Mexico 1856-Ca RG 8 reales

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Ponterio sale 155, lot 6207
Morton & Eden sale 104, lot 395
Stack's Bowers April 2021 Hong Kong sale, lot 51252
SB421-51252r.jpg

The first specimen was lot 6207 in Ponterio sale 155 (Baltimore, November 2010), where it sold for $805. The catalog description[1] noted, "MEXICO. Chihuahua. 8 Reales, 1856 (5/4)-RG. Exceptional grade for the very scarce date. Slightly weak strike. BRILLIANT UNCIRCULATED." The second specimen was lot 395 in Morton & Eden sale 104 (London, November 2019), where it sold for £1,600 (about US$2,478 including buyer's fees). The catalog description[2] noted, "Republic, 8 reales, Chihuahua mint, 1856 RG, 5 of date over 4, (DP-Ca27), minor striking faults, about uncirculated, lightly toned." The third specimen was lot 51252 in Stack's Bowers Hong Kong auction (Hong Kong, April 2021), where it sold for $4,080. The catalog description[3] noted,

"MEXICO. 8 Reales, 1856-Ca RG (5/4). Chihuahua Mint. NGC MS-63+. The finest graded at NGC. A lustrous coin with prooflike fields in the protected areas, the result of extensive die polishing. Several die cracks along with a bold die clash on the eagle side. Our first offering of this date since November 2010 (Ponterio sale 155, lot 6207). All known examples have the 5/4 overdate, the result of an obverse hub recycled from the 1840's."

The Chihuahua mint struck eight reales 1831-95. Many of the early dates are rare but this one is still quite scarce. The SCWC lists no normal date but notes that the 1856/46 shown here is more available than the 1856/5.

Recorded mintage: unknown.

Specification: 27.07 g, 0.903 fine silver, .786 troy oz ASW, the second specimen 27.05 g.

Catalog reference: KM 377.2, DP-Ca27.

Source:

  • [1]Ponterio, Richard, and Kent Ponterio, The November 2010 Baltimore Auction, Irvine, CA: Bowers and Merena, 2010.
  • 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.
  • [2]Eden, Tom, James Morton, David Kirk and Menelaos Danellis, Morton & Eden sale 104, Ancient Coins and the Mexico Collection, London: Morton & Eden, 2019.
  • [3]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The April 2021 Hong Kong Auction, Costa Mesa, CA: Stack's Bowers LLC, 2021.
  • Salmeron, Antonio Deana, La Casa de Moneda de Chihuahua y sus Labraciones de Plata, Puebla, Mexico, 1989.
  • Utberg, Neil S., The Coins of Mexico, 1536-1963, San Antonio, TX, 1963.

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