ESSEQUIBO & DEMERARA, Authority of December 1808, Three Guilders (valued at Five Shillings), a Charles IIII, 8 Réales, 1796fm, Mexico City, with a circular piercing with 19 crenations, obv. countermarked e.&.d/3.g.l raised within a beaded oval indent, 22.23g/343.1gr (Prid. 2 [Sale, lot 151]; Scholten 1441, this coin; Guttag 918c, this coin; KM. 2). Coin and countermark very fine or better, very rare £4,000-5,000

This lot was sold as part of a special collection, The Lyall Collection of Cut and Countermarked Coins.

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Provenance: J. Guttag Collection; J.J. Ford Jr Collection, Glendining Auction, 16 October 1989, lot 1; SNC February 1994 (552); bt Spink 1998