduras issued several pattern pieces in the early 1870s as the government evaluated coinage options following Central American monetary reorganization. The copper-nickel composition of this 2 Reales pattern places it among a group of trial strikes almost certainly produced in anticipation of switching away from silver — a cost-driven consideration shared by numerous Latin American states during this period. KM#Pn11 is rarely encountered, and its appearance at auction is infrequent enough that auction records provide little comparative pricing data.