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Luis I - 300 Réis Countermark 'CROWNED G.P.' over 1/2 Cruzado - João IV, Portugal

Issuer Azores
Year 1887
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Value 300 Réis
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Obverse description The obverse displays the host coin's original design, a Portuguese royal arms of João IV consisting of the crowned escutcheon of Portugal with the traditional five quinas and bordure of castles, set within a circular beaded border with a partial Latin legend surrounding the field. Two distinct countermarks have been applied to this face: a rectangular stamp bearing a crowned '300' denomination mark, and a smaller circular countermark showing the crowned initials 'G.P.' (for Governo Português), both struck over the original host coin's design as part of the 1887 revaluation for Azorean circulation.
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Edge Plain
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Additional information

The "Crowned G.P." countermark program of 1887 revalidated older Portuguese silver circulating in the Azores, authorizing coins of João IV's reign — struck more than two centuries earlier — for continued use under Luis I. The archipelago's chronic shortage of subsidiary coinage made such measures practical rather than ceremonial; shipping freshly minted coin from Lisbon was expensive and irregular enough that colonial administrators repeatedly fell back on countermarking whatever silver was at hand.

Gomes 24.01 is the first-listed variety in the series. The host coin's condition varies wildly, as the underlying 1/2 Cruzado had already seen generations of wear before the punch was applied.

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