2 Bit Countermark

Emittent Barbados
Jahr 1718
Typ Emergency coin
Nennwert 2 Bits (3⁄40)
Währung Pound sterling (1627-1970)
Material Silver (.833)
Gewicht 5.55 g
Durchmesser
Dicke
Form Round
Prägetechnik Countermarked
Ausrichtung
Stempelschneider
Im Umlauf bis
Referenz(en)
Aversbeschreibung Countermarked Spanish 2 Réales displaying lions and castles.
Aversschrift Latin
Averslegende I
Reversbeschreibung Spanish 2 Réales displaying coat of arms.
Reversschrift Latin
Reverslegende
Rand
Prägestätte
Auflage 1718 - -
Numisquare-ID 4286052450
Zusätzliche Informationen

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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