Mexico 1871-Go S peso

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from the Mountain Groan Collection
Mexico 1871GoS peso rev DSLR.jpg
Ponterio sale 155, lot 6497
Ponterio sale 155, lot 6497

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. The specimen shown displays a conspicuous die cud on the reverse near the end of the olive branch.

This issue from Guanajuato is among the common dates. Other mints include Culiacan (scarce), Oaxaca (scarce), Mexico City (common), Chihuahua (scarce), Guadalajara (rare), Durango (scarce), Zacatecas (common) and Potosi (scarce). Two overdates, 1871/0 and 1871/3, are recorded for the year, both priced substantially higher than the normal date.

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

Recorded mintage: 3,946,000.

Catalog reference: KM 408.4.

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.

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