Mexico 1894-As L 10 pesos

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Heritage sale 3020, lot 24434
photo courtesy Heritage Auction Galleries

This specimen was of lot 24434 in Heritage sale 3020 (Long Beach, September 2012), where it sold for $2,585. The catalog description[1] noted, "Republic gold 10 Pesos 1894 As-L, MS63 NGC. Prooflike fields, with bold definition and moderate contact marks. A much scarcer mint, especially so in this condition." This specimen is one of a series struck at the Alamos mint 1874-95. Although production was substantial, Alamos remains a rare mint, priced about double Mexico City, Culiacan or Zacatecas. Mintage figures are not a reliable indicator of rarity for this type due to the accidents of hoarding; many low mintage issues are readily available while other high mintage issues are very rare.

Recorded mintage: 1,658.

Specification: 16.92 g, 0.875 fine gold, .476 troy oz AGW.

Catalog reference: KM 413.

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.
  • [1]Tucker, Warren, and Cris Bierrenbach, Heritage Signature Auction 3020: World Coins, Dallas, TX: Heritage Auction Galleries, 2012.

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