Mexico 1870-Mo C 50 centavos

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Heritage sale 3006, lot 21503
photo courtesy Heritage Auction Galleries
Ponterio sale 159, lot 9197
photo courtesy of Ponterio & Associates

Shown is a balance scale fifty centavos, of a type struck 1869-1895. The first specimen was lot 21503 in Heritage Auctions sale 3006 (Long Beach, September 2009) where it sold for $575. The catalog description[1] noted, "Republic Balance Scales 50 Centavos 1870 Mo-C, MS63 NGC. Fully brilliant with a touch of peripheral weakness. rare in this condition." The second specimen was lot 9197 in Ponterio sale 159 (Baltimore, March 2011), where it sold for $1,035. The catalog description[1] noted, "MEXICO. Mexico City. 50 Centavos, 1870-MoC. Sharply struck. NGC MS-64."

This issue from Mexico City is among the more available dates, though the SCWC gives it a 20% premium over the type coin. However, specimens in the exalted condition shown here are rare and priced accordingly. Other mints include Hermosillo, Culiacan, Durango, Zacatecas, Chihuahua, Guanajuato, Alamos and Potosi.

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

Recorded mintage: 52,000.

Catalog reference: KM 407.6.

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]Tucker, Warren and Scott Cordry, Heritage Signature Auction 3006: World Coins, Dallas, TX: Heritage Auction Galleries, 2009.

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