Mexico 1850-Pi MC 8 reales

Stack's Bowers April 2021 Hong Kong sale, lot 51256

This specimen was lot 51256 in Stack's Bowers Hong Kong auction (Hong Kong, April 2021), where it sold for $5,520. The catalog description^[1] noted,

"MEXICO. 8 Reales, 1850-Pi MC. San Luis Potosí Mint. NGC MS-65★. Pop: 1, none graded finer by NGC, and none evaluated in mint state by PCGS. A lustrous coin with beautiful multicolor toning on the cap side. The cap is decently struck though much of the eagle has been polished away. Our first offering of this date since March 2011 (Ponterio sale 159, lot 8762). We are offering another in this sale but it is from different dies."

This eight reales is one of a series struck 1827-93 at the San Luis Potosí mint. This date is rather scarce, verging on rare. Assayer MC is recorded for 1849-60.

Recorded mintage: unknown.

Specification: 27.07 g, 0.903 fine silver, .786 troy oz ASW.

Catalog reference: KM-377.12; DP-Pi29.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
• Dunigan, Mike, and J. B. Parker, Resplandores: Cap and Ray 8 Reales of The Republic of Mexico, 1823-1897, Beverly Hills, CA: Superior Stamp & Coin, 1997.
• Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.
• Raymond, Wayte, The Silver Dollars of North and South America, 2nd Ed., Racine, WI: Whitman Publishing, 1964.
• ^[1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The April 2021 Hong Kong Auction, Costa Mesa, CA: Stack's Bowers LLC, 2021.

Link to:

• 1849-P^I 8 reales
• 1850-M^O 1/8 real
• 1850-G^O ¼ real
• 1850-M^O ¼ real
• 1850-D^O ½ real
• 1850-G^A ½ real
• 1850-G^O ½ real
• 1850-M^O ½ real
• 1850-C CE real
• 1850-G^A real
• 1850-GC real
• 1850-P^I real
• 1850-Z^S real
• 1850-GC 2 reales
• 1850-M^O 2 reales
• 1850-GC 4 reales
• 1850-G^O 4 reales
• 1850-M^O 4 reales
• 1850-P^I 4 reales
• 1850-Z^S 4 reales
• 1850-C 8 reales
• 1850-C^A 8 reales
• 1850-D^O 8 reales
• 1850-GC 8 reales
• 1850-G^O 8 reales
• 1850-M^O 8 reales
• 1850-Z^S 8 reales
• 1850-D^O ½ escudo
• 1850-M^O ½ escudo
• 1850-D^O escudo
• 1850-G^A 2 escudos
• 1850-C 8 escudos
• 1850-C^A 8 escudos
• 1850-D^O 8 escudos
• 1850-G^A 8 escudos
• 1850-GC 8 escudos
• 1850-G^O 8 escudos
• 1850-M^O 8 escudos
• 1851-P^I 8 reales
• Coins and currency dated 1850
• return to Silver eight reales of Mexico, 1822-1897