Great Britain (1804) dollar
The 1790's and early 1800's saw one of the recurring shortages of coin in England as she engaged in her titanic struggle wih Napoleon. The Bank of England attempted to alleviate this by countermarking Spanish colonial pesos with a punch bearing the head of George III. When this countermark was enthusiastically counterfeited, the bank resorted to counterstamping the entire coin. Most survivors were struck on Mexican or Peruvian pesos. At the time, the Spanish peso was not worth five shillings but only about four shillings and ninepence. Unlike the famous United States 1804 dollar, this coin is not a major rarity.
Recorded mintage: unknown.
Specification: 27 g, silver, .896 fine.
Catalog reference: KM 656.
- Lobel, Richard, Mark Davidson, Allan Hailstone and Eleni Calligas, Coincraft's Standard Catalogue of English and UK Coins, 1066 to Date, London: Coincraft, 1995.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.