✅ SOLVED Need help with Spanish silver

[trapperart]

My buddy found this 2 reale yesterday. We can't find it in the book with IR on the back they all seem to be FM. Any help is appreciated. Date 1775

 

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[Icewing]

This should help - Coin Values | Spanish Colonial Coins

 

[PaddyB]

That's because it was struck in Bolivia instead of Mexico. See Krause #53 page 93 in my Third Edition. It is actually JR but "I"s and "J"s were interchangeable at that time.

 

[Mackaydon]

The reason you can't find it may be because you are looking at Mexico City mintage--which does have the FM assayer's initials. What makes this coin different is the mint mark--it's from Potosi and the assayer's initials are JR. BTW, the date on your coin appears to be 1776, not 1775.
Don......
PS: Paddy beat me to it, congrats!

 

[trapperart]

Thanks guys for the info