Toluca (1915) 40 centavos

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Stack's Bowers February 2024 Collector's Choice sale, lot 73468
SB224-73468r.jpg

This specimen was lot 73468 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, February 2024), where it sold for $280. The catalog description[1] noted, "MEXICO. Estado de Mexico - Toluca. 40 Centavos, ND (1915). PCGS EF-45. Counterstamp of "40" within "C" on reverse of 1906 2 Centavos (KM-419). A nice example of this overstruck issue, bearing its countermark boldly and exhibiting glossy dark brown surfaces throughout." The authorities in Toluca also issued cardboard chits and counterstamped one centavos into twenty centavos. While the twenty centavos was counterstamped over one centavos of the Estados Unidos and the Republic, this forty centavos is only known on Estados Unidos two centavos, probably because no copper two centavos were struck during the Republic.

Recorded mintage: unknown.

Specification: host coin 6 g, bronze, 25 mm diameter, plain edge.

Catalog reference: KM-694; GB-267.

Source:

  • Bailey, Don and Lois, Whitman Encyclopedia of Mexican Money, Volume 1, An Illustrated History of Mexican Coins and Currency, Atlanta: Whitman Publishing, 2014.
  • 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, February 2024 World Collectors Choice Online Auction, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2024.

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