Mexico 1979 onza

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from the Stack's Bowers 2022 NYINC sale, lot 7885
SB122-7885r.jpg

This specimen was lot 7885 in Stack's Bowers NYINC sale (New York, January 2022), where it sold for $144. The catalog description[1] noted, "MEXICO. Onza, 1979-Mo. Mexico City Mint. PCGS MS-66. Type 4. A boldly struck Gem quality Onza with pleasing sunset toning colors throughout." In 1949 the Mexico City mint issued the world's first onza to modest success. It tried again in 1978-80 with a modified version of the 1949 design. While millions were made and sold, it did not meet the expectations of mint officials and this is the last year of issue. In 1982, the mint tried again with the Libertad with much better luck.

Recorded mintage: 4,508,000.

Specification: 33.63 g, 0.925 fine silver, 41 mm diameter.

Catalog reference: KM-M49b.4.

Source:

  • 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.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The 2022 NYINC Sale: World and Ancient Coins, featuring the Mark and Lottie Salton Collection and the Pat Johnson Collection, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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