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4 Reales Countermarked

Issuer Cuba
Year 1872-1877
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Composition Silver (.903)
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Reverse lettering 4 Pl. 10D. 9Gs.
Edge Reeded
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Additional information

In the 1870s, Cuba's colonial administration faced a chronic shortage of small silver in circulation, partly because Spanish metropolitan coins were being hoarded or exported. The solution was crude but practical: existing foreign and domestic silver pieces were countermarked with an official punch authorizing continued local circulation at a revalued rate. KM#R2 specifically catalogues the countermarked 4 Reales type, with the punch applied to host coins of varying origin — meaning the underlying piece can differ substantially from example to example.

The host coin's condition before countermarking varied widely, and the punch itself was sometimes applied off-center or with uneven pressure.

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