Mexico 1888-As L/M peso

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photo courtesy Stack's
Mexico 1888As 2-5 pesos rev Stacks 110-1447.jpg

This specimen was lot 1447 in Stack's "Vermuele, Ward & Mexico Maxico" sale (New York, January 2010), where it sold for $977.50. The catalog description[1] noted, "MEXICO. Republic. Gold Peso, 1888 As L/M. Alamos. Bold eagle facing r. with snake in beak. Rv. Value in wreath. Edge above eagle's head shows solder and tooling, well struck with even yellow-gold surfaces that reflect some hairlines. Stated to be rare in Krause with no reported mintage; these seldom turn up at auction in any grade. About Uncirculated, ex mount." 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.

Recorded mintage: unknown.

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

Catalog reference: KM 410, Fr-158.

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.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • 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.

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