7-¾ Reales (LCV - Royalist countermarked coinage) ND
| Silver | 26.225 g | - |
| Issuer | State of Veracruz (Mexican States) |
|---|---|
| Type | Standard circulation coin |
| Value | 7¾ Reales (7.75) |
| Currency | Real (1535-1897) |
| Composition | Silver |
| Weight | 26.225 g |
| Shape | Round |
| Technique | Countermarked, Counterstamped, Milled |
| Demonetized | Yes |
| Updated | 2024-10-06 |
| Numista | N#57697 |
|---|---|
| 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
Countermark LCV and 7-3/4 on underweight 8 Reales.During their circulation several of the silver and gold coins often got clippings to get some of the valuable metal out of them and still try to pass them at full value. People was clever enough to make the cuts or scrape offs in a way that the coin didn't looked reduced. But eventually they 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 Independence the uprising armies didn't had the resources or time to melt them down to make new coinage, so instead they stamped them with the current weight and the authority monogram who availed they weighted said number.
In modern times, many fakes arose, as they where easy to make on 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 part of a series of coins issued by the State of Veracruz during the Mexican War of Independence. These coins were minted with a countermark, which was a symbol or marking that indicated the coin's authenticity and value. The countermark on this particular coin features the letters "LCV" (which stand for "Leal Casa de la Moneda de Veracruz," or "Loyal Mint of Veracruz") surrounded by a wreath. This countermark was used by the Spanish colonial authorities to verify the coin's authenticity and to prevent counterfeiting.