© Heritage Auctions
© Heritage Auctions
4½ Bits Counterstamp on Peru 2 Reales KM# 76 ND
| Silver (.903) | - | - |
| Issuer | Saint Vincent and the Grenadines |
|---|---|
| Type | Standard circulation coin |
| Years | 1811-1818 |
| Value | 4½ Bits (0.4) |
| Currency | Saint Vincent Dollar (1797-1818) |
| Composition | Silver (.903) |
| Shape | Round |
| Demonetized | Yes |
| Updated | 2024-10-07 |
| Numista | N#283195 |
|---|---|
| Rarity index | 97% |
Reverse
Coat of arms between two pillars
Script: Latin
Lettering: HISPAN·ET IND·REX·LIMAE·2R·M·I·
Interesting fact
One interesting fact about this coin is that it was created as a form of currency for the island of Saint Vincent and the Grenadines during a time of economic hardship. The coin was made from silver and features a unique counterstamp, which was added to a pre-existing Peruvian 2 Reales coin. This process of counterstamping was a common practice during this time period, as it allowed for the creation of new coins without the need for a full minting process. The use of a counterstamp also allowed for the coin to be easily identifiable as coming from Saint Vincent and the Grenadines, which helped to establish the island's economic independence.
