Stack's Bowers & Ponterio
January 2022 NYINC Auction 14-16 Jan 2022
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SAINT MARTIN. 3 Reaals (18 Stivers), ND (ca. 1817-20). NGC GOOD-6; Countermark: F Standard.
KM-12; Prid-Fig. 37. Weight: 3.63 gms. "S MARTIN" within shaped indent and bundle of arrows countermarks applied to the obverse of a cut 1/5 Spanish colonial bust 8 Reales presumably of Charles IV (IIII). Both countermarks are well applied, though slightly uneven, on a well-worn and attractive host. The surfaces are smooth exhibiting even wear displaying lovely rich cabinet patina with minor earthen deposits in the protected areas adding to its originality. This cut type occasionally appears on the market and is usually highly contested for by West Indies and world countermark collectors alike.
KM-12; Prid-Fig. 37. Weight: 3.63 gms. "S MARTIN" within shaped indent and bundle of arrows countermarks applied to the obverse of a cut 1/5 Spanish colonial bust 8 Reales presumably of Charles IV (IIII). Both countermarks are well applied, though slightly uneven, on a well-worn and attractive host. The surfaces are smooth exhibiting even wear displaying lovely rich cabinet patina with minor earthen deposits in the protected areas adding to its originality. This cut type occasionally appears on the market and is usually highly contested for by West Indies and world countermark collectors alike.
According to Pridmore these issues were a joint venture of the French and Dutch administration authorizing an increase in value of the Dollar from 12 to 15 Reaals. Also, this indicates a later issuance period of 1817-20.
Estimate: $1200 - $1600