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Lot 508 | World Coins

Lot description

Great Britain. George III. (Cal-958 var). (Km-634). (S-3765A). Ag. 26,91 g. Bank of England oval counterstamp with the face of George III for circulation of 5 shillings, made in 1797 on a 8 reales minted in 1795-FM for Mexico during the reign of Charles IV. Very nice patina with some golden and bluish hues. Excellent eye appeal. Rare in this grade.

This counterstamp brought a latent discontent among the English people, given that one real of a 8 stamped was equivalent to a crown minus three pennies, namely 4 shillings and 9 pennies (1 crown = 5 shillings; 1 shilling = 12 pennies). It generated some humorous phrases such as "The Bank (of England) in order to make its money pass, stamped the head of a fool on the neck of an ass"
. AU/XF. Est...2000,00.

Starting bid
500 €
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