Mexico 1870-Pi G 10 centavos

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Ponterio sale 159, lot 8965
photo courtesy Ponterio & Associates
Ponterio sale 159, lot 8966
photo courtesy Ponterio & Associates

This specimen is a rare date of a series struck 1869-93 at the San Luis Potosi mint. This ten centavos piece replaced the silver one real struck since colonial times. Several transitional designs were issued 1863-70, including one by the Maximilian regime, before settling on this type. It, in turn, was replaced by a ten centavos piece with a redesigned reverse in 1898. The first specimen was lot 8965 in Ponterio sale 159 (Baltimore, March 2011), where it sold for $115. The catalog description[1] noted, “MEXICO. Potosi. 10 Centavos, 1870/69-PiG. RARE date. FINE." The second specimen was lot 8966 in Ponterio sale 159 (Baltimore, March 2011), where it sold for $287.50. The catalog description[1] noted, “MEXICO. Potosi. 10 Centavos, 1870-PiG. RARE date. Light adjustment marks. VERY FINE."

Specification: 2.71 g, .903 fine silver, .078 troy oz ASW.

Recorded mintage: 18,000 (assayers O and G).

Catalog reference: KM 403.9.

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]Ponterio, Richard, Ponterio sale 159: the March 2011 Baltimore Auction, featuring the Len Novotny collection, Irvine, CA: Stack's-Bowers & Ponterio, 2011.

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