Historical Background
Ferdinand VII (1808-1833). 1/4 real. ND. Santo Domingo. (Cal-120). . 4,44 g. Struck over an 1813 Maracaibo bust Real of Ferdinand VII. Some nicks that appear to be typical of the process of re-striking. Very rare. It should be noted that the 1 real coin is much rarer than the 1⁄2 real. Only three examples are known to be un-restruck, and approximately nine examples are known to be re-struck. The coins have a very crude bust of Ferdinand VII on the obverse, and on the reverse the large letter M covering almost the entire field, with the date 1813 underneath.
The coinage is very weak and coarse, especially on the obverse. In the specimen we offer here we can see a part of the bust of Ferdinand VII. Research carried out by Luis Roberto Ponte at the Archivo General de Indias in Seville reveals that a total of 4,987 pounds (2,262 kilos), approximately 595,280 pieces (assuming they were all 1 real) were exported to Santo Domingo on 23 January 1815.
They were also Struck over an 1813 Santa Marta 1⁄4 real coinage, it is uncertain whether they belonged to the same dispatch. What is certain is that, apparently, almost all of the 1813 Maracaibo reales coinage was destined to be re-struck.
In conversation with members of the Dominican Numismatic Society, they suggested that, as there was no copper on the island to mint coins, the easiest alternative was to obtain already minted coins to be re-struck.
This is a very interesting specimen, which reveals, in a magisterial style, the difficulties of the war of independence, as well as the human creativity to adapt to them . Choice F. Est...500,00.
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