Jamaica (1758) 10 pence

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photo courtesy Heritage Auctions

The island of Jamaica was captured by the British in 1655, and formally ceded to them in 1670 by the Treaty of Madrid. Foreign silver abounded in this colony rich in sugar and wealth pirated offshore. In 1758 the Jamaican legislature authorized the countermarking of all denominations of Spanish colonial pillar reales, mostly from Mexico City and Lima. The countermark consists of the letters GR (George Rex)[1]. Effort appears to have been made to center the counterstamps, but did not always succeed.

This example was lot 24459 at the 2011 April Rosemont Signature World & Ancient Coins CICF Auction #3014 by Heritage Auctions and sold on Apr 2, 2011 for $920. the catalog description reads: "British Administration. 10 Pence (1758), VF20 NGC, GR counterstamp on a Peru Real 1757JM. A nicely toned example with a particularly bold countermark on the reverse. Very scarce."

Recorded mintage: unknown.

Specification: 3.40g of 0.917 fine silver.

Catalog reference: Pr-7, KM 3.

Source:

  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [1]Byrne, Ray, Coins, Tokens, & Medals from the West Indies, Jess Peters, Inc, auction catalog - Sale #78, June 13-15, 1975.

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