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MEXICO - 1823-1909
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1/2E 1836/4DO RM
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NGC AU 58
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This is an amazing coin. Despite the technical grade, vastly superior to other issues that I have seen including the 2 so far sold by Heritage with technically higher grades (MS63/Eliasberg and MS64) as their strike is far weaker. In this specimen one can almost read the book of law. Also, contrary to the coins minted in Mexico City, the script in this specimen is perfect (except for the 6/4 that looks superscript). At the time of purchase (May 2017) has graded 12 coins, with all the other coins graded MS.
From the sale's catalogue: "KM-378.5. Nice strike, lightly toned and quite attractive."
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MEXICO - 1823-1909
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1/2E 1846MO MF
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NGC MS 65
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Amazing little gem. At the time of purchase (July 2018), not just NGC Top Pop, but also one of the finest Mexican half escudos, as there are only 5 half escudos graded at 66 and this coin at 65+ is nearly there.
It was bought by the seller in an auction that listed it as: "Republic gold 1/2 Escudo 1846 Mo-MF MS65+ NGC, Mexico City mint, KM378.5. A first rate coin with seemingly unending luster. Unusually choice for the type with fully struck up feathers on the reverse eagle." To be honest, given the state of preservation, this is rather unenthusiastic for a coin like this. The seller description was "1048699 | MEXICO. 1846-Mo MF AV 1/2 Escudo. NGC MS65+. Mexico City. REPUBLICA MEXICANA. Facing eagle, snake in beak / LIBERTAD... Hand holding cap on stick, open book. KM 378.5. Very rare in this quality."
Long described this coin as common as the 1845, with a 6/5 variety available, and perhaps a 6/4. He also mentioned that 13 wedding coins surfaces in the 1990s making top grade coins available. Perhaps, this coin, is one of those.
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MEXICO - 1823-1909
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1/2E 1848DO RM
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NGC XF 45
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At the time of purchase (October 2020) it is the only specimen in the NGC census, but are 4 in the PCGS (1@40, 1@53, and 2@55).
Interestingly, Mr Richard Long in his book says that is scarce but obtainable. Heritage has only sold one specimen, in 2007.
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MEXICO - 1823-1909
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1/2E 1853MO GC
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PCGS MS 64
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Softly stroke, this coin condition is just as the day it left the mint. At the time of purchase (February 2022), PCGS has graded 9 coins with this one being the only one at 64+ and none higher, hence PCGS Top Pop. NGC has graded 9 coins too, but has one at 66.
Richard long described this issue as one of the commonest half escudos for the Mexico City mint. In this condition, however, it is quite desirable and a condition rarity.
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MEXICO - 1823-1909
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1/2E 1858MO FH
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PCGS MS 61
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Delightful little coin with great amount of lustre. Uncirculated and all the details present. At the time of purchase (January 2019) PCGS has graded 5 coins, with 1@61 and 1@64.
In his book, Mr Richard Long lists this coin as very scarce., "most of the known examples are in XF condition, with a few known in lower grades. AU and BU are extremely rare".
From the sale's catalogue: "Lot Description MEXICO. 1/2 Escudo, 1858-Mo FH. Mexico City Mint. PCGS MS-61 Gold Shield. Fr-107; KM-378.5. Well struck with reflective qualities in the fields. A lovely type representative."
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MEXICO - 1823-1909
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1/2E 1862Mo C/FH
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NGC AU 58
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This coin was bought as assayer CH.
In his description of the 1862 ½ Escudo from Mexico City (½ Escudo 1862 Mo CH) Richard Long mentioned that “in 1958 and 1961 Henry Christiansen had a Fine coin with assayer initials FH, not CH. And a C/F has been reported in just a few dealer descriptions. A student of the ½E series reports that both his C/F and his other coin purchased as a normal CH coin shows a faint F beneath the C” and “…recent catalogs list only the normal coin” (referring to the CH).
So this was bought as ½ Escudo (NGC AU58 2803312-002 labelled as assayer C H).
On detailed inspection on magnification it can be clearly seen that the top of C has a straight horizontal line (vertical arrow), and the inferior arm of an F (horizontal arrow) .
The 1862 Mo ½ escudo is easily available, and the frequency of CH and C/FH varieties remains to be determined.
This very coin was published in the Journal of the US Mexican Numismatic Association, September 2016, page 32 with detailed pictures of the over assayer.
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MEXICO - 1823-1909
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ESCUDO 1834GA FS
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NGC F 15
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This is a coin that is so rare that you can go a decade before seeing it in auction. In his book, Mr Richard Long writes of this issue: “ The 1834 is an extremely rare coin” and does not even include a chart of sales for the issue. Neil Utberg did not even know of its existence in 1966. So with my extreme weakness for rarities in the Republic gold escudos series I was unable to resist buying it when it came to auction.
From the sale's catalogue: "MEXICO. Escudo, 1834-Ga FS. Guadalajara Mint. NGC FINE-15.
Fr-101; KM-379.2. An EXTREMELY RARE date in this or any grade, with the last (and only!) offering that appears in archived online auction records being this coin, which we sold in 2010 as part of the Mexico Maximo collection. The description then, an accurate depiction that remains true today, detailed it as "a rather pleasing example of this extremely rare date with smooth wear, minor central striking weakness but the surfaces are clean. The few reported to exist all show striking softness, and this one is certainly one of the finer examples to exist of this date and mint." All considered, a wonderful second opportunity for the specialist collector who missed out last time around.
Provenance: Ex: Mexico Maxico Collection (Stack's 1/2010) Lot # 1328."
From the sale's catalogue in 2010: "MEXICO. Republic. Escudo, 1834 Ga FS. Guadalajara. Hand inscribing law book with quill and Liberty Cap. Rv. Bold eagle facing r. with snake in beak. KM 379.2, Fr.101. A rather pleasing example of this extremely rare date with smooth wear, minor central striking weakness but the surfaces are clean. The few reported to exist all show striking softness, and this one is certainly one of the finer examples to exist of this date and mint. Very Fine. (300-500) Provenance: From the Mexico Maxico (Magical Mexico) Collection."
This is the coin described in CoinFactsWiki.com
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MEXICO - 1823-1909
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ESCUDO 1841MO ML
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PCGS AU 58
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Amazing escudo from the Mexico City mint. Adjustment marks on both sides. Also, weakly stroke on both sides yet on the reverse, the book clearly reads "LEY". Some toning.
According to Richard Long (Gold Coins of the Mexican Republic) this used to be a rare coin until several came to the market in the mid 1980s. Most of the examples known to him where VF and lower. That said, at the time of purchase (November 2018) this is PCGS Top Pop of only 2 coins graded (the other one is XF40). NGC has graded 3 coins only (2@55 and 1@61). Heritage has only sold one (September 10, 2014 Foxlair Collection NGCAU55 with a better strike). So I believe it is indeed, somewhat rare.
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MEXICO - 1823-1909
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ESCUDO 1845GO PM
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NGC AU 53
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Another rarity in the republican gold of Mexico. Only example graded at the time of purchase (May 2018), hence, TP.
An ACSEARCH only showed 1 listing: Stack’s Bowers 17/5/2017 (same coin). It was described as "KM-379.4. Difficult date to locate. Weakly struck, but with good lustre".
From the sale’s catalogue: “MEXICO. Escudo, 1845-GoPM. NGC AU-53. Fr-103; KM-379.4. Sole example certified at NGC, none at PCGS. Weakly struck, attractive light orange toning with soft satin lustre”.
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MEXICO - 1823-1909
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ESCUDO 1859/7GA JG
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NGC AU 58
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This is an interesting escudo. Weakly stroke in the centre, but fully detailed. At the time of purchase (May 2017), NGC has graded only 4, with the other 3 at MS. Richard Long's book states that is a rare issue, but not scarce.
From the sale's catalogue: "KM-379.2. Good strike, nicely toned with underlying soft satin lustre."
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MEXICO - 1823-1909
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ESCUDO 1861MO CH
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PCGS XF 40
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Honestly worn/circulated coin with weak strike (as usual) and no distracting marks. At the time of purchase (September 2019) PCGS Top Pop (and only one graded); NGC has graded 1@61 and 2@62.
In his book "Gold Coins of the Early Mexican Republic " Mr Richard Long calls this as "extremely rare coin". No overdates are known. In the 30 years of auctions reported, there are only 8 coins listed, possibly some duplicate listings for the same coins.
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MEXICO - 1823-1909
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2E 1831MO JM
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NGC VF 35
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This is another rarity in the 2 escudos series from Mexico. In fact, incredibly rare. At the time of purchase (May 2018) NGC has graded 2 coins, both VF, and PCGS has graded none. Therefore Top Pop.
In his book, Richard Long wrote "the 1831 is an extremely rare coin. We know of just two examples". Apparently the 1831 was not known to early cataloguers and "it first appeared in the 4th edition of Buttrey-Hubbard in 1986". So rare, that Mr Long does not include a sale's chart.
From the sale’s catalogue: "MEXICO. 2 Escudos, 1831-MoJM. NGC VF-35. EXTREMELY RARE date, this cataloger only knows of one other example. Even wear and defect free, a very presentable example on this date. From our January, 2011 sale, lot # 139 where it hammered at $1800 (+BP 2124)." In 2011 it was catalogues as “MEXICO. 2 Escudos, 1831-MoJM. Fr-87; KM-380.7. EXTREMELY RARE date, only 2 known examples. FINE.”
Specification: 6.77 g, .875 fine gold, .190 troy oz AGW.
Catalogue reference: Fr-87; KM-380.7.
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MEXICO - 1823-1909
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2E 1856/5MO GF
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NGC F 12
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This was an interesting purchase as basically, I got it at bullion's. According to Richard Long, the 1856 MoGF 2 escudos is an extremely rare coin. Both, a normal date as well as the overdate 6/5 do exist. At the time his book was published he stated that "only one dealer offering mentions the overdate, but at least two are known in collections". This coin is clearly not the one mentioned by Mr Long as that one, offered by him in July 1995 was described as BU. This is, despite the wearing, a nice finding. At the time of purchase (May 2018), NGC Top Pop (no other one graded by NGC, PCGS has listed 1@58 perhaps the one mentioned by Richard Long).
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MEXICO - 1823-1909
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2E 1858MO FH
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NGC MS 61
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This is an amazing gold coin. Only specimen certified for the date/assayer by either service. Yes, another Top Pop.
In his book Gold Coins of the Mexican Republic, Mr Richard Long describes this issue as "extremely rare coin". According to him, most of the known examples are VF-XF, with a few known high grade, and one Fine. Softly struck centres are mentioned. In his records he has 8 sales registered between 1944 and 1991 of which several of the listings are for the same coin (an XF coin).
From the sale's catalogue: "MEXICO. 2 Escudos, 1858-Mo FH. Mexico City Mint. NGC MS-61. Fr-87; KM-380.7. Not quite fully struck, with a few hairlines and a nick on the obverse field. The sole certified example, RARE and highly desirable."
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MEXICO - 1823-1909
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2E 1859MO FH
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NGC VF 25
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Circulated and possibly softly struck as many gold issues from the Republic. This coin is as rare as they come. According to Mr Richard Long in his book Gold Coins of the Mexican Republic, this is an extremely rare coin. He knew of only 3 specimens: a VF (this one?), an XF, and an AU (perhaps the one from The FoxLair Collection $4406.25 [Long Beach September 2014]). He only has record on 2 sales, 1 in 1976 and another in 1990. An MS62 NGC example of this date, obviously unknown to Mr Long, hammered for $7,000 in Ponterio's 1/2011 auction (lot 140). Mr Long does not even include a sale’s chart in the book (as he does with nearly every other issue) due to the rarity of the coin. At the time of purchase (May 2018) NGC has only graded 3 coins, this one, 1@50 and 1@62.
From the sales catalogue: "Fr-87; KM-380.7. VERY RARE date, the last example that we handled was a MS62 that hammered at $7000-($8260 w/BP) in our January, 2011 sale (lot 140). A very presentable circulated example of the date, with some weakness in the centers but even wear and no distracting marks".
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MEXICO - 1823-1909
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2E 1861/0GA JG Ex. Pittman
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NGC MS 61
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At the time of purchasing (April 2016), 3 at MS61 and one higher at MS62 (NGC). According to Richard Long's book on Gold Coins of the Mexican Republic, 1861 is a common coin, but AU and BU are extremely rare. For 1861 it looks like many varieties exist cuch as 1/0, 61/59, 6/5, 1/0/9/8, as well as normal date. This coin appears to be 1/0, but could be 61/59 as on magnification is possible to see what appears to be a 5 under the 6.
From the sale's catalogue: "Republic gold 2 Escudos 1861/0 Ga-JG MS61 NGC, KM380.3. Guadalajara mint, assayer, "JG". Boldly struck for the type with all features well defined. Ex. Pittman Collection."
This very coin was at a previous sale where it was catalogued as "Republic gold 2 Escudos 1861/0 Ga-JG MS61 PCGS, Guadalajara mint, KM380.3, Fr-91. Mint State with partially reflective surfaces and the usual handling marks at this designation. The overdate is very clear and visible to the naked eye. Very scarce in this quality. Ex. Pittman Collection. From The Law Collection" Back then was on a PCGS slab MS61 (3524465).
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MEXICO - 1823-1909
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2E 1862MO CH
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NGC AU 58
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Very attractive Mexican 2 escudos. And like many of the issues of the Republican gold, rare. This one is called by Mr Richard Long in his book, as extremely rare. After a search on ACSEARCH I found the following sales for an 1862 MoCH 2 escudos:
1. STACK'S, THE VERMEULE, WARD, AND MEXICO MAXICO COLLECTIONS, LOT 1314 11/1/2010: MEXICO. Republic. 2 Escudos, 1862 Mo CH. Mexico City. Hand inscribing law book with quill and Liberty Cap. Rv. Bold eagle facing with snake in beak. KM 380.7, Fr.87. Satiny gold color from being cleaned with an abrasive, but sharply struck on the obverse and reverse. A formidable rarity in all grades, seldom offered or seen, this is likely one of the best to survive of the issue, as noted in Richard A Long’s Gold Coins of the Early Mexican Republic 1823-1873. Strong Extremely Fine.
2. STEPHEN ALBUM AUCTION 29 LOT 1129 14/9/2017 (THIS COIN, UNSOLD) MEXICO: AV 2 escudos, 1862-Mo, KM-380.7, assayer CH, nice full strike, with the date fully struck as opposed to other specimens, NGC graded AU58, RR Richard Long notes that this is an extremely rare coin. This piece is the finest graded by NGC (July 2017).
3. HERITAGE 10/4/2015 FOX LAIR AU55 LOT 25427
At the time of purchase (May 2018) there are 4 coins graded: 2@55, this one at 58, and 1@63.
From the sale’s catalogue:"MEXICO. 2 Escudos, 1862-MoCH. NGC AU-58. Fr-87; KM-380.7. Well struck with brilliant luster. No distracting marks or defects and quite attractive".
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MEXICO - 1823-1909
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4E 1851GO PF
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NGC AU 58
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This is a very rare issue. At the time of purchase (May 2018) NGC has graded 3 coins, 1@45, 1@53, 1@58, therefore Top Pop.
Richard Long lists this in his book as an extremely rare coin.
From the sale's catalogue: "VERY SCARCE date. Single finest certified at NGC or PCGS. Strong repunch on the 5 of the date. Slightly weak strike with just a light veneer of tone. Soft satin luster and quite attractive."
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MEXICO - 1823-1909
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4E 1856GO PF
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NGC VF 20
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In our beloved section “Coins you have never seen before (and likely you will never see again)” I present you this exceedingly rare 4 escudos from the Guanajuato mint dated 1856. This is the coin featured in CoinFacts Wiki. How rare you wonder? Well, according to Richard Long in his book on Mexican Republic gold, it is extremely rare (not even a sale chart is included with the issue!). In fact, this very coin, according to Long, is the only specimen offered for sale during the period 1994-2001 (Ponterio and Associates). Offered by Goldberg in 2014 (“Mexico. 4 Escudos, 1856-Go PF. Hand on book. Listed as Extremely Rare in the Richard Long book. Natural edge flaw. NGC graded VF-20.") and then by Stack’s Bowers (“This is a truly rare 4 Escudos from the Guanajuato mint. The 1856 date is missing from Gerber, Eliasberg, and Norweb collections. Small edge flaw at 3:00 noted”). And yes, you read correctly, this issue is missed in the Norweb, Eliasberg, and Gerber collections. When people ask me if I like more conditional rarities or absolute rarities, this is my answer! Yes, it has a flan flaw, but when you are talking of these rarities, that is as good as it gets.
Provenance:
Ponterio and Associates 1994, 1997, and 2001
Goldberg 2015
Steinbergs Gold
Stack’s Bowers 2020
From the sale’s catalogue: “KM-381.4. This is a truly rare 4 Escudos from the Guanajuato mint. The 1856 date is missing from Gerber, Eliasberg, and Norweb collections. Small edge flaw at 3:00 noted”.
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MEXICO - 1823-1909
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4E 1863MO CH
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NGC MS 61
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This is a great looking coin. Soft centre as usual. However, it has all the details present. At the time of purchase (September 2018) NGC has graded 10 specimens, 2@45, 2@58, 3@61, 1@62, 1@63, and 1@64. For the entire 4 escudos series, the only date with more specimens certified by NGC is 1825 with 17, followed by 1863 with 10. For the year, mint, assayer combination, only 8 examples were found in Heritage, of which only 5 are numerically graded.
This coin was auctioned by Heritage in 2016 (New York City Show), before I bought it, and the description form the sale’s catalogue is as follows:
"Republic gold 4 Escudos 1863 Mo-CH MS61 NGC, Mexico City mint, KM-381.6. Brilliant Uncirculated with strong mint luster and the expected moderate handling evidence for the designation. The single Mint State example currently certified by NGC and a date rated as "extremely rare" in this grade by Long. Undoubtedly rare and eminently collectible in this fine quality."
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MEXICO - 1823-1909
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8E 1833DO RM
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NGC XF 45
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A rare year/assayer combination (particularly as does not look to be an over assayer).
At the time of the purchase (June 2022) NGC has only graded 2 coins, this one and a 61.
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