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ANA Signature Sale 3041 Sess. 4  13 August 2015
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Lot 32311

Estimate: 20 000 USD
Price realized: 24 000 USD
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Mexico
Guerrero. Revolutionary "Suriana" 2 Pesos 1915-Gro AU58 NGC, Minted in "La Suriana", KM-665, GB-223. Attractively toned and borderline Mint State with lustrous surfaces, only scant high-point wear and pleasant surface quality for the issue. The Suriana 2 pesos issue has long been regarded as one of the key coins of the popular and challenging Mexican Revolution series. When originally published by Sanchez Garza (page "Historical Notes on coins of the Mexican Revolution", 1932), the issue (catalogued as No. 81a) warranted the following comment: "This rare piece was struck at a mining camp called Suriana, located in the state of Guerrero very close to Campo Morado, and operated by the Peñoles Mining Company. It is said that only a small number were made. There is only one specimen in this city (Mexico City) and belongs to the Alvarez Martinez collection, but I understand that there are three specimens in the U. S." Likewise, the first public offering (the example from the Muirhead collection, Glendining's 3/1936, lot 25) was described as "extremely rare". Its status as a key rarity of the entire Mexican Revolution series has hardly diminished since, its rarity having hardly evolved - less than ten examples of the present reeded-edge variety have been confirmed. Indeed, although a handful of issues may actually be rarer, yet none – save perhaps for the gold Oaxaca 60 Pesos 1916 – are arguably as iconic, nor more desirable amongst the collector community. The reverse inscription "Oro 0,595" refers to the purported actual gold content in grams, instead of the fineness (as per the KM description) (cf. Eguia, Bernardo: "Oro en Monedas Revolucionarias" in Boletin de la Sociedad Numismatica de Mexico, No. 10, January-March 1956). This is in line with the study "Los Criaderos Minerales de Campo Morado y La Suriana" (Mexico, 1918) by geologist Teodoro Flores. As noted previously, an extremely rare and iconic issue, obviously among the very finest of less than 10 examples known. Currently the single specimen certified by NGC, and among the most desirable Mexican Revolution era coins we have had the privilege to handle.From The Kaiser Collection of German Gold Coins

Estimate: 20000-30000 USD
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