Madura Island (1811-54) ducaton KM-201.2
This specimen was lot 21067 in Stack's Bowers NYINC sale (New York, January 2020), where it sold for $1,680. The catalog description noted, "NETHERLANDS EAST INDIES. Madura Islands - Mexico. Madura Islands. Ducaton, ND (ca. 1811-54). Sultan Paku Nata Ningrat. PCGS VF-35 Gold Shield; Countermark: EF Details. Countermark variety S1d; Flower-like design in the shape of a diamond. VERY RARE one year type host coin. On a 1790-MoFM Mexico Transitional bust 8 Reales of Mexico. Countermark well applied and clear with good definition of the design. An attractive example with rich old cabinet tone. From the Kyle Ponterio Collection." The Dutch hold on the East Indies at this point was weak and the British captured Batavia more than once during the Napoleonic Wars. Dutch control was restored at the Congress of Vienna and was steadily expanded to include all of what is now Indonesia. This counterstamp, applied by a local despot on Madura Island off Java, is found on various Dutch, Austrian and Mexican silver coins circulating in the area.
Recorded mintage: unknown.
Specification: 27.07 g, 0.896 fine silver (host coin).
Catalog reference: cf.KM-201.2 (for transitional bust type).
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
- Orsini, Matt, Richard Ponterio and Kyle Ponterio, The January 2020 NYINC Sale: Ancient Coins, World Coins & Paper Money, Santa Ana, CA: Stack's Bowers LLC, 2019.