Mexico 1948-M centavo
The first specimen was lot 1937 in Classical Numismatic Group's auction of the Richard Lissner collection (Chicago, August 2014), where it sold for $36.30. The catalog description[1] noted, "MEXICO, Estados Unidos Mexicanos. 1905-pres. Æ Centavo. Ciudad de México (Mexico City) mint. Dated 1948 Mo. In NGC encapsulation graded MS 65 RB. Deep reddish brown." This type of 1905-49 is common, tho some of the earlier dates, such as 1915-22 and 1924-25, are scarce. A handsome, lustrous example such as the one shown can be obtained for a few dollars. In 1950, the centavo was downsized and changed to brass (KM 417) in which form it was issued until 1973, long after it had ceased to have any purchasing power.
Recorded mintage: 20,040,000.
Specification: 3 g, bronze, plain edge, this specimen Ø20 mm, 3.00 g, 6h axis.
Catalog reference: KM 415.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
- Harris, Robert P., A Guide Book of Modern Latin American Coins, Racine, WI: Whitman Publishing Co., 1966.
- Utberg, Neil S., The Coins of Mexico, 1536-1963, San Antonio, TX, 1963.
- [1]Teller, M. Louis, and Victor England, Jr., The Richard Lissner Collection, Lancaster, PA: Classical Numismatic Group, 2014.
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