1 Real Type V Countermark ND
1868 year| Silver (.931) | 3.4 g | - |
| Issuer | El Salvador |
|---|---|
| Period | Republic (1841-date) |
| Type | Standard circulation coin |
| Year | 1868 |
| Value | 1 Real |
| Currency | Real (1828-1889) |
| Composition | Silver (.931) |
| Weight | 3.4 g |
| Shape | Cob |
| Technique | Countermarked, Hammered (cob) |
| Orientation | Medal alignment ↑↑ |
| Demonetized | 23 August 1873 |
| Updated | 2024-10-04 |
| Numista | N#75434 |
|---|---|
| Rarity index | 95% |
Comment
Host coin Mexico MB/KM#9
A decree on September 28, 1868 ordered all worn, Spanish-American, 1 and 2 Real milled coins counter-stamped with one of these marks, to distinguish them from debased Spanish Provincial coins. Cob coinage was demonetized in 1873 with the assistance of the Guatemalan government. Individuals only had three days in which to redeem cob coinage for current coinage or promissory notes.
Interesting fact
One interesting fact about the 1 Real (Type V Countermark) ND (1868) coin from El Salvador is that it was minted during a time of political and economic turmoil in the country. The coin was issued in 1868, just a year after El Salvador had declared its independence from Spain, and the country was struggling to establish a stable government and economy. Despite these challenges, the coin was made with high-quality silver (.931) and has a unique design, featuring the national coat of arms and the denomination on one side, and the countermark of the issuing bank, the Banco Central de Reserva de El Salvador, on the other. This coin is a rare and valuable piece of numismatic history, offering a glimpse into the complex and fascinating story of El Salvador's early years as an independent nation.