Mexico 1866-Ca FP 8 reales

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Heritage sale 3026, lot 25306
photo courtesy Heritage Auction Galleries

This specimen was lot 25306 in Heritage sale 3026 (Long Beach, October 2013), where it sold for $7,637.50. The catalog description[1] noted, "Republic Cap & Rays 8 Reales 1866 Ca-FP, MS61 NGC. Well struck for the issue, with a deeply toned reverse and lustrous obverse. This is the first example of this extremely rare issue that we have offered, and it is, by far, the finest that we have noted in previous auctions or price lists. The J.B. Parker coin, sold by Superior in 1998, was graded XF, and from the catalog picture not even close to this piece in grade. It sold for $3300 at that time. From The Nogales Collection." The Chihuahua mint struck eight reales 1831-95. Many of the early dates are rare but this one is very rare. Three mintmasters (JC, FP and JG) are known for this rare date, of which JC is the least rare.

Recorded mintage: unknown.

Specification: 27.07 g, .903 fine silver, .786 troy oz ASW.

Catalog reference: KM 377.2, DP-Ca40.

Source:

  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • [1]Bierrenbach, Cristiano, Warren Tucker and Scott Cordry, Heritage Signature Auction 3026, World & Ancient Coins, featuring the RLM Collection, Part Two, the Nogales Collection and the Goetz Medals Die Archive, Dallas, TX: Heritage Auction Galleries, 2013.
  • Dunigan, Mike, and J. B. Parker, Resplandores: Cap and Ray 8 Reales of The Republic of Mexico, 1823-1897, Beverly Hills, CA: Superior Stamp & Coin, 1997.
  • Harper, David C. [Ed.], North American Coins & Prices, 17th Ed., Iola, WI: Krause Publications, 2007.
  • Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.
  • Raymond, Wayte, The Silver Dollars of North and South America, 2nd Ed., Racine, WI: Whitman Publishing, 1964.

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