2 Bit Countermark

Emitent Barbados
Rok 1718
Typ Emergency coin
Hodnota 2 Bits (3⁄40)
Měna Pound sterling (1627-1970)
Složení Silver (.833)
Hmotnost 5.55 g
Průměr
Tloušťka
Tvar Round
Technika Countermarked
Orientace
Rytci
V oběhu do
Reference
Popis líce Countermarked Spanish 2 Réales displaying lions and castles.
Písmo líce Latin
Opis líce I
Popis rubu Spanish 2 Réales displaying coat of arms.
Písmo rubu Latin
Opis rubu
Hrana
Mincovna
Náklad 1718 - -
ID Numisquare 4286052450
Další informace

Historical Context: The 1718 Barbados 2 Bit Countermark emerged under King George I, amidst acute currency shortage in British West Indies colonies. Barbados, a vital sugar producer, urgently required coinage for trade. Lacking a mint, the island utilized diverse foreign silver, predominantly Spanish-American reales. This '2 Bit' countermark was a crucial government initiative, validating foreign coins for local circulation, assigning a fixed value, and preventing their export, thus stabilizing the colonial economy.

Artistry: The 'artistry' of this countermark is purely functional; no specific engraver is attributed. The punch was a utilitarian tool. Its design typically features a simple numerical '2' or 'II,' often with an

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