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8 Reales - Ferdinand VII Countermark on Mexico 8 Reales
| Issuer | Philippines |
|---|---|
| Year | 1832-1834 |
| Type | Log in to see details |
| Value | 8 Reals |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Log in to see details |
| Technique | Log in to see details |
| Orientation | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | F. 7. o CAROLVS · III · D · G · HISPAN · ET IND · REX · M F 8 (Translation: Carlos III by the Grace of God, King of Spain and the Indies.) |
| Reverse description | Log in to see details |
| Reverse script | Latin |
| Reverse lettering | Log in to see details |
| Edge | Log in to see details |
| Mint | Log in to see details |
| Mintage | Log in to see details |
| Additional information |
The Philippine countermark program of the early 1830s was a direct response to a chronic shortage of locally-minted currency. Rather than establish a functioning mint, the colonial administration authorized the overstamping of circulating Mexican 8 Reales — the workhorse coin of Pacific trade — with a crowned F7 punch to legitimize them as official Philippine currency. The host coins eligible for countermarking were typically milled pieces from the Mexico City mint, already well-worn from trans-Pacific circulation via the Manila Galleon trade routes.
Forgeries of the countermark were a known problem almost immediately after introduction.