Stack's Bowers & Ponterio
January 2023 NYINC Auction 13-16 Jan 2023
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According the Scholten, the mint at Batavia ceased coinage production by 1751 due to increasing numbers of counterfeits entering circulation. In late 1753, countermarking of Ducats with reeded edges began revaluing them at 6 Guilders 12 Stivers while the coins without the new "Djawa" mark were valued at only 6 Guilders. The intent of this added mark was to prevent the importation and exportation of good specie by private individuals. Later another local ordinance 8 January 1760 stated counterfeits without reeded edges bearing counterfeited "Djawa" countermarks were in circulation. By order of the home office, countermarking ceased in 1761.
Estimate: $1000 - $1500