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2 Reales Provisional coinage

Issuer El Salvador
Year 1828
Type Emergency coin
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Obverse description Central device depicts an erupting or smoking volcano rising above waves at the base, rendered in a crude but distinctive provincial style. The design is enclosed within a beaded inner circle, with a continuous Latin legend along the outer circle reading MONEDA PROVISIONAL F Ps. The date 1828 appears in the lower portion of the design beneath the volcano. The overall composition is characteristic of early Central American provisional coinage, with the volcano serving as a regional symbol of El Salvador.
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Edge Reeded
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Additional information

El Salvador declared independence from the Mexican Empire in 1823 and joined the Federal Republic of Central America, but the new federation struggled from the outset to establish a coherent monetary system. Individual states struck provisional coinage to fill the void. The 1828 Salvadoran issue was produced under extremely limited minting capacity, and examples show the characteristically crude workmanship of a state that had been a coin-issuing authority for only a handful of years.

KM#5 is genuinely scarce in any grade — the provisional coinage of Central American federation-era El Salvador was never struck in large numbers, and attrition over two centuries has been severe.

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