Jamaica Six Shillings and Eightpence GR countermark, undated (1758) on Mexico City 8 Reales host coin KM#8.2, host coin 1758 Mo MM (KM#104.1), 26.66 grammes, Countermark and host coin both Fine and bold. A very rare issue, we note an example sold in London Coins Auction A126 9/6/2006 Lot 534 described as 'Fine with some surface marks and spots' realised £460 hammer price, this example considerably superior. Cataloguers Note: In 1758 the Jamaica assembly passed an act which provided that some of the new Spanish milled money should be made lagal tender and have a fixed value. £100,000 was proposed and to distinguish the re-valued coins, they were countermarked with the initials of the reigning monarch, George II. This succeeded in raising the value of the Dollar to 6 Shillings and Eight Pence. All of the new money, stamped or not also passed at this rate. Home authorities, on receiving copies of the local act, repealed it and the Governor of Jamaica was censured for exceeding his powers. Only £12,000 of coinage was countermarked and the project was abandoned in 1759.

Estimate: GBP 250 - 500