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<p>[QUOTE="Gallienus, post: 24585064, member: 42034"]Just acquired last week or so. These are Ecudaorian Two Hills 4 reals, the largest denomination of the type made. I already had the 1841 so these two give me a complete date set of this 4 reales type. Unfortunately, they're both circulated but actually quite high grade. </p><p><br /></p><p>This is the Republic of Ecuador's 1st coin design.</p><p>Known as the "Two Hills Design" it was issued on the 1/2 - 2 reales starting in 1833.</p><p><br /></p><p>Due to the large number of counterfeit "Two Hills" 2 reales, their production was halted on 11 Oct, 1841. All of the other 2 Hills minors were also discontinued. The 4 reales of this design was then authorized on Nov 2nd, 1841 to remove them from circulation. Mintage commenced on 30 Nov and to discourage counterfeiting the 4R's had a very crude raised lettered edge: "MORAL INDUSTRIA". Fineness = .666 silver, 13.3 gr.</p><p><br /></p><p>They were well received by the public and were issued 1841 thru 1843.</p><p><br /></p><p>[ATTACH=full]1560834[/ATTACH]</p><p>Ecuador Two Hills 4 reals, 1842, NGC AU-53.</p><p><br /></p><p>[ATTACH=full]1560835[/ATTACH]</p><p>Ecuador Two Hills 4 reals, 1843, NGC AU-55.</p><p><br /></p><p>"For some time everyone has complained that no money circulates in this place other than counterfeit. The green and red pesetas [a peseta is the Spanish equivalent of 2 reales] which appear to have been made of old copper which has been used for the lining of ships are those which go into and come out of the Treasury, with which employees' salaries are paid, with which the government liquidates its debts,... with which merchants settle their accounts" Correo Semanal de Guayaquil, 24 Oct, 1841.</p><p><br /></p><p>This coin is also a <a href="https://coinsandhistory.com/countries/Latam_Bolivia/Boli_10.html#moneda%20feble" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://coinsandhistory.com/countries/Latam_Bolivia/Boli_10.html#moneda%20feble" rel="nofollow">Moneda Feble</a> issue.[/QUOTE]</p><p><br /></p>
[QUOTE="Gallienus, post: 24585064, member: 42034"]Just acquired last week or so. These are Ecudaorian Two Hills 4 reals, the largest denomination of the type made. I already had the 1841 so these two give me a complete date set of this 4 reales type. Unfortunately, they're both circulated but actually quite high grade. This is the Republic of Ecuador's 1st coin design. Known as the "Two Hills Design" it was issued on the 1/2 - 2 reales starting in 1833. Due to the large number of counterfeit "Two Hills" 2 reales, their production was halted on 11 Oct, 1841. All of the other 2 Hills minors were also discontinued. The 4 reales of this design was then authorized on Nov 2nd, 1841 to remove them from circulation. Mintage commenced on 30 Nov and to discourage counterfeiting the 4R's had a very crude raised lettered edge: "MORAL INDUSTRIA". Fineness = .666 silver, 13.3 gr. They were well received by the public and were issued 1841 thru 1843. [ATTACH=full]1560834[/ATTACH] Ecuador Two Hills 4 reals, 1842, NGC AU-53. [ATTACH=full]1560835[/ATTACH] Ecuador Two Hills 4 reals, 1843, NGC AU-55. "For some time everyone has complained that no money circulates in this place other than counterfeit. The green and red pesetas [a peseta is the Spanish equivalent of 2 reales] which appear to have been made of old copper which has been used for the lining of ships are those which go into and come out of the Treasury, with which employees' salaries are paid, with which the government liquidates its debts,... with which merchants settle their accounts" Correo Semanal de Guayaquil, 24 Oct, 1841. This coin is also a [URL='https://coinsandhistory.com/countries/Latam_Bolivia/Boli_10.html#moneda%20feble']Moneda Feble[/URL] issue.[/QUOTE]
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