1 Bit ND (1731-1745) front 1 Bit ND (1731-1745) back
1 Bit ND (1731-1745) photo
© Dix Noonan Webb

1 Bit ND

 
Silver (.917) 2.45 g 20 mm
Description
Issuer
Martinique (Overseas France)
King
Louis XV (1715-1774)
Type
Standard circulation coin
Years
1731-1745
Value
1 Bit (0.01)
Currency
Countermarked Type I
Composition
Silver (.917)
Weight
2.45 g
Diameter
20 mm
Shape
Round with cutouts (With a heart-shaped hole)
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#157595
Rarity index
97%

Reverse

Cross with castles and lions in angles in
octolobe.

Script: Latin

Lettering:
1726
HISPANIARUM REX

Translation: King of Spain

Comment

Countermark (Crude heart-shaped hole) on Cuenca and Seville Spanish 1 Real, KM#306.

Interesting fact

One interesting fact about the 1 Bit ND (1731-1745) coin from Martinique is that it was minted during a time of great economic and political change in the French colony. The coin was introduced as part of a new currency system implemented by the French government to address the shortage of small denomination coins in circulation. The 1 Bit coin was equivalent to one-eighth of a French livre, and it was widely used in the French colonies in the Caribbean, including Martinique. Despite its small denomination, the coin was made of silver, which gave it a higher value than other coins made of base metals. Today, the 1 Bit ND (1731-1745) coin is a rare and valuable collector's item, highly sought after by numismatists and historians interested in the economic and cultural history of the French colonies in the Caribbean.