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5 Pounds - George II PHILIP V D G HISPAN ET IND REX, countermarked
| Issuer | Colony of Jamaica |
|---|---|
| Year | 1758 |
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| Composition | Gold (.917) |
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| Reverse description | Central design featuring the crowned royal cypher 'GR' (Georgius Rex) within an ornate cartouche surmounted by a royal crown, flanked by the mint mark 'MF' to the left and the denomination numeral '8' to the right, all surrounded by elaborate floral and rosette ornaments. A Jamaican counterstamp bearing the crowned 'GR' cypher is applied over the central device. The mint marks 'Mo' appear twice in the lower field, separated by a decorative cross motif. The surrounding legend INITIUM SAPIENTIAE TIMOR DOMINI runs along the upper periphery, with rosette stops punctuating the field. |
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| Mint | (Mo) Mexican Mint (Casa de Moneda de México), Mexico, Mexico (1535-date) |
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| Additional information |
This piece began life as a Spanish colonial gold coin — almost certainly a doubloon struck at one of the New World mints under Philip V — before Jamaican colonial authorities countermarked it for local circulation. Britain's Caribbean colonies routinely suffered chronic shortages of official sterling coinage throughout the eighteenth century, forcing governors to authorize foreign specie for domestic use by stamping it with local validation marks.
Philip V died in 1746, which places the host coin's manufacture somewhere in the first half of the century before Jamaica's 1758 countermarking. The KM#11.2 designation distinguishes this countermark variety from related issues in the series.