![]() The auction will be held at The Bellagio Hotel and Casino in Las Vegas on Aug. Normal “cobs” during the first new centuries of Spanish Colonial rule in the New World had crude appearances, with strikes that were usually unevenly applied, according to Stack’s Bowers Galleries. Intended as a “royal” presentation, the coin has a centered, bold strike upon a planchet free from impurities, while also featuring intense yellow-gold hues and mint luster, a departure from the normal “cob” coinage. ![]() This coin was offered from the collection ofĪ famous coin collector who died in 2019 at age 54. ![]() “This unique piece of Mexican and Spanish history represents a world that doesn’t exist anymore but tells a story of exploration and conquest that will never exist again in our lifetime.” President of Stack’s Bowers, said in a statement. “What was once thought lost forever is now literally a piece of treasure for collectors,” The coins were recovered from the shipwrecks over the last 50 years, and all are considered “treasure coins.” The ships all sunk in a hurricane when they neared what is today known as the Florida Keys, according to the auction house. He believes that because his pattern – which, amazingly, he said had been tossed aside as nothing special when he found it in a large collection - has apparently never been seen before and because it could be unique, it is likely one of the rarest Mexican coins of at least the 20th century, if not further back.This coin and others like it were aboard a fleet of galleons headed from the New World to Spain in 1715. He calls himself an old school collector who is only interested in coins that circulated and does not collect silver Libertads, which he sees more as medals or perhaps bullion since they do not carry a denomination. After collecting the coins of Puerto Rico, he moved on to Mexican coins and is very close to finishing a complete set from 1905 to date. The only pattern 50 Centavos from this period is from 1945, but that one was made of copper-nickel and valued at $1,350 in the same edition.Ĭoro grew up in Puerto Rico and Florida and began collecting coins with his father, a Cuban exile, at age six. But there is no reference to a 50 Centavos silver pattern from 1947 with that design. for 7 grams 0.500, the silver fineness Mo for Mexico and 1947.Ī check of the Krause Standard Catalog of World Coins, 1901 to 2000 turns up a similar pattern – a 1 Peso silver coin from 1947 that is described as having the same design combination as the piece in question that is valued at $2,600 in the 2015 edition. ![]() There are also inscriptions for 50 Centavos 7 gr. When it came back, NGC said it was a silver pattern piece that grades MS64 and noted the left-facing bust of 19th-century Mexican political leader Benito Juarez on the coin's reverse. Mexican Gold Pesos have been a Gold Bullion enthusiasts favorite for years because of their beautiful designs and reasonable trading price. The piece is believed to be what collectors like to call one of one, or unique.Īfter purchasing it as part of a large collection of Mexican coins from someone who had been a serious collector from the 1950s to the '70s, Coro submitted it to NGC for grading while attending the FUN Show in January 2022. Get the best deals on Gold Mexican Coins when you shop the largest online selection at. ![]() On the exergue, the denomination 20 and the. The piece is so rare that officials from the Banco de Mexico, which oversees the mint, said they have never seen an example, and it is not part of their legendary collection of Mexican coins that rivals the Smithsonian's collection of American coins in its completeness. In the upper outline, the legend BICENTENARIO DE LA MARINA-ARMADA DE MXICO (BICENTENNIAL OF THE MEXICAN NAVY). A coin collector and part-time dealer named Adrian Coro, who specializes in circulating Mexican coinage, recently made the find of a lifetime when he came across a Mexican 1947 silver 50 centavos coin that numismatists did not think even existed. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |