| Spanish Colonial.
The lack of proper coinage in the islands made it necessary for the Spanish
authorities to tolerate the circulation of coins from other colonies bearing
revolutionary signs and slogans as long as they were over-struck with royal
inscriptions in a desperate effort to obliterate or cover up the seditious
legends.
From 1828 to
1830, the now famous MANILA counterstamps were used precisely for this
purpose on coins of rebel colonies. Soon after the stamping machinery broke
down, smaller circular punches of Ferdinand VII (F7) and late Isabel II
(YII) were formally substituted. The decree for counter- stamping coins
was intended to cover only 8-real silver coins although some gold and minor
silver coins would soon be counterstamped by mistake. |
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