5 Pounds Plugged cob 8 escudos of Philip V; countermarked ND
1773 yearGold | 26.92 g | - |
Issuer | Jamaica |
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King | George III (1760-1820) |
Type | Standard circulation coin |
Year | 1773 |
Value | 5 Pounds |
Currency | Countermarked real (1655-1822) |
Composition | Gold |
Weight | 26.92 g |
Shape | Round (irregular) |
Technique | Counterstamped, Hammered (cob) |
Demonetized | Yes |
Updated | 2024-10-05 |
Numista | N#219197 |
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Rarity index | 95% |
Comment
Plugged Peru 8 escudos KM#38.1Jamaica 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 stamp or mark was added to the coin after it was minted, indicating that it was valid for use in a specific region or for a specific purpose. This practice was common in the past, especially in colonies or territories that were under the control of a larger power. In this case, the coin was countermarked with the letters "JA" to indicate that it was issued in Jamaica.