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<p>[QUOTE=&quot;Collect89, post: 1156468, member: 15445&quot;]My coin (posted above) is a Bolivian 8 Reales dated 1808.&nbsp; It is counterstamped by Minas Gerais (a state in eastern Brazil).&nbsp; The counterstamp made this coin legal tender in Brazil as 960 Reis.&nbsp; </p><p><br /></p><p>In 1808, a law was passed in Brazil authorizing counterstamps to be used on many circulating Spanish 8 Reales coins.&nbsp; The silver value of these Spanish coins was 750 to 800 Reis per coin but Brazil stamped &amp; passed the coins at 960 Reis.&nbsp; This gave the government a nice profit of 160 to 210 Reis for every coin that they stamped.</p><p><br /></p><p>I think I have photos depicting a couple other common counterstamped coins.&nbsp; I’ll post them if I can find the photos.&nbsp; In the mean time, please post your counterstamped coins &amp; tell us a little about them.</p><p><br /></p><p>Once again, thanks for letting me share &amp; I look forward to seeing your coins.[/QUOTE]</p><p><br /></p>

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