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Lot

№ 439 x

.

17 November 2011

Hammer Price:
£900

St Maarten, Eighteen Stuivers (valued at Three Reaals, c. 1817+), a very lightweight cut fifth segment of a Spanish-American 8 Réales, obv. countermarked st martin raised within a shaped indent, and design of seven bonded arrows raised within a shaped indent, 3.67g/56.6gr (Prid p.258, fig. 37; KM. 12). Coin fair and toned, countermarks fine, rare £250-300

Provenance: Schweizerischer Bankverein Auktion 35 (Basle), 15 September 1994, lot 2173.

From the severely clipped state of the countermarks it is likely that this specimen was originally a cut quarter segment and was reduced when the dollar was revalued and the cut fifth segments were issued