1809 Rare counter stamped 8 Reale Spanish "Piece of eight"

$162.63

Shipping to United States: Free

RARE: 1809 counter stamped 8 Reale "Spanish Piece of eight"

Portugal, whilst rich in Copper, was short of the more precious metals - so, in 1834, the nation's mints began counter-stamping whatever circulating Spanish silver 8 Reales coinage that was available with the national coat-of-arms.
It should be noted that similar instances were occurring in various countries around the world at that time.

These coins are also known as Spanish "Pieces of Eight" and they circulated freely in the many New World colonies of Spain such as Bolivia, Chile, Columbia, Guatemala, Mexico, Peru as well as many other countries.

THERE WAS A HOLE IN THIS COIN ABOVE THE BUST OF THE SPANISH MONARCH WHICH HAS BEEN REPAIRED
Obverse Description: Bust of Spanish Monarch FERDIN VII facing Right counterstamped with Portugal national coat of arms
Obverse Legend: ·FERDIN·VII·DEI·GRATIA·1809

Reverse Description: Crown above Spanish Arms within Shield between support of the Pillars of Gibraltar or Hercules.
Reverse Legend: HISPAN*ET*IND*REX*M* 8R*H*I

Specification: 26.52 g, .896 fine silver

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