Subasta 151 - Tauler&Fau Selection

Lot 316

Mexico. 5 pesos. 1873. Mexico. M. (Km-Pn131). Ae. Copper Pattern. Reeded edge. A special issue with a limited number of pieces, produced exclusively as gifts or presentations for high-ranking individuals. Lovely color and fine design enhance the visual appeal of this piece. This is an excellent opportunity to acquire a specimen that may not reappear at auction for a long time, sure to attract significant attention from collectors of Mexican numismatics. Extraordinary and of the highest rarity, possibly unique. Absent from both the Pablo Gerber Collection and the Banco de México Collection. From the old collection of a Mexican diplomat in Spain. Slabbed by NGC as MS 64 BN (Top Pop), the best preserved specimen in the NGC and PCGS census.

From 1868, Mexico’s mints were administered by the Secretariat of Development to promote mining activity and innovation in coin design. In this context, the 1868 decree initiated a contest for engravers, aiming to elevate the quality of Mexican coinage.

On April 19, 1869, the Mexico City Mint began decimal minting in silver, extending to gold in 1870. This 5 pesos specimen from 1873 belongs to that experimental minting series, displaying the inscription “LEY” in small lettering; variants with “LEY” in larger lettering are also known. Additionally, other trials exist, including a 5 pesos copper pattern dated 1870 and a 1 peso specimen from 1873, which was auctioned by Ponterio & Associates on June 8, 1985, as part of the Alfredo Porraz Collection in Lot #413.

The existence of these patterns reflects the innovative and experimental spirit that characterized this transitional period in Mexican numismatics, establishing this piece as a true historical gem and of high value to collectors.
New world record of hammer price. Est...10000,00.

Starting bid $ 3.000 3.000 € |

SOLD: 6.250 €

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Lot 316 - World Coins

Historical Background

Lot description