Mexico 1869-Oa E peso

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Ponterio sale 169, lot 11289
Mexico 1869Oa peso rev Ponterio 169-11289.jpg
Ponterio sale 169, lot 22323
Mexico 1869Oa peso rev Ponterio 169-22323.jpg

The first specimen was lot 11289 in Ponterio sale 169 (Baltimore, November 2012), where it sold for $382. The catalog description[1] noted, "MEXICO. Peso, 1869-OaE. First year of issue. Old cleaning and a couple of old scratches. Nearly EXTREMELY FINE." The second specimen was lot 22323 in Ponterio sale 169 (Baltimore, November 2012), where it sold for $235. The catalog description[1] noted, "MEXICO. Oaxaca. Peso, 1869-OaE. RARE date. Cleaned. Some small rim bumps and a tiny granular planchet flaw at 7 o'clock. VERY FINE." Shown is a balance scale peso, of a type struck 1869-1873. It was not a success in the export market, the destination for most of Mexico's silver, so the type was discontinued in 1873 in favor of the resumption of the "cap and ray" eight reales. This issue from Oaxaca is very scarce. Other mints include Culiacan (scarce), Durango (scarce), Mexico City (common), San Luis Potosi (scarce), Chihuahua (common), Guanajuato (common), Zacatecas (common) and Guadalajara (scarce).

Recorded mintage: unknown but scarce.

Specification: 27.07 g, .903 fine silver, .786 troy oz ASW.

Catalog reference: KM-408.6.

Source:

  • 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, Ponterio sale 169: The November 2012 Baltimore Auction, Irvine, CA: Stack's Bowers, LLC, 2012.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.

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