COLOMBIA. Republic of Nueva Granada. 8 Reales, ND (1838). PCGS VG-10, Countermark: VF Details.
KM-73; Restrepo-157.1r. Possibly issued by decree of 30 May 1838. Countermark: Arms of Granada (Pomegranate) within solid border within toothed border. Applied to the reverse of a 1821-Ba JF Colombia Republic "Cundinamarca" 8 Reales (KM-C6). The articles of the above decree do not expressly state that the earlier "Cundinamarca" coinage were to be countermarked, as the wording is a bit ambiguous. However, several of the articles do state that silver and gold coinage was to be brought to the authorities to determine authenticity. If found to be legitimate the owners were paid in kind, but if determined to be false the coins were effaced and mutilated before being returned. The only coins that were exempt from review were those bearing the arms of the Republic of Colombia (1834-36) or those bearing the arms of the Republic of New Granada. Certainly an interesting issue that is shrouded in mystery and is worthy of further in depth research from the specialist.

Estimate: $200.00- $400.00