GIBRALTAR. Gibraltar - Mexico. 11 Bits (8 Shillings 3 Pence), ND (ca. 1765). NGC VF-35.
KM-20 (Martinique); Prid-16 (Dominica/plate coin). Valued at Eight Shillings and Threepence, revalued to 10 Bitts in September 1798. Type III countermark: Small blunt heart-shaped cut-out with ornamented edges, cut from the obverse on a 1743-Mo MF Mexico Pillar 8 Reales of Philip V. The cut is clean leaving strong impressions of the design from the bi-facial countermark. This countermark type appears with some frequency on the market, but seldom does this variation become available. This well-cared for survivor displays lovely rich cabinet patina dripping with originality and is pleasing to the eye. A real treat for countermark and West Indies collectors alike to obtain a very difficult to locate issue destine for an advanced high caliber collection.
Ex: Rudman Collection.
Estimate: $3000 - $4000