• 1784 Silver 5 Shillings Counter Stamped 24295
  • 1784 Silver 5 Shillings Counter Stamped 24296
  • 1784 Silver 5 Shillings Counter Stamped 24295
  • 1784 Silver 5 Shillings Counter Stamped 24296
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Out Of Stock
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1784 Silver 5 Shillings Counter Stamped

This Mexican 8 Reales has been countermarked with the portrait of King George III by The Bank of England and used as emergency money. Graded aVF with the counterstamp, which is very sharp and clear, graded as aEF.


(Special Scheme Inc. VAT)
Totals are approximate until metal prices are confirmed on the next LBMA fix.

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When the bank was short of silver for general circulation it decided to punch the Spanish colony silver with the king's bust instead of melting the silver down to produce their own coins. It was a much quicker process. There were some forgeries produced that entered circulation as the stamp was easy to replicate. Original pieces had a deep counter stamp. 

Among other sources, the Spanish silver is thought to have been from ships captured by the English. The earlier countermarks have the oval shape like the one seen here, later ones were Octagonal. 

Spink Ref 3765A

KM# 641 (Host 8 Reales KM# 106.2)


The host coin shows the armoured bust of Charles III (Carolus III). The counter stamp contains high level of detail of King George III. 


Crowned shield flanked by pillars with a banner. Normal initials and mintmark. Convex area can be seen. This was produced when the coin was counter stamped on the obverse. 


Weight 27.0674g
Fineness 0.9030
Actual Silver Weight 0.7858oz
Mint Mexico City
Terms & Delivery

Terms of Sale - Key Points

You can find more information on payment and identification requirements.

Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.

Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.

All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out. 

If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.

Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.

View our full Terms & Conditions.

Delivery Information

We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows.

Orders over £60 - Fully Insured Delivery.

  • Within the UK and BFPO - Next day fully insured and tracked. Delivery starts from £6. 

Orders under £60

  • Within the UK and BFPO - Royal Mail 2nd Class. Your order will normally arrive within 2-3 working days. Delivery starts from £3.50.

If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.

For international delivery, please check with your local customs office for more information on custom duty and taxes.

Full delivery information can be found by clicking here.

Postal Insurance

We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products. 

  • Orders under £1500 there is no additional fee.
  • Orders over £1500 we charge a fee in order to cover the increasing costs of insurance. For every £1500 we apply a £1 fee. 

If you require any assistance, please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.