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50 Réis - Luiz I Countermark 'Crowned PM' over 6 Pence/Victoria

Issuer Mozambique
Year 1889
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Value 50 Réis
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Reverse lettering SIX PENCE
Edge Reeded
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Additional information

In 1889, Portuguese colonial authorities in Mozambique faced a chronic shortage of small change and authorized the countermarking of circulating British silver — specifically Victorian sixpences — for local use at a revalued 50 réis. The crowned "PM" punch, standing for *Província de Moçambique*, was applied at Lourenço Marques to coins already worn by British colonial commerce along the East African coast.

Gomes records only one recognized variety for this type, Lu 06.01, suggesting the countermarking operation was brief and tightly controlled rather than a prolonged makeshift measure.

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