1 Quarto (James Spittle) 1820 front 1 Quarto (James Spittle) 1820 back
1 Quarto (James Spittle) 1820 photo
© Heritage Auctions

1 Quarto James Spittle

1820 year
Copper 4.47 g 20 mm
Description
Issuer
Gibraltar (British Overseas Territories)
Type
Token
Year
1820
Value
1 Quart (1⁄24)
Currency
Real (1802-1861)
Composition
Copper
Weight
4.47 g
Diameter
20 mm
Thickness
2 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
1825
Updated
2024-10-08
References
Numista
N#85939
Rarity index
87%

Reverse

The Moorish castle, value around, date in exergue.

Script: Latin

Lettering:
VALE UN QUARTO
1820

Edge

Plain

Interesting fact

The Token 1 Quarto coin was issued during a time when there was a shortage of official currency in Gibraltar, and local merchants and traders began issuing their own tokens to facilitate trade. James Spittle, a local merchant, issued a series of copper tokens, including the 1 Quarto coin, which was worth one-fourth of a Gibraltar pound. Despite being issued by a private individual, the Token 1 Quarto coin was widely accepted and used in the territory. Today, it is a rare and sought-after collector's item, with some examples selling for thousands of dollars.