Mexico 1846-Ca RG 8 escudos

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Mexico 1846Ca 8 escudos obv Stacks 110-1201.jpg
Mexico 1846Ca 8 escudos rev Stacks 110-1201.jpg

This specimen was lot 1201 in Stack's "Vermuele, Ward & Mexico Maxico" sale (New York, January 2010), where it sold for $2,300. The catalog description[1] noted, "MEXICO. Republic. 8 Escudos, 1846 Ca RG. Chihuahua. Hand inscribing law book with quill and Liberty Cap. Rv. Bold eagle facing r. with snake in beak. A rare coin in any grade, this one is particularly nice and lustrous, and shows double striking on the obverse and reverse with about a 20° rotation in the strikes. Lightly cleaned, with shallow scratches in the fields below the book. Extremely Fine or better." 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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