Mexico 1852/1-Do JMR 8 escudos

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photo courtesy Stack's
Mexico 1852Do 8 escudos rev Stacks 110-1225.jpg
This specimen was lot 1225 in Stack's "Vermuele, Ward & Mexico Maxico" sale (New York, January 2010), where it sold for $1,725. The catalog description[1] noted,
"MEXICO. Republic. 8 Escudos, 1852/1 Do JMR. Durango. Hand inscribing law book with quill and Liberty Cap. Rv. Bold eagle facing r. with snake in beak. Slightly prooflike surfaces exhibit satiny centers and a few very faint scratches. The strike is shallow but the central devices are reasonably well defined. Moderate planchet flaws on the reverse rims, one touching the R of REPUBLICA and a couple of smaller ones below the wreath. A rare issue, and as noted in Richard A. Long's reference work, before the 11 examples that came out in the 1990-94 Sotheby's auctions, this date was virtually unknown. Choice Extremely Fine."
The Durango mint struck eight escudos 1832-70 and is one of the abundant mints tho less so than Culiacan or Guanajuato; many dates are common. The eagle is distinctive to Durango and can be found on all the silver and gold denominations.

Recorded mintage: unknown.

Specification: 27.07 g, .875 fine gold, .761 troy oz AGW.

Catalog reference: KM 383.3, Fr-68.

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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