Watch List notes:

MEXICO. Silver 50 Centavos Essai (Pattern), 1907. Paris Mint. PCGS PROOF-63 Cameo.
cf. KM-Pn175; PL-01B. Raised edge lettering. Struck in preparation of the centennial of the beginning of the Mexican war of Independence (1810). Tied for finest certified with one other example on either the NGC or PCGS population reports. This bright and flashy pattern only issue exhibits crisp intricate frosty devices with a thin layer of delicate tone in the open areas while richer mottled slate patination hugs the devices adding a bit of contrast. The fields offer much reflectivity, though the brilliance is slightly subdued by the light attractive coloration. Seldom encountered, this proposed motif would ultimately lead to the production of one of Mexico’s more attractive designs of the 20th century.

In 1907 the Paris mint was commissioned by the Diaz government to prepare designs for the new commemorative coinage. The contract was given to Pillet who initially design the 1907 50 Centavos pattern as well as 1908 and 1909 Peso patterns. Minting equipment was received in April 1909 consisting of master dies, punches and edge milling devices, but it wasn't until January 1910 that production began. For some unknown reason the 50 Centavos was never placed into full production and remains a pattern only issue.

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From the Pat Johnson Collection.

Estimate: $6000 - $9000