Costa Rica (1889) c/s 50 centavos

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Heritage sale 3022, lot 27074
Costa Rica 1889 50 centavos rev Heritage 3022-27074.jpg
from the Mountain Groan Collection
Costa Rica 1884 cs 50 centavos rev DSLR.jpg

The first specimen was lot 27074 in Heritage sale 3022 (New York, January 2013), where it sold for $1,821.25. The catalog description[1] noted, "Republic 50 Centavos Counterstamp No Date (1889), but date unlisted., about VF, Type VII counterstamp upon Colombia Medelllin 50 Centavos of 1873. This is a very choice grade for this type. Counterstamp is fully Extremely Fine. The Cecil Webster Collection of Costa Rica." In 1889, the government, facing a coin shortage, counterstamped a supply of Colombian half dollars for local circulation. This also had the merit of driving out an issue of debased (.500 fine) coin from Colombia. A variety of dates and types are known, indicating that officials grabbed whatever lay to hand. A shipment of five, ten and twenty-five centavos from the Heaton mint in 1889-92 alleviated the crisis.

Recorded mintage: unknown.

Specification: 12.5 g, 0.835 fine silver.

Catalog reference: KM 133 thru KM 136 (KM 135.5 shown here).

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Gurdian, Raul, Contribucion al Estudio de las Monedas de Costa Rica: 100 Años de Colon, 2a Ed., San José, Costa Rica, 1997.
  • Stickney, Brian, A Monetary History of Central America, New York: American Numismatic Society, 2017.
  • [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3021, featuring the Cecil Webster, Richard P. Ariagno and Elizabeth McPhall Charters Collection, Dallas: Heritage Auction Galleries, 2012.

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