Mexico 1842-Ca RG 8 escudos

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photo courtesy Stack's
Mexico 1842Ca 8 escudos rev Stacks 110-1198.jpg

This specimen was lot 1198 in Stack's "Vermuele, Ward & Mexico Maxico" sale (New York, January 2010), where it sold for $1,265. The catalog description[1] noted, "MEXICO. Republic. 8 Escudos, 1842 Ca RG. Chihuahua. Hand inscribing law book with quill and Liberty Cap. Rv. Bold eagle facing r. with snake in beak. This is one of the more obtainable dates from the Chihuahua Mint of the 8 Escudo denomination. The present coin has attractive orange-gold surfaces, minimal edge problems, and an average strike. About Extremely Fine." Many consider the Chihuahua mintmark to be common on pre-decimal issues but that is only true of the eight reales of the period 1874-95. Chihuahua half reals are known only for the years 1844-45 and the reals 1844-45 and 1855. No four reales are known to exist from this mint. The only gold issues are eight escudos 1841-71. This is an early issue for this mint. The date is given a 75% premium over the contemporary Guanajuato mint in the SCWC.

Recorded mintage: unknown.

Specification: 27.07 g, .875 fine gold, .760 troy oz AGW.

Catalog reference: KM 383.1, Fr.67.

Source:

  • [1]Kraljevich, John, and Frank Van Valen, The Vermuele, Ward & Mexico Maxico Collections, New York: Stack's, 2009.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • Long, Richard A., Gold Coins of the Early Mexican Republic, 1823-1873, North Bend, OR: Wegferd Publications, 2004.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.

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