Mexico 1824-Go JM 8 reales

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Goldberg sale 46, lot 1122
photo courtesy Ira & Larry Goldberg
This specimen was lot 1122 in Goldberg sale 46 (Beverly Hills, May 2008), where it sold for $13,000. The catalog description[1] noted,
"Mexico - Republic. 8 Reales, 1824-Go-JM (Guanajuato). Open snake type. Hooknecked-eagle, left, holding looped defiant snake. Reverse: Liberty Cap, rays behind. Good strike for this series -- the centers just a little soft, with evidence of clashing to reverse die. Choice surfaces; lustrous, with even medium toning. NGC graded MS-62. Provenance: Ex Antonio Karem Collection. This is the finest known example for this mint, and perhaps the only Mint State specimen of the type for Guanajuato."

With the fall of Iturbide and the establishment of the republic came a new design of eight reales. The "hook-neck," or sideways eagle style, was issued from Durango, Guanajuato and Mexico City 1823-25. Full strikes are scarce and uncirculated examples are rare. Many varieties exist.

Recorded mintage: unknown.

Specification: 27.07 g, .903 fine silver, .786 troy oz ASW, this specimen: 26.81 grams.

Catalog reference: Eliz-176; KM-A376.1.

Source:

  • [1]Goldberg, Ira, and Larry Goldberg, Goldberg Sale 46: the Millenia Collection, Beverly Hills, CA: Ira and Larry Goldberg Auctioneers, 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, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • Dunigan, Mike, and J. B. Parker, Resplandores: Cap and Ray 8 Reales of The Republic of Mexico, 1823-1897, Beverly Hills, CA: Superior Stamp & Coin, 1997.
  • Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.

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