1792 Spain 2 Reales With 3 Counterstamps

looks like a chopmark. The one in the middle is a Japanese character.

I am not of chop marks because they are not clearly understood but here are my thoughts.

There are clearly three chops of three different types.

The chop which is raised inside a rectangle with truncated corners is distinctly different from the large deep chop applied to the left of the coin. The central chop is thinner and lightly struck - a typical small chop design.

The three varieties imply a different time of chopping and a different authority handling the coin.

Now look at the other side of the coin. I am always concerned when I see impressions of a rusted iron anvil opposite a chop. Chops were usually but not always applied with the coin resting on a smooth surface (when applied by a Schroff or a banker) - rough reverses are business strikes done by merchants. But here all three stamps which should have been done at DIFFERENT times and places - all show a very similar rusted (or rough) surface.

I am therefore suspicious of the origin of all three and I would treat the coin as a damaged coin until I could establish by microscopic examination a different wear level for each chop with differing levels of patina within the chops and within the damage on the face. Key here is does the coin show actual post chop wear present on the portrait side.

It may be genuine with genuine chops but I would not give good odds.