Lot 2261 - World Coins

Lot description

Great Britain. George III. 1 dollar. (Km-634). (S-6765A). Ag. 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 for Mexico during the reign of Charles IV. Sharp and clear countermark. Lovely patina. Rare in this condition. Slabbed by PCGS as Genuine XF Details, Damage C/M XF Details on Mex 8R. 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". Est...700,00.

Starting bid
300 €
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Current bid
600 €
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Bid history ( bids)

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