Mexico 1951-Mo 20 centavos

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Ponterio sale 169, lot 22373
Mexico 1951 20 centavos rev Ponterio 169-22373.jpg
from the Mountain Groan Collection
Mexico 1951 20 centavos rev DSLR.jpg

The first specimen was lot 22373 in Ponterio sale 169 (Baltimore, November 2012), where it sold for $100. The catalog description[1] noted, "MEXICO. 20 Centavos, 1951. PCGS MS-66 RD Secure Holder. Highly lustrous and attractive." This handsome coin, a sterling tribute to the skill of Mexican coin engravers, was struck in Mexico City 1943-74 and constitutes one of the longer series in twentieth century Mexico. The eagle was redesigned twice, in 1955 (KM 440) and 1971 (KM 441). Sadly, by the end of its run inflation had so eroded its value that it was worth more in copper than its face value and people were smuggling them into the U.S. to be sold as scrap metal. This date is low mintage and is scarce but not rare.

Recorded mintage: 11,385,000.

Specification: bronze, 28.5 mm diameter, plain edge.

Catalog reference: KM 439.

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.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • 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]Ponterio, Richard, Ponterio sale 169: The November 2012 Baltimore Auction, Irvine, CA: Stack's Bowers, LLC, 2012.

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