The Lyall Collection of Cut and Countermarked Coins

Grenada, Issues of c. 1786, One Bitt, a lightweight cut ‘eleventh’ of a Spanish-American 8 Réales, rev. countermarked with incuse g, 1.79g/27.6gr (cf. Prid. 1 [Sale, cf. lot 357]; Caldecott, BNJ 1904, pl. iii, 27, this coin; Howland Wood 60, this coin; KM. 1). Coin almost smooth, with some reverse design visible, countermark fine or better, the style of the countermark points to this being a contemporary counterfeit, rare £150-200

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

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Provenance: J.B. Caldecott Collection, Sotheby Auction, 11-13 June 1912, lot 484 (part) [assigned to Guadeloupe]; A Collection of Obsidional, Emergency and Countermarked Coins, SCMB January 1956 (154); bt. Seaby 1984