Mexico 1866-Mo 50 centavos Maximilian

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from the Mountain Groan Collection
from the Mountain Groan Collection
Ponterio sale 155, lot 6475
Ponterio sale 155, lot 6475
photo courtesy Ponterio & Associates
photo courtesy Ponterio & Associates

This type was struck the one year only and is probably the hardest to find of the Maximilian coinage except, of course, the twenty pesos. Most survivors are in poor condition like the first one shown. It and the rest of the imperial coinage were demonetized by the Juarez regime as soon as Maximilian had been captured and shot, but the amount of wear indicates that the coin circulated for a long period anyhow. The next fifty centavos issue was the balance scale type of 1869-95 (KM 407). The second specimen was lot 6475 in Ponterio sale 155 (Baltimore, November 2010), where it sold for $540.50. The catalog description[1] noted, "MEXICO. Maximilian. 50 Centavos, 1866. Toned, NGC MS-61."

Specification: 13.54 g, .903 fine silver, .393 troy oz ASW.

Recorded mintage: 31,000.

Catalog reference: KM 387.

Source:

  • Harper, David C. [Ed.], North American Coins & Prices, 17th Ed., Iola, WI: Krause Publications, 2007.
  • [1]Ponterio, Richard, and Kent Ponterio, The November 2010 Baltimore Auction, Irvine, CA: Bowers and Merena, 2010.
  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.

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