Mexico 1988 500 pesos KM-534

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Stack's Bowers 2021 ANA sale, lot 41219
photo courtesy Stack's Bowers LLC

This specimen was lot 41219 in Stack's Bowers ANA sale (Costa Mesa, CA, August 2021), where it sold for $3,120. The catalog description[1] noted, "MEXICO. 500 Pesos, 1988-Mo. Mexico City Mint. NGC MS-65. Commemorating the 50th anniversary of the nationalization of the oil industry. The only example at this level, and exceeded by just one other in the NGC census, this VERY RARE celebratory issue presents great brilliance and radiance, along with a hint of frosting to the devices. Its counterpart, the 1000 Pesos denomination, recently realized a total of $5,280 in our February 2021 CCO auction (lot 74188)." The regular circulating 500 pesos (KM 529) featured martyred president Francisco Madero.

Recorded mintage: 611.

Specification: 17.28 g, 0.900 fine gold, 0.500 troy oz AGW.

Catalog reference: Fr-190; KM-534.

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.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • 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.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The August 2021 ANA sale: World and Ancient Coins, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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