Spanish Colonial. Santa Domingo. ca. AD 1540's to 1550's. AE 4 maravedes. First Coin of the Caribbean. Countermarked with a anchor for use in Jamaica.

Ancient Coins - Spanish Colonial. Santa Domingo. ca. AD 1540's to 1550's. AE 4 maravedes. First Coin of the Caribbean. Countermarked with a anchor for use in Jamaica.
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Santa Domingo was the first mint set up in the Carribbean Islands, and the second Mint in the New World (preceeded by Mexico City by 2 or 3 years). Since the earliest issues from Mexico City are nearly impossible to locate, the copper coins of Santo Domingo represent the earliest New World coins the average collector can include in his collection.

Denomination : AE 4 Maravedes.

Date : Struck during the reign of Carlos and Joanna of Spain, who ruled from 1516 to 1556. These particular coins were struck between 1542 and 1556. This specimen was countermarked with an anchor to re-value it for use in Jamaica. These countermarks were applied between about 1611 and 1616.

Reference : C&C (1976) 826 to 829.

Size : 22.3 x 24.8 mm. Weight : 2.38 grams.

Grade : The coin grades gF with one major encrustation and is a crude strike as is usual for this type.  The countermark grades Fine with the complete anchor visible.  There are a couple of more recent scratches on the obverse.

Obverse : Gothic Y with CAROLVS ET IOANNA around, but only fragments of the inscription will be visible. The Y is flanked by an O / F to the left (the F is not clear) and O / IIII to the right, both of which are below pellets.

Reverse : Two crowned pillers, with mint marks S to the left and P to the right, with REGIS HISPANIARVM E I around, but only fragments of the inscription will be visible.  The countermark can be seen on this side, with the anchor's ring to the far right, with the barb pointing left and slightly up. See the inset image of the countermark where it is oriented up and down.

The countermark is clearer than normal for these.

This coin is from a hoard found on the Island of Jamaica in 1973.

Price SKU: vcoin3187
US$ 44.50
  • € 38.72
  • £ 34.23
  • AUD 62.66
  • CHF 44.35
  • CAD 58.24

Rates for: 10/22/18

Ships from: Canada
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