Mexico 1880-Mo M peso

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Vermuele & Mexico Maxico collection, lot 1455
Mexico 1880Mo peso oro rev Stacks 110-1455.jpg
from the Mountain Groan Collection
Mexico 1880Mo peso rev DSLR.jpg

The first specimen was lot 1455 in Stack's "Vermuele, Ward & Mexico Maxico" sale (New York, January 2010), where it sold for $299. The catalog description[1] noted, "MEXICO. Republic. Gold Peso, 1880 Mo M. Mexico City. Bold eagle facing r. with snake in beak. Rv. Value in wreath. A frosty and bright specimen of this date that shows a strong depth of strike, clean surfaces and rich golden color. No trace of an underdigit below the second 8, but there is evidence of tooling in the die above that digit. Prooflike Brilliant Uncirculated." Mexico City is the commonest mint, followed by Guanajuato, Culiacan, Zacatecas (scarce), Hermosillo (rare), Alamos (rare) and Chihuahua (rare). Even the common dates have low mintages but the type was widely hoarded, making it reasonably available today. The SCWC lists the 1880/70 overdate but no normal date.

Recorded mintage: unknown.

Specification: 1.69 g, 0.875 fine gold, .047 troy oz AGW.

Catalog reference: KM 410.5, Fr-157.

Source:

  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • [1]Kraljevich, John, and Frank Van Valen, The Vermuele, Ward & Mexico Maxico Collections, New York: Stack's, 2009.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.

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