The 1820 2 Reales struck under Fernando VII, also known as Royalist coinage, is a significant piece of currency from Spain's colonial period in South America. During this time, there was a struggle for power between Royalists who supported the Spanish monarchy and Patriots who were fighting for independence. This coin features the portrait of Fernando VII on the obverse and the Spanish coat of arms on the reverse. The Royalist coinage is highly prized by collectors for its historical significance and serves as a reminder of the political turmoil that defined South America's fight for independence.

This coin has been encapsulated and graded AU50 by PCGS.

Note: sticker residue is also present on the top area of the back side of the PCGS slab (Refer to 4th image)