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8 Reales - Isabella II Countermark on Argentina 8 Reales
| Issuer | Philippines |
|---|---|
| Year | 1834-1837 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | 40 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Edge | Reeded |
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| Mintage | Log in to see details |
| Additional information |
Spain authorized the countermarking of foreign silver coinage circulating in the Philippines as a stopgap measure during a period of chronic coin shortages in the archipelago. Acceptable host coins were predominantly Spanish colonial eight reales from mainland American mints, and Argentine pieces — struck at Potosí and Buenos Aires during the turbulent years following independence — entered circulation in sufficient numbers to warrant official recognition. The countermark effectively nationalized foreign silver without the expense of reminting.
Argentine eight reales of this period are notoriously inconsistent in silver fineness, which occasionally caused friction with the countermarking authorization.