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The Spanish Silver Dollar. Cut and counter stamped. (4 coins)


Spanish Silver Bit - Rev Quarter - Coin 1 - March 2018 -180214-1146
Spanish Silver Bit - OBV Quarter - Coin 1 - March 2018 -180214-1156
The Spanish Silver Dollar. Cut and counter stamped. (4 coins)
COIN
The Spanish Silver Dollar. Cut and counter stamped. (4 coins)
PRICE
Available individually
STATUS
Available now
QUALITY
As described below.
PROVENANCE
Barrie Winsor
COMMENTS
Dummy text dummy text dummy text Dummy text dummy text dummy text Offered in December of last year, Barrie Winsor’s Collection of cut and counter stamped Spanish Silver Dollars was a complete sell-out. Several collectors missed out altogether. And those that were fortunate enough to buy pieces from the collection were asking for more. It prompted us to go back to Barrie to establish whether he had a few more pieces tucked away. Barrie is at heart, a genuine collector, with a strong passion for colonial currency and we suspected that he might have a few more pieces to show us. And we were not disappointed. Four fascinating pieces from the British colonies of Grenada, Tobago, St Vincent and Guadelope. And the fifth piece, a very rare Lima Mint Silver Dollar with an unrecorded counter stamp. Together they re-affirm the might of the Spanish Silver Dollar as an international currency in the eighteenth and nineteenth centuries.
Spanish Silver Bit - OBV Quarter - Coin 1 - March 2018 -180214-1156
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Spanish Silver Bit Square-Rev Quarter-Coin 1-March 2018-180214-1146
Spanish Silver Bit Square-OBV Quarter-Coin 1-March 2018-180214-1156

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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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Dummy text dummy text dummy text Dummy text dummy text dummy text a plain rectangular indent with bevelled corners. 

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.

Spanish Silver Bit Square-REV Third-Coin 2-March 2018-180214-1169
Spanish Silver Bit Square-OBV Third-Coin 2-March 2018-180214-1175

Spanish Silver Bit Square-REV Square-Coin 3-March 2018-180214-1180
Spanish Silver Bit Square-OBV Square-Coin 3-March 2018-180214-1181

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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.

 

 

Spanish Silver Bit Square-REV counterstamp Quarter-Coin 4-March 2018-180214-1185
Spanish Silver Bit Square-OBV Quarter-Coin 4-March 2018-180214-1189


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