© Heritage Auctions
© Heritage Auctions
2 Bits ND
| Silver | - | 28 mm |
| Issuer | Martinique (Overseas France) |
|---|---|
| King | Louis XV (1715-1774) |
| Type | Standard circulation coin |
| Years | 1761-1764 |
| Value | 2 Bits (0.02) |
| Currency | Countermarked Type I |
| Composition | Silver |
| Diameter | 28 mm |
| Shape | Round with cutouts (With a heart-shaped hole) |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#67383 |
|---|---|
| Rarity index | 95% |
Reverse
Script: Latin
Comment
Countermark (Crude heart-shaped hole) on Spanish 2 Reales, KM#297.Interesting fact
One interesting fact about the Standard circulation coin 2 Bits ND (1761-1764) from Martinique (Overseas France) made of Silver is that it was minted during a time of great economic and political change in the French colonies. The coin was issued during the reign of King Louis XV, who was facing financial difficulties due to the cost of wars and the lavish spending of the French court. To address these financial challenges, the French government decided to debase the currency by reducing the silver content of the coinage, which led to the minting of coins like the 2 Bits ND (1761-1764) from Martinique. Despite the economic challenges, the coin remains a valuable piece of numismatic history, offering a glimpse into the economic and political climate of the time.
