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    British Colony Six Bits (valued at Four Shillings and Sixpence) Authority of August 1813, KM6, Prid-27. Base coin Very Good, countermark Fine. A circular center segment from a Charles IIII Spanish Colonial 8 Reales, countermarked with a crowned 6 raised within a shaped indent. Per decree of the local authorities dated august 21, 1813, the whole Spanish dollars would had their centers removed. The ring would then be countermarked 4 times with a crowned 12 punch, and valued at 12 bitts. The center segment, such as the present piece, would be valued at 6 bitts. The total value for both pieces was thus 18 bits, a hefty premium versus the original 16 bitts value of the uncountermarked dollar. Needless to say, counterfeits soon plagued the issue. Countermarked dollars are extreme rarities with less than five examples known, including one contemporary forgery. Center segments such as the present lot are very scarce and popular.  The weight of this specimen at 8.54 grams is right for a worn piece (the official weight was 139 grains or 9 grams). Ex. Howard Gibbs (Hans Schulman 3/1966, lot 1421).

    Auction Info

    Auction Dates
    January, 2014
    20th-21st Monday-Tuesday
    Internet/Mail Bids: 13
    Lot Tracking Activity: N/A
    Page Views: 494

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