As a whole the cut and countermarked coinage of the West Indies has suffered from a lack of contemporary documentation and incorrect attributions. Of course this series is not unique in this respect. However, closer study and the uncovering of contemporary sources has greatly assisted in our understanding of the series and in correcting past errors of attribution. The action taken on the island of St. Kitts is interesting in that proper local legislative processes were followed and a quantity of coins were cut and countermarked in accordance with the local Act, however, they were not released into the local economy. Action taken on the island of Tortola in February 1801 created a potentially embarrassing predicament for the Leeward Island Governor-General, Lord Lavington (Sir Ralph Payne). The Tortola Act had been passed onto Whitehall and was disallowed putting Lavington in a situation preventing him from allowing the St. Kitts countermarked coins entering circulation on the island. However, a clever solution
This note begins with a brief history and description of industries that have taken place on the Turks and Caicos Islands and in particular sisal growing. This is followed by a description of the West Caicos Sisal Company and a group of tokens issued to pay the workforce and redeemable in the Company Store.The style of the dies is quite unusual, with just a simple incuse legend. Thus when two specimens appeared of British half-pennies overstruck with the reverse die of the shilling token and more recently a British penny overstruck with the reverse die of the two shilling token, they were really quite obvious.The three new pieces all appeared in the USA and were sold without any reference to the original use of the dies. This and other features of the pieces leads to the suggestion that they were struck using the original reverse dies, but many decades after the original token issues, possibly even as late as 2010.