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Santo Domingo, Dominican Republic, copper 4 maravedís, Charles-Joanna, assayer oF, with "S" counterm

Currency:USD Category:Coins & Paper Money / Cobs - Other Silver Start Price:80.00 USD Estimated At:100.00 - 150.00 USD
Santo Domingo, Dominican Republic, copper 4 maravedís, Charles-Joanna, assayer oF, with  S  counterm
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This item SOLD at 2012 Apr 10 @ 22:41UTC-4 : AST/EDT
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Santo Domingo, Dominican Republic, copper 4 maravedís, Charles-Joanna, assayer oF, with "S" countermark indicating importation to and use in Jamaica (Santiago, 1581-2), very rare. S-SD1; CT-Type 134. 2.8 grams. Darkly toned Fine with clear pillars and crowned Y, the latter with full oF to left and full S countermark of the long, thin variety, which links to a scheme whereby the governor imported coins from Santo Domingo and made a huge profit in the exchange rate from his cost of 1/25 real to a circulating value of 1/11 real per coin! With small "First Coins of the Caribbean" certificate.