Collectible Coins: American Revolutionary Coins Countermarked in Philippines

American Revolutionary Coins Countermarked in Philippines  A collaboration of Marty Martinez The circulation of the Philippines at the time of Spanish domination consisted of coin minted in other regions, mainly Potosi, Peru and Mexico, with the same denominations as in the rest of the colonies. From the independence of the American colonies, there was a retraction in the circulating in this zone. For this reason should have appealed to a very curious policy: the reselling of currencies. Potosí, Peru and …

Read More

Ancient Collectible Coins: Spanish Pillar Dollar

Spanish Pillar Dollar: Influence on American Currencies

A collaboration of Marty Martinez

Spanish Origin of Sign $

The beliefs of the fifteenth century included, among other things, the absolute danger of sailing past the Pillars of Hercules. Thus they were called at that time two promontories located in the Strait of Gibraltar: Mount Calpe to the north (Gibraltar) and the Rock of Abila to the south (Ceuta).

This was the obligatory passage of the mare nostrum (the Mediterranean) to the greater and unknown part of the enormous Atlantic Ocean. And according to the mythology of Antiquity, the colossal Hercules would have written in both columns the lapidary warning. Nec plus ultra “not beyond” (ie: do not trespass).

Spanish Pillar Dollar: Influence on American Currencies - Bank Tennessee 50

Read More