2 Centavos counterstamped - Type 1

Honduras faced a chronic small-change shortage in the late 19th century, and rather than mint new coinage, the government authorized the counterstamping of existing copper pieces already in circulation. KM#49.1 represents the first of two distinct counterstamp types applied during this period, distinguished primarily by punch style. The host coins vary considerably — finding a specimen where both the underlying coin and the applied stamp are fully legible is the exception, not the rule.