Great Britain (1797) $1 Counterstamp on Charles IV 1791 8 Reales S.3765a

Great Britain (1797) $1 Counterstamp on Charles IV 1791 8 Reales S.3765a

Regular Price $1,250.00 $0.00
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(1797) $1 Oval Countermark on Charles IV Lima Mint 1791 F.M 8 Reales S.3765a

Host=FINE+  C/M=VF

(Catalogue Value $1500-VF)

For quite a number of years during the early part of King George III's reign there were no silver half crowns  and crowns struck because of a shortage of the metal.  A large number of captured Spanish American silver Half Dollars and Dollars (4 & 8 Reales) were available and were being unofficially used as currency. It was decided by the mint in 1797 to Countermark (C/M) the obverse of each with an oval stamp featuring the head of George III with a nominal value of 4 shillings and ninepence.

A couple of sayings that the product depicted "The head of a fool on the neck of an ass" and "Two King's  heads are not worth a crown".

It soon became apparent large quantities of coins bearing forged C/M's were in circulation. The C/M's shape and size were altered around 1804 and the obverse featured an octagonal stamp with a larger head of the King similar to those on the silver Maundy Penny. Both the $1/2's and $1's were to be known as emergency coinage with the host coin being struck from various Spanish American mints.

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Wynyard Coin Centre will attempt to exchange (if available) or provide a refund for any items delivered damaged or unsatisfactory when returned in original, undamaged condition with all product components as supplied within 14 days of receipt.

Cancelled items/orders for customer change of mind or return without major problem (in original condition) will be refunded less postage charges and any merchant fees (PayPal 2.6%, VISA/Mastercard, Shop Pay, Apple Pay & Google Pay 1.6% + $0.30) associated with accepting the original payment within 28 days of purchase. 

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