8/19/2023 0 Comments Mexican rare coinsThe Mexican Macuquina coins replaced the pieces with the design of Carlos and Juana. It is estimated that, at present, one of these could be auctioned for up to 1 million dollars. Just to give you an idea, in 2008, two examples of the 8 reals of Charles and Joanna were auctioned for between 300 and 400 thousand dollars. It follows that they are very valuable and desired by collectors with high purchasing power. These coins are extremely rare and scarce. Even so, their workmanship is impeccable.Īs a curious fact, on these coins we can find the PLUS ULTRA motto, present on many Spanish coins throughout history, even on Franco’s pesetas. The coins of Charles and Joanna were stamped by hand, striking the coin blanks until the designs were stamped on them. The phrase was minted in Latin (CAROLUS ET IOHANA REGES), according to the customs of the time. The first issues of ancient Mexican coins are known as Carlos and Juana coins, because they show the names of the Spanish kings on the obverse. Thus, the first coins in all of the Americas are Mexican. Interestingly, from the very beginning, Mexican coins have always been marked with a Latin M to indicate their place of origin. One year after the royal authorization for the manufacture of American coins was issued. Historians seem to agree that the first minting of ancient Mexican coins occurred specifically in April 1536. The history of Mexican numismatics begins in 1535 when Viceroy Don Antonio de Mendoza created the first mint in Mexico, and in all of America, by mandate of King Carlos I and Queen Juana. You will be in a position to delve deeper into those stages, types of coins or specific pieces that are most interesting to you. It would be impossible to do so without making this text (already quite extensive) impossible to read.īy the end of reading, you will have a general idea of the most valuable ancient Mexican coins. We will stop at the best known and most valuable specimens of each stage, but without going in depth on any one in particular. In this guide we will review the entire history of Mexican numismatics. It is a country with a great numismatic tradition and thousands of beautiful variants of ancient coins perfect for collecting. Sedwick, LLC - PO BOX 1964 | Winter Park, FL 32790 | Phone is one of the most interesting countries for any novice coin collector. Bold full oMD, full but partially flat shield and cross, AVF with light brown sediment on fields. Mexico City, Mexico, cob 2 reales, Philip III, assayer D (ca. weight 24.58 grams.Ĥ reales, Charles II, assayer not visible, shield side struck from 8R die NGCĬob 8 reales, Philip V, assayer not visible (J). Nicely centered and round, with full legends and interiorĭetails, dark background providing good contrast and clarity. (M-G), king's name as CHAROLVS, NGC XF 40. Real, Charles-Joanna, "Late Series," assayer G to right, mintmark M to left ( Note: also listed under shipwreck coins) Well centered, no doubling, just a small (natural) edge-crack keeping itįrom perfection (within the stated grade, actually should be AU in our Broad flan with 100% full details, deep rich toning, Right, mintmark M to left, both with dotted circles above and below, NGC XFĤ5. Mexico City, Mexico, 4 reales, Charles-Joanna, "Early Series," assayer P to More-famous machine-made "pillar dollars." Machine-struck but hand-cut "klippe" type) by the even In 1732-1734 the shield-type cob was finally phased outĪnd eventually replaced (after an experimental, Nearly every major commerce area in its time (1600s and This Mexican shield-type design was knownĪround the world as a reliable coin, a true universalĬurrency, the "piece of eight" that was referred to in That are technically not known as cobs, and then itĬhanged to the more familiar shield-type design in the Round and very well-executed issues under Charles-Joanna Mint at Mexico City was the first to strike coins for
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