I ran across the following Numista Catalog Page: N#25333

I noticed that Puerto Rico is listed as the Issuer for a United States Morgan Dollar. The Morgan Dollar in the picture is clearly marked with an "S" Mint Mark on the Reverse which stands for "San Francisco".
I'm aware that in the late 1800's Puerto Rico didn't have a coin of its own and Puerto Rico would counterstamp coins from other countries with a Fleur-De-Lis symbol and then circulate those coins locally. This is discussed by PCGS here: https://www.pcgs.com/news/the-rich-history-of-puerto-rican-coinage
However if a U.S. coin is counterstamped from a different country, does it make sense to cite the other country as the issuer of the coin when it wasn't even minted there? If your answer to this question is "Yes", then what about U.S. Trade Dollars that were chopmarked and freely circulated within China? Would that mean that U.S. Trade Dollars were issued by China?


