Mexico 1859-Mo FH 2 escudos

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Heritage sale 3035, lot 31214
Mexico H3035-31214r.jpg

This specimen was lot 31214 in Heritage sale 3035 (Long Beach, September 2014), where it sold for $4,406.25. The catalog description[1] noted, "Republic gold 2 Escudos 1859 Mo-FH AU50 NGC, Mexico City mint. Choice Extremely Fine and very attractive for the designation, with engaging color and high quality surfaces. A very rare date with only a handful of confirmed specimens. An MS62 NGC example of this date - obviously unknown to Long, who only recorded three examples graded VF, XF and AU (this coin?) - hammered for $7,000 in Ponterio's 1/2011 auction (lot 140). That and the present coin are the only two specimens graded by NGC. A rare opportunity to acquire an attractive example of this rarity. From The FoxLair Collection." Guadalajara, along with Mexico City, was the major producer of gold two escudos. Culiacan and Guanajuato, both major emitters of gold, concentrated on other denominations.

Recorded mintage: unknown.

Specification: 6.77 g, .875 fine gold, .190 troy oz AGW.

Catalog reference: KM 380.7, Fr-87.

Source:

  • 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.
  • 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.
  • [1]Bierrenbach, Cristiano, and Warren Tucker, Heritage Signature Auction 3035, World and Ancient Coins, featuring the FoxLair Collection and the Law Collection, Dallas: Heritage Auction Galleries, 2014.

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