Post your Cut and Countermarked Coins
Post them if you got them along with some educational details of the piece.
During the French and Indian War, also called the Seven Years War, the population on Jamaica swelled with an influx of British operations to support the war. The island had always had circulating currency from other nations due to the pirate trade but nothing official for use within the British occupied territory.
Full weight coinage would quickly flow out of the island so to create a circulating currency for the island the British marked the Spanish Milled 8,4,2,1 and 1/2 reales along with the gold denominations, with the “GR” counter mark for “Georgius Rex” King George. The standard weight of a Spanish milled dollar would have caused it to circulate for a little over 4 shillings however the official value was placed at 6 Shilling 8 Pence to ensure that these full weight pieces were not exported from the island.
This coin originated from the Byrne Collection, to Irving Goodman, to Millennia to Cardinal. It likely has an earlier link to the Howard Gibbs collection as lot 1546 in his 1966 sale. This is the finest graded piece of any type for Jamaica 6S8P’s.