Mexico 1897-Mo M 10 pesos

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Heritage sale 3035, lot 31301
Mexico H3035-31301r.jpg

This specimen was lot 31301 in Heritage sale 3035 (Long Beach, September 2014), where it sold for $3,290. The catalog description[1] noted, "Republic gold 10 Pesos 1897/6 Mo-M MS64 NGC, Mexico City mint. Choice Mint State with the trivial handling marks expected for the grade. A most attractive example, with much mint bloom and well struck and rare in this preservation, despite being a somewhat available date in lower grades (the latter fact despite a reported mintage of only 239 pieces). From The FoxLair Collection." This specimen is one of a series struck at the Mexico City mint 1870-1905. Despite the trifling mintage, this is listed as a common date. Mintage figures are not a reliable indicator of rarity for this type due to the accidents of hoarding; many low mintage issues are readily available while other high mintage issues are very rare.

Recorded mintage: 239.

Specification: 16.92 g, .875 fine gold, .476 troy oz AGW.

Catalog reference: KM 413.7, Fr-128.

Source:

  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • 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.
  • [1]Bierrenbach, Cristiano, and Warren Tucker, Heritage Signature Auction 3035, World and Ancient Coins, featuring the FoxLair Collection and the Law Collection, Dallas: Heritage Auction Galleries, 2014.

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