Durango 1858 1/4 real KM-346

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Stack's Bowers November 2023 Collector's Choice sale, lot 70304
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from the Stack's Bowers 2024 ANA sale, lot 41216
SB824-41216r.jpg

The first specimen was lot 70304 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, November 2023), where it sold for $408. The catalog description[1] noted, "MEXICO. Durango. 1/4 Real, 1858. PCGS Genuine--Excessive Corrosion, Fine Details. A RARE one-year type. Exhibiting circulation wear, corrosion, and a planchet flaw, this copper Quartilla is exemplary of the crude state of copper coinage during the tumultuous years of the Reform War. This piece still retains satisfying detail and is elevated by its even brown patina. A tempting offering of this elusive type." The second specimen was lot 41216 in Stack's Bowers ANA sale (Chicago, August 2024), where it sold for $4,320. The catalog description[2] noted, "MEXICO. Durango. 1/4 Real, 1858. NGC VF-30. A RARE one-year type in any grade, especially so in a problem-free state like this example. Devoid of the usual corrosion and porosity, this piece exhibits only moderate, even wear. The rather well-struck details have not lost their clarity and present handsomely on the coin's rich brown surfaces. A great offering that will not go unnoticed by collectors of rarities within the Mexican states coppers series. From the EMO Collection." This rare type is not priced in the SCWC. Another quarter real of 1858, KM 347, has a more conventional eagle obverse/cap and ray reverse. It was probably issued by a different faction.

Recorded mintage: unknown.

Specification: copper.

Catalog reference: KM-346.

Source:

  • Bailey, Don and Lois, Whitman Encyclopedia of Mexican Money, Volume 1, An Illustrated History of Mexican Coins and Currency, Atlanta: Whitman Publishing, 2014.
  • Bailey, Don, State & Federal Copper and Brass Coinage of Mexico, 1824-1872, Hemet, CA, 2008.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, November 2023 World Collectors Choice Online Auction - Ancient & World Coins, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.
  • [2]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, August 2024 Global Showcase Auction, World & Ancient Coins, featuring The Emilio M. Ortiz Collection, The Richard Margolis Collection and The Rutherford Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2024.

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