This 1815 Ceylon One Stiver is Counter Marked GS&CO by the firm of George Steuart & Co. merchants, bankers, estate and commission agents, was started in 1835, who issued these counter-marked tokens from 1843.
|Lowsley #Unlisted Pridmore #P94|
|Obverse : Indent by counterstamp on GEORGE III D : G : BRITANNIARIUM REX Laural and draped Bust facing right,|
|Reverse : top-down 30 degree clockwise counterstamp GS&Co. (George Steuart & Co) on 1815 - CEYLON - ONE STIVER with standing elephant facing left.|
From 1843 George Steuart & Co countermarked (GS&CO) local copper coins. The English-struck stivers of 1802 and 1815 and halfpennies (1826-1859) were assigned a value for use at 6 pence and the half-farthings (1828-1856) was 4 pence.
For more details see GS&Co. countermarked half-farthing token.
This token from Carnegie Museum of Natural History Collection (lot 882 part), sold at 2007 July 25 Noble Auction#85 (lot 2302 part) ex Robert Climpson Collection. Image from reauction 2009 September 29 Baldwin Auction#62 (lot 803 part), displayed at 200 dpi.