Mexico 1969 peso KM-Pn205

Stack's Bowers May 2024 Collector's Choice sale, lot 34415

This specimen was lot 34415 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, May 2024), where it sold for $7,800. The catalog description^[1] noted, "MEXICO. Copper-Nickel Peso Pattern, 1969-Mo. Mexico City Mint. PCGS SPECIMEN-64. Purported Mintage: 28. The design that was to be adopted upon circulating coinage from 1970 to 1983. A pearlescent example of this VERY RARE pattern, offering a reflective gleam in the fields and chiseled design elements." The billon peso (KM 459) was retired in 1967, the victim of hoarding, even tho it contained only 0.051 oz of silver. This pattern was the first Mexican peso to contain no silver at all.

Recorded mintage: est. 28.

Specification: copper-nickel.

Catalog reference: KM-Pn205; PLH-PL32 (plate coin); B/H-A131.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, May 2024 World Collectors Choice Online Auction, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2024.

Link to:

• 1967 peso
• 1969 centavo
• 1969 5 centavos
• 1969 20 centavos, Teotihuacán
• 1969 50 centavos, Cuauhtémoc
• 1980 peso, Morelos
• Coins and currency dated 1969
• return to Mexican coinage of the modern era, since 1905