


© Heritage Auctions
10 Bits ND
Silver | - | 41 mm |
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 |
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.