Mexico 1877-As DL 8 reales

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Stack's Bowers May 2023 Collector's Choice sale, lot 70286
SB523-70286r.jpg

This specimen was lot 70286 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, May 2023), where it sold for $192. The catalog description[1] noted, "MEXICO. 8 Reales, 1877-As DL. Alamos Mint. NGC-AU Details—Obverse Scratched. This decently preserved gently handled example exhibits a bold strike with even wear on the high points. The fields display somewhat flashy luster with light attractive tone near the edges. Close inspection reveals two scratches in the obverse fields, now slightly toned. Despite its shortcomings a presentable example of the type." The Alamos mint in Sonora began striking eight reales in 1864. The early issues are rare but become more common after 1873. The 1877 is somewhat scarce. The mint was closed in 1895 along with Chihuahua, Durango, Guadalajara and Hermosillo. Oaxaca and San Luis Potosi were closed in 1893.

Recorded mintage: 515,000.

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

Catalog reference: KM-377; DP-As16.

Source:

  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • 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.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • 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, May 2023 World Collectors Choice Online Auction, Featuring the Richard Elliott Collection of Hooknecks, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.
  • Utberg, Neil S., The Coins of Mexico, 1536-1963, San Antonio, TX, 1963.

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