Mexico 1832-Mo 1/16 real

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Ponterio sale 169, lot 11280
Mexico 1832Mo 1-16 real rev Ponterio 169-11280.jpg
Stack's Bowers 2023 NYINC sale, lot 21233
SB0123-21233r.jpg

The first specimen was lot 11280 in Ponterio sale 169 (Baltimore, November 2012), where it sold for $646. The catalog description[1] noted, "MEXICO. 1/16 Real, 1832-MoA. Struck in copper. Some traces of mint orange. NGC MS-62 BN." The second specimen was lot 21233 in Stack's Bowers NYINC sale (New York, January 2023), where it sold for $4,680. The catalog description[2] noted, "MEXICO. Brass 1/16 Real, 1832-Mo A. Mexico City Mint. PCGS MS-65. A stunning survivor of the type, this enthralling Gem presents an olive-brown hue and some alluring brilliance remaining in the protected areas. Overall, a monumental pieces given the mundane nature of the denomination and that one could stay in this expert level of preservation for so long." This specimen is from a type struck 1831-35 and is fairly available tho the 1831 is the date most often seen. This issue was accompanied by copper cuartillas and octavos; both were issued in an attempt to drive out the abusive minting of state and municipal coppers.

Specification: copper or brass, 1.75 g, 17 mm diameter.

Recorded mintage: unknown.

Catalog reference: KM-315 (copper, first specimen) or KM 315a (brass, second specimen).

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.
  • [2]Bailey, Don, State & Federal Copper and Brass Coinage of Mexico, 1824-1872, Hemet, CA, 2008.
  • [1]Ponterio, Richard, Ponterio sale 169: The November 2012 Baltimore Auction, Irvine, CA: Stack's Bowers, LLC, 2012.

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