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Baldwin's of St. James's
Auction 27  13 Jan 2019
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Lot 287

Estimate: 16 500 USD
Price realized: 22 000 USD
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World Coins, St. Vincent, Authority from a Resolution of September 1811 (an additional issue authorised in a later Resolution dated July 1814), silver 12 bitts (1811-1814), valued at 9 shillings: a Mexico, Charles IV, 8 reales, 1802FT, Mexico City, with a large central hole, obv. countermark S above XII within shaped indent, wt. 17.91gms. (KM.12.2; Pr.10 [cf. Sale, lot 349]), coin and countermark very fine, extremely rare
*ex Glendining Auction, 16 October 1989, lot 119, The John J. Ford Collection
Baldwin Auction No. 8, 7 October 1996, lot 112, The Ralph Gordon Collection
Noble (Australia) Auction, 25 July 2007, lot 1854, The Robert Climpson Collection
These 12 bitt dollars, along with other cut denominations, were mentioned in a Report of January 1815 by the Colonial Agent, although there was no indication of how many coins might be in circulation at that time. In January 1818 all denominations of cut money were reduced in value and the 12 bitt (9 shillings) dollar was revalued to 4s-1½d. In 1823 all the silver cut money was withdrawn from circulation.

($16500-20000)
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