Gibraltar, ——— Eighth-Dollar, MEXICO, Philip V, Réal, 1738mf, Mexico City, pierced from the rev. with a heart-shaped hole, 2.86g/44.1 gr (Prid. 9; KM. Martinique 7). Very fine and very rare £150-200

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: H.D. Gibbs Collection, Hans Schulman Auction (New York), 18-19 March 1966, lot 1614.

As a coin with a type II piercing, one would expect the host to be Spanish and not, as this piece, the heavier Spanish-American type