Mexico 1862-Oa FR 8 reales

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from the Stack's Bowers June 2021 Collector's Choice sale, lot 72342
SB621-72342r.jpg

This specimen was lot 72342 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, June 2021), where it sold for $660. The catalog description[1] noted, "MEXICO. 8 Reales, 1862-Oa FR. Oaxaca Mint. PCGS VF-35 Gold Shield. Offering great originality, this example does exhibit some typical striking weakness, but nevertheless offers a pleasing cabinet tone." The date 1862 is known with both mintmark "O" and "Oa." Dunigan and Parker[2] theorize that two mints were operating in the same town simultaneously, accounting for the variations in mintmark and die styles. The Oaxaca mint (or mints) operated 1858-93. Assayer FR is recorded for 1861-64. In the 1860's, the mint was leased to the state of Oaxaca.

Recorded mintage: unknown but the 1862-OA is scarcer than the 1862-O.

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

Catalog reference: KM-377.11; DP-Oa08.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [2]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 June 2021 Collector's Choice sale: World and Ancient Coins, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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