Mexico 1924-M 5 centavos
The first specimen was lot 2854 in Ponterio sale 164 (New York, January 2012), where it sold for $402.50. The catalog description noted, "MEXICO. 5 Centavos, 1924-Mo. Very elusive date in high quality. Sharply struck. PCGS MS-65 BN." This specimen is a better date example of a type struck 1914-35 at Mexico City. The last branch mints, Zacatecas and Culiacan, were closed in 1905 and all official Mexican coinage since has borne the Mexico City mintmark ("M" or "Mo"). The previous nickel five centavos (struck 1905-14) were struck on blanks imported from Germany, a trade blocked by the outbreak of World War One. The bronze five centavos was demonetized in 1936 and withdrawn in 1937. The 1931 five centavos, one of the major rarities of twentieth century Mexican numismatics, was apparently struck but never officially released. There are also similar bronze one, two, ten and twenty centavos.
Recorded mintage: 780,000.
Specification: 9 g, bronze, 28 mm diameter.
Catalog reference: KM 422.
- Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- Ponterio, Richard, Ponterio sale 164: The January 2012 N.Y.I.N.C. Auction, Irvine, CA: Stack's Bowers LLC, 2011.