Mexico 1856-Pi MC 4 reales

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Heritage sale 3042, lot 30177
Mexico H3042-30177r.jpg

This specimen was lot 30177 in Heritage sale 3042 (Long Beach, September 2015), where it did not sell. The catalog description[1] noted, "Republic 4 Reales 1856 Pi-MC XF45 NGC, San Luis Potosi mint. Wholesome and attractive for the designation with partial underlying luster and a good strike for the issue. A rare date of this elusive type, usually encountered in lower quality. Vastly superior to the Gerber example, currently the second finest certified example of the date by NGC behind an AU55 coin, rare and very desirable in this preservation since Mint State coins are unobtainable." Shown is an 1856Pi-MC four reales, one of a type struck at the San Luis Potosi mint 1837-69. Assayer MC is recorded for 1849-59. Ten mints (Mexico City, Guanajuato, Zacatecas, Potosi, Oaxaca, Hermosillo, Real del Catorce, Guadalupe y Calvo, Guadalajara and Culiacan) struck this type of which Guanajuato is tied with Zacatecas as the commonest mint. This date is very scarce, verging on rare.

Recorded mintage: unknown.

Specification: 13.54 g, .903 fine silver, .392 troy oz ASW.

Catalog reference: KM 375.8.

Source:

  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • Harper, David C. [Ed.], North American Coins & Prices, 17th Ed., Iola, WI: Krause Publications, 2007.
  • [1]Cristiano Bierrenbach, Warren Tucker and David Michaels, Heritage World Coin Auction 3042, featuring the Read and Bob Bennett Collections, Dallas, TX: Heritage Auction Galleries, 2015.

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