The Roehrs Collection of West Indies Cut and Countermarked Coins (Part I)

USA, New Orleans, Quarter-Dollar (presumably valued at 25 Cents, c. 1812-14), a lightweight cut quarter segment of a Spanish-American 8 Réales, obv. countermarked with federal eagle within a circular border, nouvelle orleans raised within a circular indent around, rev. countermarked pb (Planters Bank) surrounded by a raised chain border within a circular indent, 4.84g/74.6 gr (cf. Garrett 2031). Coin very worn, countermarks very fine, extremely rare £2,000-2,500

This lot was sold as part of a special collection, The Collection of Cut and Countermarked Coins formed by the late Edward Roehrs.

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Provenance: R.A. Byrne Collection, Jess Peters Auction (Los Angeles), 13-15 June 1975, lot 1259 [illustration in Byrne sale catalogue incorrect: see Ray Byrne, ‘Puech-Bein & Their Tokens’, The Numismatist, July 1975, p.1495, lower image]

Research by Robert Leonard Jr. has established the Planters Bank as the issuer for the cut quarter-dollar segments countermarked on one side with pb in a chain circle and on the other side with a federal eagle and the legend nouvelle orleans