Mexico 1848-Ca RG 8 escudos

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from Stack's Bowers 2016 ANA sale, lot 21185
Mexico SB816-21185r.jpg

This specimen was lot 21185 in Stack's Bowers ANA sale (Anaheim, CA, August 2016), where it sold for $2,937.50. The catalog description[1] noted, "MEXICO. 8 Escudos, 1848-CaRG. PCGS AU-55 Secure Holder. An attractive straight graded branch mint issue. Fully original and with a remarkable amount of original undisturbed lustrous surface. Elusive, especially in the CHOICE ALMOST UNCIRCULATED condition seen here." 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 25% 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: Fr-68; KM-383.1.

Source:

  • [1]Ponterio, Richard, The August 2016 Anaheim ANA Auction: Ancient Coins, World Coins & Paper Money, Santa Ana, CA: Stack's Bowers LLC, 2016.
  • 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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