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Stephen Album Rare Coins
Auction 23  10-12 September 2015
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Lot 2581

Starting price: 160 USD
Lot unsold
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MEXICO: República, AR peso, 1898-Mo, KM-409.2, assayer AM, restrike, NGC graded MS64. In 1949 the San Francisco Mint struck 2,000,000 pieces of a Mexico Peso dated 1898 for use in China. The 1898 original reverse has 139 denticles and the restrike has 134. The original coins have the tops of the "Mo" lined up and the restrikes have the "o" in "Mo" moved higher than the "M". These were made for the Chiang Kai-Shek Nationalist government (Kuomintang) which had introduced a new silver-based currency. The Nationalist's were losing the Chinese civil war to Mao Tse-Tung's Communists and there was rampant inflation in the Nationalist controlled areas.

Estimate: 200- 250 USD
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