San Luis Potosi 1867 1/4 real

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from the Mountain Groan Collection, without "AFG"
San Luis Potosi 1867 cuartilla rev DSLR.jpg
from the San Dimas Collection, with "AFG"
San Luis Potosi 1867 cuartilla rev JS.jpg

This specimen is a copper quarter reales issued 1867 only by the state of San Luis Potosí. Issued in the final years before the central government began to quash the circulation of local issues, it is rather available in decent condition. Varieties exist with and without the engraver's intials "AFG" on the obverse.

The Mexican constitution reserved the right to coin gold and silver to the federal government but granted the right to mint copper to the states, which right they used and abused. For some states, this was a major source of revenue as the metal content was much less than the face value. For others, it was an opportunity to thumb their noses at the central government by proclaiming their "free and sovereign" status.

Recorded mintage: 3,177,000.

Specification: copper.

Catalog reference: KM 361 (milled edge), KM 362 (plain edge).

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th 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.
  • [2]Bailey, Don, State & Federal Copper and Brass Coinage of Mexico, 1824-1872, Hemet, CA, 2008.

Link to:

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