Catalog
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| Issuer | Spanish Colonial Government (Philippines) |
|---|---|
| Year | 1834-1837 |
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| Composition | Log in to see details |
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| Shape | Round |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Y • II • * 8R • Do • 1824 • J • M • 10Ds • 20Gs • |
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| Mintage | ND (1834-1837) - Host coin 1823-1824 |
| Additional information |
The Philippine countermark program was a direct response to a chronic coin shortage in the archipelago — Spanish colonial administrators, unable to supply enough locally minted specie, authorized the overstamping of circulating Mexican republican coinage to legitimize it for official transactions. The crowned "F 7" and later "Y II" punches (the latter for Isabella II, whose reign began in 1833) effectively naturalized foreign silver without the expense of a mint.
Counterfeiting of the countermark itself became a documented problem almost immediately, prompting tighter controls by 1837.