Owner Comments:
Azores 60 Reis (1887) Luis I, Crowned G.P. countermark on Spanish 1774-S CF 1/2 Real of Charles III
Gomes 16.04; unlisted in Krause.
A spectacular example. I have found that these smaller denominations are seemingly tougher to locate.
A true treasure.
NGC VF30; Counterstamp XF Standard
Photos from NGC Photovision Plus
It seems that all of these (1887) countermarked coins are scare to extremely rare.
Decree of March 31, 1887
The second decree ordained that all foreign silver and copper coinage circulating in the Azores was to be countermarked with a crowned G.P. (Govern now Portuguese) within a circle. These were eventually to be replaced or exchanged by the current Portuguese coinage upon their entry into the public treasury. This countermark for general use is found on a variety of Portuguese, Brazilian, and foreign issues.
This countermark has been heavily counterfeited and should be approached with caution.