El Salvador 1908-CAM peso

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from Steve Album sale 27,lot 1876
El Salvador Alb27-1876r.jpg

This type was struck at Brussels and Philadelphia 1904-14. It is fairly common in circulated condition. The Philadelphia issues may be distinguished by a broader shoulder and heavier jowls on Colombus's face. This specimen was lot 1876 in Stephen Album sale 27 (Santa Rosa, CA, January 2017), where it sold for $235. The catalog description[1] noted, "SALVADOR: AR peso, 1908. C.A.M. mint mark, NGC graded MS63. Minting in El Salvador came to an end in 1896. Due to high production costs, minting coins locally turned out to be a bad deal for the Salvadoran government; the old mint building was then occupied by National Printing. The subsequent production of silver coins was made by various mints in Europe and the United States until 1914. These were still carrying the initials C.A.M. (Central American Mint)."

Recorded mintage: 690,000 struck at Brussels.

Specification: 25 g, .900 fine silver, .723 troy oz ASW.

Catalog reference: KM 115.1.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
  • Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 27, featuring the Dr. Paul Stevens Collection of Indian Coins, Part VI, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2016.

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