Watch List notes:

Granada, Nicaragua, provisional "imitation cob" 1/2 real, 1824, with radiant Liberty Cap countermark (1824) of Leon, Nicaragua, on cross, very rare, ex-Richard Stuart. KM-5. 1.69 grams Very nice VF with full cross (with pomegranates instead of lions in quadrants) and full but weak countermark, full J-pomegranate-G (for Junta de Granada, pomegranate = granada in Spanish) above weak date on obverse (the date typically off the flan), no hole or damage. As Jara explains in his 2007 work Central American Provisional and Provincial Mints, the application of the Leon countermark on the Granada cobs "is hardly surprising: although these cities were bitter political rivals, the practical goal of allowing a coinage of acceptable quality to circulate always prevailed over purely political matters and one could expect the Granada coins to circulate in Leon and vice-versa." Pedigreed to the Richard Stuart collection.
($5000-7500)