Mexico 1849-GC MP 8 escudos

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Ponterio sale 177, lot 12388
photo courtesy Stacks Bowers LLC

This specimen was lot 12388 in Ponterio sale 177 (Chicago, August 2013), where it sold for $5,288. The catalog description[1] noted, "MEXICO. 8 Escudos, 1849-GCMP. NGC AU-58. RARE in this grade. Sharply struck." The specimen shown is one of a series struck 1844-52 at the Guadalupe y Calvo mint. That mint struck all the silver and gold denominations used during the republic, from the ¼ real to the 8 escudos. None are common, tho the gold tends to appear more often than the silver.

Recorded mintage: unknown.

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

Catalog reference: Fr-71; KM-383.6.

Sources:

  • 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.
  • [1]Ponterio, Richard, Ponterio sale 177: The August 2013 Chicago ANA Auction, World Coins, Irvine, CA: Stack's Bowers, LLC, 2013.
  • Long, Richard A., Gold Coins of the Early Mexican Republic, 1823-1873, North Bend, OR: Wegferd Publications, 2004.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.

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