Mexico 1826-Do RL 2 reales

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from the Stack's Bowers 2020 Collector's Choice sale, lot 73212
photo courtesy Stacks Bowers LLC

This specimen was lot 73212 in Stack's Bowers Collector's Choice sale (Santa Ana, CA, June 2020), where it sold for $1,200. The catalog description[1] noted, "MEXICO. 2 Reales, 1826-Do RL. Durango Mint. NGC AU-58. A seemingly RARE date in this state of preservation with a totally of only 2 examples graded at NGC, none listed on the PCGS population report. The piece exhibits a bold strike, lustrous surfaces and rich old envelope tone. A nice treat for the specialist looking for high quality survivors to add to their collection." Shown is an 1826-Do RL two reales, one of a type struck at the Durango mint 1826, 1832-61. Assayer RL is recorded this mint for the years 1825-29. Other mints include Guanajuato, Mexico City, Alamos, Hermosillo, Zacatecas, Culiacan, Chihuahua, Guadalajara, Potosi, Estado de Mexico, Real de Catorce and Guadalupe y Calvo. Only Oaxaca did not strike this type. This type, legal tender in the pre Civil War United States for a quarter, is common except in uncirculated. This is a better date of a less common mint.

Recorded mintage: unknown.

Specification: 6.76 g, 0.903 fine silver, .196 troy oz ASW.

Catalog reference: KM 374.4.

Source:

  • 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]Orsini, Matt, Richard Ponterio and Kyle Ponterio, The June 2020 Collector's Choice sale: World and Ancient Coins, Santa Ana, CA: Stack's Bowers LLC, 2020.

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