Chihuahua 1833 1/8 real

Stephen Album sale 37, lot 1956

This specimen was lot 1956 in Stephen Album sale 37 (Santa Rosa, CA, June 2020), where it sold for $654.50. The catalog description^[1] noted, "MEXICO: Republic, AE 1/8 real, 1833, Chihuahua issue, well-centered on high quality flan, NGC graded VF25 BN, RR." This is an example of a copper eighth real from the state of Chihuahua, struck 1833-35. Varieties exist. While the central government of Mexico reserved for itself the right to strike gold and silver, the states were permitted to strike the base metal coinage, a right which they exploited to the utmost. These coins could be minted and issued at a profit, a fact not lost on cash-strapped state governments. As these were to be quickly and cheaply made and forced upon a long-suffering populace, little effort was expended to make them nice; most survivors are poorly struck on badly prepared planchets and heavily worn.

Recorded mintage: unknown.

Specification: copper.

Catalog reference: KM-318, DB-101a.

Source:

• Bailey, Don, State & Federal Copper and Brass Coinage of Mexico, 1824-1872, Hemet, CA, 2008.
• Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 37, featuring the Gamal Amer Collection of Egyptian Coins and the Ahmed Sultan Collection of Ottoman Coins, Part II, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2020.

Link to:

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