Mexico 1873-Ga C peso

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Heritage sale 3010, lot 21585
photo courtesy Heritage Auction Galleries

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 specimen was lot 21585 in Heritage sale 3010 (Boston, August 2010), where it sold for $1,265. The catalog description[1] noted, "Republic Peso 1873Ga-C, choice UNC, lightly toned with full mint brilliance, faint hairlines in the obverse fields. A very attractive example of the Guadalajara Mint Balance Scale Peso, the scarcest mint of the series in mint state." This issue from Guadalajara is scarce. Other mints include Culiacan (scarce), Durango (scarce), Mexico City (common), Oaxaca (scarce), Chihuahua (common), Guanajuato (common), Zacatecas (common) and Potosi (scarce).

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

Recorded mintage: 277,000.

Catalog reference: KM 408.3.

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, Scott Cordry and John Kraljevich, Heritage Sale 3010: World Coins, Dallas, TX: Heritage Auction Galleries, 2010.

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