Honduras 1892 peso

from the Stack's Bowers 2019 ANA sale, lot 21196

Stack's Bowers November 2022 Collectors Choice sale, lot 72547

The first specimen was lot 21196 in Stack's Bowers ANA sale (Chicago, August 2019), where it did not sell. The catalog description^[1] noted, "HONDURAS. Peso, 1892/0. Tegucigalpa Mint. PCGS MS-63 Gold Shield. Although not especially rare as a type or date, this is certainly a condition rarity for this appealing issue, lustrous overall with few surface marks and lavender tone punctuated by hues of gold." This specimen was also lot 20474 in Stack's Bowers NYINC sale (New York, January 2020), where it sold for $1,200. The second specimen was lot 72547 in Stack's Bowers Collectors Choice sale (Costa Mesa, CA, November 2022), where it sold for $1,080. The catalog description^[2] noted, "HONDURAS. Peso, 1892/0. Tegucigalpa Mint. PCGS MS-61. Seldom do we get a chance to present one of these magnificent Honduran Pesos in Mint State. Though relatively common in circulated grades, the well used denomination becomes RARE at this level of preservation. The present coin has a wonderful shimmer to the fields that easily collects the light, while design elements are adorned with a bright steel gray patina. The strike is a touch weak, with dies not bringing up certain intricate details, but this is very common for the issue and practically unavoidable. Specialists should take note and prepare a strong bid."This type was issued in Honduras 1883-1903 and 1914 and usually comes poorly struck. It is much commoner than the earlier KM 51, issued 1881-83. Varieties, overdates, etc., abound. The peso was dropped in favor of the lempira in 1931. The SCWC lists no normal dates, only 1892/1 and 1892/0.

Recorded mintage: unknown.

Specification: 25 g, 0.900 fine silver, Ø37 mm.

Catalog reference: KM-52.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
• Robinson, Charles, The Coins of Central America, 1733-1965, San Benito, TX: 1965.
• Stickney, Brian, A Monetary History of Central America, New York: American Numismatic Society, 2017.
• ^[1]Orsini, Matt, Richard Ponterio and Kyle Ponterio, The August 2019 Chicago ANA Auction: World Coins, Santa Ana, CA: Stack's Bowers LLC, 2019.
• ^[2]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The November 2022 Collectors Choice Ancient & World Coins Auction, Featuring the Pat Johnson Collection, Costa Mesa, CA: Stack's Bowers LLC, 2022.

Link to:

• 1891 peso
• 1893/1 peso
• Coins and currency dated 1892