Mexico 1881-Go SB 8 reales

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Heritage sale 3016, lot 24736
photo courtesy Heritage Auction Galleries

This specimen was lot 24736 in Heritage sale 3016 (New York, January 2012), where it sold for $977.50. The catalog description[1] noted, "Republic 8 Reales 1881/0 Go-SB, MS65 NGC. Full mint brilliance below gorgeous golden toning. The strike is full and the surfaces free of detracting marks. The 0 is clear below the second 1 of the date and this variety is much rarer than the normal date." We hasten to assure collectors contemplating this series that this date from the Guanajuato mint normally sells for a fraction of the price realized above. The Guanajuato mint issued this type 1825-97 and most dates after 1829 are readily available. An 1881/0 (shown here) and 1881/71 overdates are listed and given a slight premium.

Recorded mintage: 3,974,000.

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

Catalog reference: KM 377.8.

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.
  • [1]Cristiano Bierrenbach and Warren Tucker, Heritage World Coin Auction 3016, Dallas, TX: Heritage Auction Galleries, 2011.

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