In 1832, Ferdin VII ordered the colony to have its coin countermark due the shortage of coins for the Philippines. The Manila counterstamp was a failure and a simple counterstamp was instead ordered as replacement.
Counterstamping of lower denominations were forbidden and thus only 4 to 6 specimen of 2-reales and 4-reales counterstamp are believed to exist. There were no reports of Ferdin VII countermark on 2 pillar portrait reales or any pre-revolutionary coinage of the Spanish colony. What makes this coin exceptional and unique is it has 2 distinct countermarks, the first one is the F70 on the obverse and on the reverse is serrated countermark on the reverse.
Featured Collection:
1808 Peru 2 reales with Ferdin VII and serration countermarks (Double Countermarks)
6:43 AM
filipinonumismatist
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