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Auction 149  25 Sep 2018
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Lot 5071

Estimate: 900 GBP
Price realized: 6000 GBP
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St. Maarten

WORLD COINS, St. Maarten, Issues of c. 1797, Eighteen Stuivers, a cut quarter-segment of a Charles IIII, Spanish-American 8 Réales, assayer fm, Mexico City, obv. countermarked with design of seven bonded arrows raised within a shaped indent, 5.66g/87.3gr (Scholten 1415; Prid. p.258, fig. 35 [Sale –]; KM. –). Coin fine, countermark better, of the highest rarity; only three or four specimens recorded £900-1,200

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Provenance: Bt Baldwin 1988.

Without the benefit of the authorising documentation, it is not possible to say with certainty if the arrows-only countermark is an earlier or later issue to the coins countermarked cc/arrows/ib on the cut edges, or if these are all one issue and some segments did not receive all the countermarks. Pridmore states that the arrows countermark is later than the cc, but the coin evidence does not necessarily support this
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