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Hard Times Token - Planters Bank Counterstamp on 1/4 Spanish 8 Reales

Location United States
Year 1811-1815
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Shape Irregular
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Obverse description Obverse of a quarter-cut section of a Spanish 8 Reales cob coin, showing a circular chain border counterstamp applied by the Planters Bank with the initials 'P.B.' in the central field. The host coin's original devices are largely worn and obscured beneath the counterstamp.
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Obverse lettering PB
Reverse description Reverse of the quarter-cut Spanish cob host coin bearing a circular counterstamp enclosing a spread eagle device above a crowned shield, with a partial outer legend reading 'NOUVELLE ORLEANS' around the perimeter. The word 'BAD' appears as an additional counterstamp in the field, indicating the piece was declared invalid or counterfeit by a subsequent authority.
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