© Heritage Auctions
© Heritage Auctions
5 Pounds Plugged cob 8 escudos of Philip V; countermarked ND
1773 year| Gold | 26.88 g | - |
| Issuer | Jamaica |
|---|---|
| King | George III (1760-1820) |
| Type | Standard circulation coin |
| Year | 1773 |
| Value | 5 Pounds |
| Currency | Countermarked real (1655-1822) |
| Composition | Gold |
| Weight | 26.88 g |
| Shape | Round (irregular) |
| Technique | Countermarked, Hammered (cob) |
| Demonetized | Yes |
| Updated | 2024-10-06 |
| Numista | N#219084 |
|---|---|
| Rarity index | 95% |
Comment
Plugged Peru 8 escudos KM#38.2Jamaica adopted Spanish gold currency standard with a weight rating of 26.96 grams for 8 escudos, and impose penalties of 3 pence per grain for the circulations of underweight cold coinage. Some underweight cobs were privately plugged to attain full weight and countermarked with a crocodile above initials GC. It is suspected this was done by George Clinton an area goldsmith.
Interesting fact
One interesting fact about this coin is that it was countermarked, which means that a new stamp or mark was added to the coin after it was originally minted. This practice was common in the 18th century, and it was used to indicate that the coin had been certified or authenticated by a particular authority. In this case, the countermark on the 5 Pounds coin from Jamaica features the letters "JA" inside a shield, which stands for "Jamaica Assembly" and indicates that the coin was issued by the Jamaican government. This countermark adds an extra layer of history and significance to the coin, making it a unique and interesting piece for collectors.
