½ Dollar (Countermark on 1/4- cut Spanish or Spanish Colonial 8 Reales) ND (1797) front ½ Dollar (Countermark on 1/4- cut Spanish or Spanish Colonial 8 Reales) ND (1797) back
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½ Dollar Countermark on 1/4- cut Spanish or Spanish Colonial 8 Reales ND

1797 year
Silver - -
Description
Issuer
Saint Vincent and the Grenadines
Type
Standard circulation coin
Year
1797
Value
½ Dollar
Currency
Saint Vincent Dollar (1797-1818)
Composition
Silver
Shape
Quarter circle
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#101739
Rarity index
95%

Comment

Countermark on 1/4- cut Spanish or Spanish Colonial 8 Reales.

Interesting fact

One interesting fact about this coin is that it was created as a form of currency for the island of St. Vincent and the Grenadines during a time of economic hardship. The coin was made by countermarking a Spanish or Spanish Colonial 8 Reales coin, which was cut into quarters to create four smaller coins. This process of creating new coins from existing ones was a common practice during times of economic stress, and it allowed the island to continue to use the valuable silver from the Spanish coins while also creating new currency that could be used for everyday transactions.