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.
zoom view

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 : 23,7 x 25,0 mm. Weight : 3.03 grams.

Grade : The coin grades Fine with a crude strike as is usual for this type, but the outer inscriptions are nearly totally incomplete.  The countermark grades Fine and is about 70% visible. 

Obverse : Gothic Y with CAROLVS ET IOANNA around, but nearly none of the inscription is visible. The Y is flanked by an F to the left, and 4 to the right.

Reverse : Two crowned pillers, with mint marks S to the right, and P to the right left (reverses from how they normally are), with REGIS HISPANIARVM E I around, but as with the obverse, nearly none of the inscription is visible. The countermark can be seen on this side, with ring handle nearly in the middle of the coin, and the barbs to the lower left.

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

Price SKU: vcoin3181
US$ 27.50
  • € 23.39
  • £ 20.91
  • AUD 37.78
  • CHF 26.26
  • CAD 35.54

Rates for: 09/21/18

Ships from: Canada
Sold