Mexico 1870-Oa E peso

Heritage 3024, lot 28136

from in the Mountain Groan Collection

The first specimen was lot 28136 in Heritage sale 3024 (Chicago, April 2013), where it sold for $397.15. The catalog description^[1] noted, "Republic Peso 1870 Oa-E Small A, AU, untoned with soft highpoint wear and moderate field contact, close observation reveals the 7 in the date widely repunched south." Shown is a balance scale peso, of a type struck 1869-1873. It was not a success in the export market, the destination for most of Mexico's silver, so the type was discontinued in 1873 in favor of the resumption of the "cap and ray" eight reales. This issue from Oaxaca is scarce. Other mints include Culiacan (scarce), Durango (scarce), Mexico City (common), San Luis Potosí (scarce), Chihuahua (common), Guanajuato (common), Zacatecas (common) and Guadalajara (scarce).

Recorded mintage: 1,967,000 (including assayers S, G and O).

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

Catalog reference: KM-408.6.

Source:

Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
^[1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3024, featuring the Kairos and Elizabeth McPhall Charters Collections, Dallas: Heritage Auction Galleries, 2013.
Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
Utberg, Neil S., The Coins of Mexico, 1536-1963, San Antonio, TX, 1963.

Link to:

Mexico 1870-Oa E peso

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