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1 Bit
| Issuer | Grenada |
|---|---|
| Year | 1818 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Triangular (1/3 cut of 2 Reales) |
| Technique | Log in to see details |
| Orientation | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Log in to see details |
| Reverse lettering | FERD·VII·D |
| Edge | Plain (cut) |
| Mint | Log in to see details |
| Mintage | Log in to see details |
| Additional information |
Grenada's "bit" denominations emerged from a practical crisis: the island chronically lacked small change, and Spanish colonial coins were cut into fractional pieces to fill the gap. This piece is one of those cut and countermarked fragments — a segment of a larger Spanish silver coin, officially sanctioned by the colonial administration to circulate at a fixed value. The 1818 countermark brought these pieces into regulated currency rather than tolerating the informal cutting trade that had preceded it.