Mexico 1885-Mo M 20 pesos

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the Stack's Bowers 2020 NYINC sale, lot 21193
Mexico SB120-21193r.jpg

This specimen was lot 21193 in Stack's Bowers NYINC sale (New York, January 2020), where it sold for $2,400. The catalog description[1] noted, "MEXICO. 20 Pesos, 1885-Mo M. Mexico City Mint. NGC MS-61. Tied with just one other example as the finest for the date in the PCGS census, this highly brilliant specimen exhibits an alluring golden-orange tone along with displaying only minor, lightly scattered marks." This specimen is one of a series struck at the Mexico City mint 1870-1905. Although production was substantial, many dates are rare. Mintage figures are not a reliable indicator of rarity for this type due to the accidents of hoarding; many low mintage issues are readily available while other high mintage issues are very rare.

Recorded mintage: 6,000.

Specification: 33.84 g, .875 fine gold, .952 troy oz AGW.

Catalog reference: Fr-119; KM-414.6.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Bailey, Don and Lois, Whitman Encyclopedia of Mexican Money, Volume 1, An Illustrated History of Mexican Coins and Currency, Atlanta: Whitman Publishing, 2014.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • [1]Orsini, Matt, Richard Ponterio and Kyle Ponterio, The January 2020 NYINC Sale: Ancient Coins, World Coins & Paper Money, Santa Ana, CA: Stack's Bowers LLC, 2019.

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