Mexico 1877-Mo M peso

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from the Mountain Groan Collection
Mexico 1877Mo peso oro rev DSLR.jpg
photo courtesy Stack's
Mexico 1877Mo peso oro rev Stacks 110-1454.jpg

The first specimen is listed as a common date of a series struck 1869-1905 at the Mexico City mint. The second specimen was lot 1454 in Stack's "Vermuele, Ward & Mexico Maxico" sale (New York, January 2010), where it sold for $460. The catalog description[1] noted, "MEXICO. Republic. Gold Peso, 1877 Mo M. Mexico City. Bold eagle facing r. with snake in beak. Rv. Value in wreath. Slightly reflective fields, clean surfaces and a pleasing sharp strike for this issue. There is a trace of an undertype on the left side of the final 7, perhaps a ghost of a 6. Choice About Uncirculated." Mexico City is the commonest mint, followed by Guanajuato, Culiacan, Zacatecas (scarce), Hermosillo (rare), Alamos (rare) and Chihuahua (rare). Even the common dates have low mintages but the type was widely hoarded, making it reasonably available today. However, many of the Mexico City dates are scarcer than the catalog indicates.

Recorded mintage: unknown.

Specification: 1.69 g, .875 fine gold, .047 troy oz AGW.

Catalog reference: KM 410.5, Fr-157.

Source:

  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • [1]Kraljevich, John, and Frank Van Valen, The Vermuele, Ward & Mexico Maxico Collections, New York: Stack's, 2009.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.

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