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12 Shillings 6 Pence - George II Colombia - 1 Escudo, counterstamped
| Issuer | Jamaica |
|---|---|
| Year | 1758 |
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| Shape | Round |
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| Reverse description | Central field of the host coin displays the crowned royal arms of Spain within a shield, surmounted by an elaborate arched crown, all rendered in the milled macuino style of colonial Spanish gold coinage. A Jamaican counterstamp — a crowned shield bearing the arms of Jamaica — is applied at center, partially obscuring the host reverse design. The encircling legend NOMINA MAGNA SEQUOR runs around the periphery, with the mint mark initials P·N and assayer initial J appearing at the base. A reeded border surrounds the entire design. |
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| Mintage | ND (1758) - Host date 1758 |
| Additional information |
Jamaica had no mint of its own, so colonial administrators solved the chronic shortage of official currency through counterstamping foreign gold. This piece began life as a Spanish colonial one-escudo struck in New Granada — present-day Colombia — before Jamaican authorities applied the crowned GR stamp to give it legal tender status at 12 shillings 6 pence, a valuation set by proclamation under George II. The practice was pragmatic and entirely unsentimental: Spanish gold circulated throughout the Caribbean regardless of political allegiance, and Britain simply made it official.
Fr#1 designates this as the foundational listing for Jamaican counterstamped gold. Surviving examples are genuinely scarce; the host coins themselves were small-denomination circulation pieces, not saved by contemporary collectors.