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8 Reales - Isabella II Countermark on Mexico 8 Reales

Issuer Spanish Colonial Government (Philippines)
Year 1834-1837
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Shape Round
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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.

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