Toluca 1915 5 centavos
This specimen was lot 72617 in Stack's Bowers Collector's Choice sale (Santa Ana, CA, October 2019), where it sold for $288. The catalog description noted, "MEXICO. Estado de Mexico. Toluca. 5 Centavos, 1915. PCGS EF-45 Gold Shield. Struck in cardboard. A neat piece from the revolutionary period exhibiting nice even wear." This enigmatic piece accompanies some countermarked coinage issued as the same time. Many municipalities, unable to obtain regular coinage, used cardboard or paper chits to keep their bus or streetcar lines running during the Revolution. This type straddles the line between coinage and paper money.
Recorded mintage: unknown.
Specification: cardboard, 1.04-1.16 g.
Catalog reference: KM-692; GB-263; M-2808.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- Orsini, Matt, Richard Ponterio and Kyle Ponterio, The October 2019 Collector's Choice Sale: World and Ancient Coins, Santa Ana, CA: Stack's Bowers LLC, 2019.