Mexico 1824-Do RL 2 reales

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Heritage sale 3029, lot 31667
Mexico 1824Do 2 reales rev H3029-31667.jpg

This specimen was lot 31667 in Heritage sale 3029 (New York, January 2014), where it sold for $1,292.50. The catalog description[1] noted, "Republic Hookneck 2 Reales 1824 Do-RL, XF40 NGC. Variety with mintmark as Do. Very lightly toned and original with excellent eye appeal. Seldom seen in this quality." This type was struck at the Durango and Mexico City mints during 1824. During this period, the other branch mints continued to produce coins of the colonial type. Numismatic authors have written panegyrics to the beauty of the "hookneck" design but it was abandoned quickly for the familiar facing eagle reverse used until the 1890's, most likely because the hookneck design struck up poorly.

Recorded mintage: unknown.

Specification: 6.77 g, .903 fine silver, .195 troy oz AGW.

Catalog reference: KM 373.1.

Source:

  • [1]Bierrenbach, Cristiano, Stuart Levine and Bruce Lorich, Heritage World and Ancient Coins Auction 3029, featuring Selections from the Eric P. Newman Collection, Part III, Dallas, TX: Heritage Auction Galleries, 2013.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.

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