Mexico 1899-Mo M 20 pesos

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from Heritage sale 3049, lot 31222
Mexico H3049-31222r.jpg

This specimen was lot 31222 in Heritage sale 3049 (Long Beach, September 2016), where it sold for $2,232.50. The catalog description[1] noted, "Republic gold 20 Pesos 1899 Mo-M MS62 NGC, Mexico City mint. A brilliant Uncirculated selection displaying the expected handling marks for the designation, glowing with a tremendous amount of coppery-hued luster that shines upon rotation. Boldly rendered and attractive from all angles, absolutely coveted when offered at the Mint State level." This type was struck at Mexico City 1870-1905. The type is also recorded from Culiacan, Durango, Guanajuato, Alamos, Chihuahua, Hermosillo, Oaxaca and Zacatecas but Mexico City is by far the most prolific issuer. The 1899-MoM is considered 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: 23,000.

Specification: 33.84 g, .875 fine gold, .952 troy oz AGW.

Catalog reference: KM 414.6, Fr-119.

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.
  • 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.
  • [1]Cristiano Bierrenbach, Warren Tucker and David Michaels, Heritage World Coin Auction 3049, featuring the Ohio Valley Collection, the Redwood Collection and the F.P. Briand Collection, Dallas, TX: Heritage Auction Galleries, 2016.

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