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11 Bits Crenated center hole in Mexico 8 Reales, KM# 106
| Issuer | Dominica |
|---|---|
| Year | 1798 |
| Type | Standard circulation coin |
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|---|---|
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| Obverse lettering | CAROLUS·III· DEI·GRATIA 1773 |
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| Reverse script | Latin |
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| Additional information |
This is a counterstamped host coin, not an original Dominica issue. The Eastern Caribbean colonial authorities — facing chronic small-change shortages throughout the late 18th century — authorized the cutting and counterstamping of Spanish colonial 8 Reales to produce fractional currency. The crenated (toothed) center plug punched from this Mexico City 8 Reales circulated separately as a lower denomination, while the holed ring coin circulated as another. Two coins from one.
The KM#3.1 designation places this among the earliest documented Dominica countermark types. The 1798 Mexico 8 Reales host is a Carlos IV milled issue from the Mo mint.