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THE COLLECTION OF CUT AND COUNTERMARKED COINS FORMED BY THE LATE EDWARD ROEHRS (Part I)


36


Provenance: Thomas Hoiland Auction 25 (Frederiksberg), 21 November 2003, lot 7338 (part) DANISH WEST INDIES, Frederick VII, Two Skillings, 1848, edge plain [struck in 1856], obv. countermarked


with sunburst with 13 rays, 1.21g/18.6gr (KM. 3). Coin and countermark very fine, very rare Danish West Indies


The countermarked series from the Danish West Indies is an early, if not the first, series to be subjected to modern fakes fabricated specifically to satisfy a collectors market. Some of these fakes were in the Jules Fonrobert Collection sale in 1878. Variety was the motivating element behind their production and accordingly a wide range of coins of various denominations and from many countries were stamped with a copy of the official ‘crowned FR VII monogram’. Research by Jørgen Sømod, Denmark, has confirmed exactly what the official coins are.


In June 1850 Peder Hansen, the governor of the Danish West Indies from 1848 to 1851, authorised the purchase of $7,700.00 in U.S. minor coins ($2,500 in 50 cents, $2,500 in 25 cents, $1,250 in 10 cents, $1,250 in 5 cents and $200 in cent denominations). The purchase was handled by Messrs Finlay & Co. who charged a commission of 5½ % to cover freight and their commission. Governor Hansen was obviously keen to protect the investment in commission and freight and he states ‘these minor coins will now be slowly placed in circulation and as far as possible to prevent the export from the Island the Half-Dollar and Quarter-Dollar will be supplied with a stamp of the Royal Monogram’.


The first batch of these coins apparently entered local circulation in September 1850. It is likely that by the time subsequent coins were released it was realised that countermarking was ineffective as a measure to retaining the coins on the island; accordingly, the full quantity of half- and quarter-dollars was probably not stamped. This would explain the great rarity of these coins. An example of a half-dollar and a quarter-dollar with the official countermark was sent to the mint in Denmark. This countermark is only known on 50 cent and 25 cent coins dated 1848, 1849 and 1850.


£150-200


37


Authority of June-September 1850, Half-Dollar, U.S.A., Half-Dollar, 1849, obv. countermarked with incuse crowned FR VII monogram, 13.34g/205.8gr (KM. 27). Extremely fine and extremely rare


£2,500-3,000 Provenance: H. Hede Collection, Bruun Rasmussen Auction (Copenhagen), 24 September 1988, lot 522.


The ticket with the coin suggests a provenance back to 1882, including periods of ownership by Emil Gluckstadt and Waldo Newcomer, but this cannot be verified


38


Provenance: Kunst Hallen Auction (Copenhagen), 21 November 1995, lot 41 ——— Quarter-Dollar, U.S.A., Quarter-Dollar, 1849, obv. countermarked with incuse crowned FR VII monogram,


6.67g/102.9gr (KM. 26). Extremely fine and very rare Virgin Islands – Tortola £1,500-2,000


39


8 dwt Standard, c. 1798, Sixty-Six Shillings, BRAZIL, Joseph I, counterfeit 6,400 Réis, 1767, Rio, obv. countermarked MC (or G), raised within a rectangular indent on a large central plug, another smaller plug to the left of centre, both rather crudely done, 12.49g/192.7 gr/8.02 dwt (Gordon 205, this coin; cf. Chalmers, p.74). Coin about fine with quite a rough surface, clipped around part of the edge and with some file marks, extremely rare


£2,500-3,000


Provenance: J.W. Garrett Collection, Part I, NFA/Bank Leu Auction (Beverly Hills), 16-18 May 1984, lot 1231 [from J. Schulman December 1930]


These lots are illustrated on our web site www.dnw.co.uk


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