Sinaloa 1862 1/4 real

Stack's Bowers ANA sale, lot 41323

This specimen was lot 41323 in Stack's Bowers ANA sale (Chicago, August 2024), where it sold for $960. The catalog description^[1] noted, "MEXICO. Sinaloa. 1/4 Real, 1862. Culiacan Mint. NGC MS-61 Brown. An impressive Mint State survivor from this issuance. Undoubtedly RARE in this grade, the present example stands as the only one certified by NGC. A bold strike gives the coin exceptional clarity and definition throughout, alongside ample luster in the fields. Toned to a handsome brown coloration with splashes of reddish brilliance adding to its charm. From the EMO Collection." This specimen is one of a series of copper quarter reals issued 1847-66 by the "free and sovereign" state of Sinaloa. It is a common date but, like most Mexican state issues, not often found in the quality shown. 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: unknown.

Specification: copper.

Catalog reference: EMO-3147.1 (Plate coin); KM-363.

Source:

• Bailey, Don, State & Federal Copper and Brass Coinage of Mexico, 1824-1872, Hemet, CA, 2008.
• Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
• Cuhaj, George S., and Thomas Michael, Unusual World Coins, 6th ed., Iola, WI: Krause Publications, 2011.
• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, August 2024 Global Showcase Auction, World & Ancient Coins, featuring The Emilio M. Ortiz Collection, The Richard Margolis Collection and The Rutherford Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2024.

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• Sinaloa 1861 ¼ real
• Sinaloa 1861 pattern ¼ real* Zacatecas 1862 1/8 real
• Jalisco 1862 1/4 real
• San Luis Potosi 1862 1/4 real
• Sonora 1862 1/4 real
• 1862-M^O centavo pattern
• Zacatecas 1862 ¼ real
• 1862-G^O ¼ real
• 1862-M^O ¼ real
• 1862-M^O ½ real
• 1862-Z^S ½ real
• 1862-G^O real
• 1862-G^O 2 reales
• 1862-M^O 2 reales
• 1862-Z^S 2 reales
• 1862-G^O 4 reales
• 1862-M^O 4 reales
• 1862-C 8 reales
• 1862-C^A 8 reales
• 1862-D^O 8 reales
• 1862-G^A 8 reales
• 1862-G^O YE 8 reales
• 1862-G^O YF 8 reales
• 1862-H^O 8 reales
• 1862-M^O 8 reales
• 1862-O 8 reales
• 1862-O^A FR 8 reales
• 1862-P^I 8 reales
• 1862-Z^S 8 reales
• 1862-C ½ escudo
• 1862-D^O ½ escudo
• 1862-G^O ½ escudo
• 1862-M^O ½ escudo
• 1862-Z^S ½ escudo
• 1862-G^O escudo
• 1862-M^O escudo
• 1862-Z^S escudo
• 1862-G^O 2 escudos
• 1862-M^O 2 escudos
• 1862-G^O 4 escudos
• 1862-Z^S 4 escudos
• 1862-C^A 8 escudos
• 1862-D^O 8 escudos
• 1862-C 8 escudos
• 1862-G^O 8 escudos
• 1862-Z^S 8 escudos
• Sinaloa 1863 ¼ real
• Coins and currency dated 1862
• return to Mexican imperial and republican coinage, 1822-1905