1758 JAMAICA Silver "5 PENCE" Jamaican >GR< COUNTERSTAMP on a HALF REAL of PERU

Description

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1758 JAMAICA Silver "5 PENCE" Jamaican >GR< COUNTERSTAMP on a HALF REAL of PERU
1758 JAMAICA Silver "5 PENCE" Jamaican >GR< COUNTERSTAMP on a HALF REAL of PERU
Description
This is a rare, silver
"5 Pence"
from Jamaica. It had started out as a
"Pillar Type"
One Half Real in 1758 when it was struck at the Lima mint in Peru. But somehow it got itself to the Caribbean island of Jamaica where it was counterstamped or countermarked on both sides, turning it into a
"5 Pence"
piece.
In 1758 The Jamaican Assembly authorized stamping a certain amount of Spanish milled coinage, thus producing the first authorized silver coinage for Jamaica. A "G M" monogram was the official Jamaican counterstamp but the coins were all stamped on both sides. Apparently with differing reverse marks. This is one of those rare pieces.
Weight: 1.49 Gram, 17 Millimeter, .903 Silver.
"Standard Catalog of World Coins"
(1701-1800)
by Krause-Mishler
. Jamaica
#1.
3. on Peru
#5
1.
Obverse:
FRD • VI • D • G • HISP • ET • IND •
Ferdinand VI, by the grace of God, Spain and the Indies.
•
Crowned Spanish arms showing the lions of Leon and the castles of Castile, surmounted by the lilies of Bourbon France
(added after the War of the Spanish Succession)
. The pomegranate at the bottom is for Granada. • Large G R Counterstamp.
Reverse:
VTRA QUE VNUM •
Both are one, referring to both the old and new worlds.
• LM
(Lima mint mark)
• 1758 • JM
(Lima mint assayer's initials)
•
Two crowned globes representing the old and new worlds, waves below, the crowned pillars on each side represent the pillars of Hercules or the straits of Gibraltar. Ribbons on the pillars show the motto: PV VL
(and more)
.
The Coin:
A very nice example, it earned the dirt and marks but it does not look like it saw a lot of use as there is very little wear. A rare coin. As grading is subjective please see the pictures and judge for yourself.
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(
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About Us
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