GIBRALTAR. Gibraltar - Peru. 1/2 Bit, ND (1770-72). PCGS EF-40.
KM-16 (Martinique); Prid-20 (Dominica). Type IV countermark: blunt heart-shaped cut-out with ornamented edges; all on a 1756-LIMA JM Peruvian 1/2 Real (KM-51). A SCARCE and exceptionally appealing colonial type, this series was originally given to Martinique in the literature--where it still appears in KM--but is now believed to be from Gibraltar instead. The host--incorrectly identified on the holder as Mexico rather than Peru--offers deep cabinet toning with clear details still observed throughout.
Ex: Jeroen de Wilde Collection.
Ex: Isaac Rudman Collection.
Ex: R. C. Gordon Collection.
Ex: R. J. Ford Collection.
Estimate: $2000 - $3000