10 Bits ND (1761-1764) front 10 Bits ND (1761-1764) back
10 Bits ND (1761-1764) photo
© Heritage Auctions

10 Bits ND

 
Silver - 41 mm
Description
Issuer
Martinique (Overseas France)
King
Louis XV (1715-1774)
Type
Standard circulation coin
Years
1761-1764
Value
10 Bits (0.10)
Currency
Countermarked Type I
Composition
Silver
Diameter
41 mm
Shape
Round with cutouts (With a heart-shaped hole)
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#67385
Rarity index
94%

Reverse

Script: Latin

Translation: Philip V, by the grace of God, king of Spain and India.

Comment

Countermark (Crude heart-shaped hole with bevelled edge) on Mexico City 8 Reales, KM#103.

Interesting fact

The 10 Bits coin from Martinique was minted during a time of great change and upheaval in the French colony. In 1763, the French government passed the "Edict of Roussillon," which abolished the slave trade in the French colonies. This had a significant impact on the economy of Martinique, which had previously relied heavily on slave labor to produce its sugarcane and other crops. The 10 Bits coin was minted during this time of transition, and its production was likely affected by the changing economic and social landscape of the island.