Mexico 1981-Mo onza oro

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Goldberg sale 60, lot 2523
Goldberg sale 60, lot 2523
photo courtesy Ira & Larry Goldberg
photo courtesy Ira & Larry Goldberg

In 1949 the Mexico City mint issued the world's first silver onza to modest success. The krugerrand, a South African one ounce gold coin, was a marketing success in the 1970's and this medallion was introduced in 1981 to compete with it. Unlike the silver onza, which was very popular, this type was less successful, being issued in 1985 and 1988 only before being redesigned in 1991. This specimen was lot 2523 in Goldberg sale 60 (Beverly Hills, September 2010), where it sold for $1,236.25. The catalog description[1] noted, "Mexico. Onza, 1981. Winged Victory. Brilliant Uncirculated."

Recorded mintage: 596,000.

Specification: 34.55 g, .900 fine gold, 1.00 troy oz AGW, reeded edge.

Catalog reference: KM 489.

Source:

  • [1]Ira and Larry Goldberg, Goldberg sale 60: the pre-Long Beach sale, Beverly Hills, 2010.
  • Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002.

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