The Lyall Collection of Cut and Countermarked Coins

ESSEQUIBO & DEMERARA, Ordinance of August 1798, Twenty-Two Guilders, Joseph I, a counterfeit 6,400 Réis, 1771, Rio, obv. countermarked with a script ed raised within a rectangular indent, 10.39g/160.3gr (cf. Gordon 13a; cf. Prid. 1; cf. KM. 3). Coin very fine, countermark better, of the highest rarity; the only recorded specimen £6,000-8,000

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

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Provenance: Bt 1996.

Ralph Gordon noted that two versions of the ed countermark were used, an oval indent and a rectangular indent. Gordon never saw a specimen with the rectangular indent and surmised that this probably did not exist. This specimen demonstrates that both countermarks were used