Mexico 1872-Mo M peso

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Ponterio sale 155, lot 6498
photo courtesy Stacks Bowers LLC

Shown is a balance scale peso, of a type struck 1869-1873. It was lot 6498 in Ponterio sale 155 (Baltimore, November 2010). It was not a success in the export market, the destination for most of Mexico's silver, so the type was discontinued in 1873 in favor of the resumption of the "cap and ray" eight reales. This issue from Mexico City is common and includes an overdate, 1872/1, and an overassayer, M/C. Other mints include Culiacan (scarce), Durango (scarce), Guadalajara (quite scarce), Oaxaca (scarce), Chihuahua (common), Guanajuato (common), Zacatecas (common) and Potosi (scarce).

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

Recorded mintage: 4,801,000.

Catalog reference: KM 408.5.

Source:

  • 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, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.

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