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Dummy text dummy text dummy text Dummy text dummy text dummy textobverse and from the esteemed Pridmore Collection.
A Government Proclamation on 2 November 1814 ordered that 7,920 Spanish Dollars, be expressly imported to be cut up and put into circulation.
The cut segments were counter stamped on the obverse with ‘TR’, ‘G’ and ‘4’: the TR relates to the moneyer, the G for Grenada. And the 4 for the value of 4 Bitts.
Testimony to its rarity and collector appeal, this coin sold for $7,700 on an estimate of $2,500 in 2007.
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On 8 December 1797, an Act was introduced to prohibit and control the importation of counterfeit coins into the colony of St. Vincent.
The Act also aimed to regulate and legitimise the currency by overstamping cut dollars with the stamp 'SV'.
The Act saw the formation of a Committee to oversee the stamping of the half dollars.
The Committee was required to affix the stamp SV within 30 days of the passing of the Act.
The Committee was also charged with the responsibility of punishing counterfeiters.
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Highly lustrous, the coin has original mint bloom on the reverse.
Historians have a fascinating insight into the extensive practice of counter stamping Spanish Silver Dollars in the 18th century with this piece.
The counter stamp ‘DC‘ on the obverse in a plain rectangular indent is unpublished.
There is some suggestion that it may have been used in the Danish Colonies of India.
(Denmark held colonial possessions in India for more than two centuries.)
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This cut silver dollar was issued in reponse to the passing of a Currency Act in Tobago on the 17 August, 1798.
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