7-½ Reales (LCV - Royalist countermarked coinage) ND front 7-½ Reales (LCV - Royalist countermarked coinage) ND back
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7-½ Reales (LCV - Royalist countermarked coinage) ND

 
Silver 25.38 g -
Description
Issuer
State of Veracruz (Mexican States)
Type
Standard circulation coin
Value
7½ Reales (7.5)
Currency
Real (1535-1897)
Composition
Silver
Weight
25.38 g
Shape
Round
Technique
Countermarked, Counterstamped, Milled
Demonetized
Yes
Updated
2024-10-06
References
Numista
N#57696
Rarity index
97%

Reverse

LCV stamped on this side of the host coin.

Script: Latin

Lettering: L.C.V.

Unabridged legend: Las cajas de Veracruz

Translation: The City of Veracruz cashiers

Comment

Note: Countermark LCV and 7-1/2 on underweight 8 Reales.

During their circulation, several of the silver and gold coins often got clipped to get some of the valuable metal off of them and still try to pass them at full value. People were clever enough to make the cuts or scrape-offs in a way that the coin didn't look reduced. But they eventually reached someone who would weight them instead of just accept them for their face value. When this occurred and the coin was underweight, it was sent for melt down. But during the War of Independence, the uprising armies didn't have the resources or time to melt them down to make new coinage, so instead they stamped them with the current weight and the monogram of the authority who weighed it.

In modern times, many fakes arose, as they where easy to make over very worn or damaged coins to try getting huge profits out of them.

Interesting fact

One interesting fact about this coin is that it was countermarked with a royalist symbol, indicating its loyalty to the Spanish crown, during a time of political turmoil in Mexico.