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2400 Réis - Contermark 'MR' over 1 Thaler Austria 1704

Issuer Mozambique
Year 1765
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Value 2400 Reis
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Reverse script Latin
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Edge Milled
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Additional information

In 1765, Portuguese colonial authorities in Mozambique countermarked circulating European thalers to legitimize them for local trade — the crowned 'MR' punch (for *Moçambique Real*) converting foreign silver into sanctioned colonial currency at a fixed tariff value. The host coin here is an Austrian thaler of 1704, already six decades old at the time of countermarking, which speaks to how thoroughly worn foreign specie circulated in the Indian Ocean trade networks before official intervention.

Gomes catalogues this type as Jo 30, distinguishing it by host coin origin and date. The countermark placement and depth vary considerably across surviving examples, as the punching was done locally rather than at a metropolitan mint.

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