Mexico 1887-Mo M peso

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from the Stack's Bowers 2022 NYINC sale, lot 7829
SB122-7829r.jpg

This specimen was lot 7829 in Stack's Bowers NYINC sale (New York, January 2022), where it sold for $456. The catalog description[1] noted, "MEXICO. Peso, 1887-Mo M. Mexico City Mint. PCGS Genuine--Filed Rims, Unc Details. Flashy and with a bold strike, this Mexico City Gold Peso comes from an original mintage of just 2,200. Deep and pleasing gold tones with minor toning streaks on the reverse. Overall a pleasing example, with the rim filing visible only from the edge of the coin." For the gold peso series, 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.

Recorded mintage: 2,200.

Specification: 1.69 g, 0.875 fine gold, .048 troy oz AGW.

Catalog reference: Fr-157; KM-410.5.

Source:

  • 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.
  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • 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.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The 2022 NYINC Sale: World and Ancient Coins, featuring the Mark and Lottie Salton Collection and the Pat Johnson Collection, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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