Mexico 1948 peso

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from Stack's Bowers October 2021 Collector's Choice sale, lot 71649
SB1021-71649r.jpg
from the Mountain Groan Collection
Mexico 1948 peso rev DSLR.jpg

The first specimen was lot 71649 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, October 2021), where it sold for $576. The catalog description[1] noted, "MEXICO. Peso, 1948-Mo. Mexico City Mint. PCGS MS-66. Tied with just three other examples for the top spot in the PCGS census, this Gem presents a rather alluring nature to its peripheral toning, all while being paired with tremendous cartwheel luster." This type was issued in large numbers 1947-48. A small quantity was made in 1949 but never officially released. Of course, a few got out and are now famous rarities. The next issue of pesos was only .300 fine.

Recorded mintage: 22,915,000.

Specification: 14 g, 0.500 fine silver, 32 mm diameter.

Catalog reference: KM 456.

Source:

  • Amaya Guerra, Carlos Abel, Epitome Ilustrado de la Moneda Mexican Moderna, 1905 a 2015, Monterrey, Mexico, 2015.
  • Bailey, Don and Lois, Whitman Encyclopedia of Mexican Money, Volume 1, An Illustrated History of Mexican Coins and Currency, Atlanta: Whitman Publishing, 2014.
  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • 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, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Raymond, Wayte, The Silver Dollars of North and South America, 2nd Ed., Racine, WI: Whitman Publishing, 1964.
  • Utberg, Neil S., The Coins of Mexico, 1536-1963, San Antonio, TX, 1963.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The October 2021 Collector's Choice sale: World and Ancient Coins, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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