Mexico 1850-Mo 1/8 real

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from the Mountain Groan Collection
Mexico 1850Mo octavo rev DSLR.jpg
Stack's Bowers 2015 NYINC sale, lot 4104
Mexico Stacks Jan15-4104r.jpg

This issue, struck 1841-42 and 1850-51, was the last federal attempt to drive out the abusive minting of state and municipal coppers by being heavier and better made than its competitors. In this it failed. The state and local coppers would not be banished until the introduction of the copper centavo of 1869-97 (KM 391). This specimen was lot 4104 in Stack's-Bowers NYINC sale (New York, January 2015), where it sold for $352.50. The catalog description[1] noted, "MEXICO. 1/8 Real, 1850. Mexico City Mint. Copper. Struck as an attempt by the federal government to end the unregulated minting of state and municipal copper issues. Their strategy was to mint coppers that were of higher quality, but were ultimately unsuccessful with this series. Liberty seated right. A remarkably well manufactured piece with wide rims and a thick 14.33 gms planchet. A few light surface marks. Chocolate brown patina."

Recorded mintage: unknown.

Specification: 14 g, copper, plain edge; this specimen 14.33 g.

Catalog reference: KM 334.

Source:

  • Bailey, Don, State & Federal Copper and Brass Coinage of Mexico, 1824-1872, Hemet, CA, 2008.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • [1]Ponterio, Richard, The January 2015 NYINC Auction: Ancient Coins, World Coins & Paper Money, Featuring the John W. Adams and Ray Czabor Collections, Irvine, CA: Stack's Bowers LLC, 2014.

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