Mexico 1870-Zs H peso

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from Stack's Bowers 2017 NYINC sale, lot 7005
Mexico SB117-7005r.jpg

This specimen was lot 7005 in Stack's Bowers NYINC sale (New York, January 2017), where it sold for $1,292.50. The catalog description[1] noted, "MEXICO. Peso, 1870-ZsH. PCGS MS-63 Secure Holder. Tied with one example for finest certified at NGC and PCGS. Nice steely grey toning." 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 Zacatecas is common. Other mints include Culiacan (scarce), Durango (scarce), Mexico City (common), Oaxaca (scarce), Chihuahua (common), Guanajuato (common), Potosi (common) and Guadalajara (scarce).

Recorded mintage: 4,519,000, a common date.

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

Catalog reference: KM-408.8.

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, The January 2017 NYINC Sale: Ancient Coins, World Coins & Paper Money, featuring the Richard Stuart Collection, Santa Ana, CA: Stack's Bowers LLC, 2016.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.

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