Briggs & Bustos
Auction 9 13 Sep 2024
View prices realized
► Sale information
Find similar lots
KM# 755 (GB379) – 60 Pesos Oro 1916 Oaxaca. NGC UNC Rim Filing.- Durante el periodo en que ocurría el enfrentamiento armado entre las facciones militares que derrocaron al general golpista Victoriano Huerta, José Inés Dávila fue designado Gobernador del Estado de Oaxaca, el día 15 de Junio de 1915 decretó como Libre y Soberano a dicho estado, separándose por completo del Gobierno Federal. Como parte de las acciones del nuevo Gobierno, se emitieron billetes y se acuñaron monedas de carácter provisional, estas últimas conformando el más amplio cono revolucionario que existió en la época. Encargados de la producción de moneda; el norteamericano John de Coe grabó los primeros troqueles, continuando con la labor el Sr. Teófilo Monrroy y el francés Gustavo Bellón como supervisor o encargado de la acuñación. Siempre que se trate de monedas revolucionarias de alta relevancia será prudente citar la sustancial publicación de 1928, titulada "Monedas de la Revolución Mexicana 1913-1917", por Howland Wood, remarcable al describir e ilustrar un total de 180 tipos a prácticamente solo una década desde el "término" de la Revolución. En lo que nos concierne, Wood contempló bajo el No. 178 de su catálogo una moneda de Oaxaca con valor de 60 Pesos oro, fechada en 1916, 39 milímetros de diámetro y 50 gramos de peso, dicho en sus palabras: "Dio la casualidad de que el Estado Libre y Soberano de Oaxaca cerró su existencia numismática con probablemente el ejemplar más interesante y mejor ejecutado de las monedas revolucionarias". J. Sánchez Garza en "Notas Históricas sobre las Monedas de la Revolución Mexicana" (1933), pág. 274, revela que, de acuerdo a los informes proporcionados por Miguel Monrroy (hijo de Teófilo Monrroy), los troqueles del 60 Pesos oro fueron grabados por su padre en colaboración con el ingeniero Howard L. Elton y se culminaron la noche anterior a la evacuación de la ciudad de Oaxaca, según él, solo se lograron acuñar entre 40 y 45 monedas y todas fueron confiscadas por miembros de las fuerzas carrancistas al tomar la capital el 03 de Marzo de 1916, destruyeron documentos, billetes y troqueles a excepción del de 60 Pesos oro, éstos fueron obsequiados por Edward H. Windau al museo de la American Numismatic Society donde hasta la fecha se conservan, se desconoce cómo fue que llegaron a sus manos. Quizás lo más interesante y paradójico es que, a diferencia de las demás piezas acuñadas en cospeles de "oro", que no eran más que una amalgama principalmente de plata y con poco contenido de oro, el 60 Pesos tenía la intención de ostentar las mismas dimensiones y ley 0.902,7 como los denominados pesos fuertes acuñados entre 1898-1909, algo que no hace mucho sentido ya que el valor intrínseco terminaría por superar al valor facial.
Si bien el Ingeniero, Pablo Neuman, menciona haber vendido el oro para la acuñación de los 60 Pesos oro, precisa que en total no fueron más de 1,200 gramos, estimando una pureza de 0.859 milésimas, de ser esto cierto, no hubiera sido suficiente metal para acuñar las 40-45 monedas que menciona Miguel Monrroy. Nosotros podemos confirmar con tranquilidad la existencia de al menos 21 ejemplares contabilizando los censos de NGC y PCGS ando a ejemplares en museos y ventas especializadas, sin considerar ventas públicas con fotografías a blanco y negro ya que resulta casi imposible poder distinguir dos piezas distintas de estas monedas.
Del ejemplar que aquí se ofrece: Innegablemente excepcional en cuanto a calidad y cuidado de los elementos de diseño, de ejecución remarcable y magnifico atractivo pese a haberse acuñado presuntamente con premura y en condiciones adversas, no obstante, la emisión suele presentar defectos menores e irregularidades de origen en bordes, no ajenos al ejemplar que aquí se ofrece, en el campo del reverso se perciben delgados filamentos o rebabas que quedaron interpuestos entre el troquel y el cospel denominados "Struck Thru", el principal a la derecha del gorro frigio, más que habituales líneas de manejo dado al considerable peso, reflectividad y delicadeza del metal, relieves sin desgaste alguno, el reverso resulta verdaderamente espectacular por su intensa reflectividad y brillo, mientras que el anverso poco menos reflectivo, aunque ostentando ese aliciente color dorado, tallón pasando las 12:00. De los 4 o 5 que hemos podido observar en mano en calidad sin circular (ya certificados), el presente se encuentra a la par de un MS63, visualmente de atractivo excepcional. Ex. Norweb Collection of Mexican and South American Coins, (Christies Auction November 6-7, 1985, lot no. 508). LA PIEZA MÁS EMBLEMATICA DE LA REVOLUCION MEXICANA Y UNA DE LAS CLÁSICAS RAREZAS DENTRO DE LAS COLECCIONES ESPECIALIZADAS Y EN BÚSQUEDA DE PIEZAS EXQUISITAS DE LA NUMISMÁTICA MEXICANA
ENGLISH:
During the period of armed confrontation between the military factions that overthrew General Victoriano Huerta, José Inés Dávila was appointed governor of the state of Oaxaca, and on June 15, 1915, he declared the state free and sovereign, completely separating it from the federal government. As part of the actions of the new government, bills were issued and provisional coins were minted, the latter forming the largest revolutionary cone that existed at that time. The North American John de Coe engraved the first dies. The work was continued by Teófilo Monrroy and the Frenchman Gustavo Bellón, who supervised the minting process.
When dealing with revolutionary coins of high relevance, it would be wise to cite the comprehensive 1928 publication entitled "Coins of the Mexican Revolution 1913-1917" by Howland Wood, remarkable for describing and illustrating a total of 180 types within a decade of the "end" of the Revolution. As far as we are concerned, Wood, under No. 178 of his catalog, contemplated a coin of Oaxaca with a value of 60 pesos gold, dated 1916, 39 millimeters in diameter and 50 grams in weight, in his words: "It so happened that the free and sovereign state of Oaxaca ended its numismatic existence with probably the most interesting and best executed specimen of the revolutionary coins.
J. Sánchez Garza in "Notas Históricas sobre las Monedas de la Revolución Mexicana" (1933), p. 274, reveals that, according to Miguel Monrroy (son of Teófilo Monrroy), the dies of the 60 peso oro were designed by his father in collaboration with engineer Howard L. Elton and were completed the night before the evacuation of the city of Oaxaca; according to him, only 40 to 45 coins were minted and all were confiscated by members of the Carrancista forces. Elton and were completed the night before the evacuation of the city of Oaxaca, according to him, only 40 to 45 coins were struck and all were confiscated by members of the Carranza forces when they took the capital on March 3, 1916, they destroyed documents, bills and dies except for the 60 pesos gold, these were given by Edward H. Windau to the Museum of the American Numismatic Society where they are preserved to this day, it is unknown how they came into his hands.
Perhaps the most interesting and paradoxical thing is that, unlike the other pieces minted in "gold" planchets, which were nothing more than an amalgam of mainly silver with little gold content, these were supposed to have the same dimensions and grade of 0.902.7 as the so-called strong pesos minted between 1898-1909, which makes no sense since the intrinsic value would end up exceeding the face value. Although the engineer, Pablo Neuman, mentions that he sold the gold for the minting of the 60 gold pesos, he states that the total amount was not more than 1,200 grams, estimating a purity of 0.859 thousandths; if this is true, there would not have been enough metal to mint the 40-45 coins mentioned by Miguel Monrroy. We can confirm with confidence the existence of at least 21 specimens by counting the population reports of NGC and PCGS ando to specimens in museums and specialized sales, without considering public sales with black and white photographs, since it is almost impossible to distinguish two different pieces of these coins.
From the example offered here: Undoubtedly exceptional in terms of quality and care of the design elements, of remarkable execution and magnificent attractiveness despite having been struck presumably in a premature rush and under adverse conditions, the issue, nevertheless, usually presents minor flaws and irregularities of origin in the edges, not unrelated to the specimen offered here, In the field of the reverse there are thin strands or burrs that were interposed between the die and the planchet called "Struck Thru", the main one to the right of the Phrygian cap, more than usual handling lines given the considerable weight, reflectivity and delicacy of the metal, reliefs without any wear, the obverse is truly spectacular for its intense reflectivity and luster, while the reverse is slightly less reflective, although boasting that attractive golden color, small carving after 12:00. Of the 4 or 5 we have seen in hand in uncirculated condition (already certified), this one is on par with an MS63, visually exceptionally attractive. Ex. Norweb Collection of Mexican and South American Coins, (Christies auction November 6-7, 1985, lot 508).
THE MOST EMBLEMATIC OF THE MEXICAN REVOLUTION AND ONE OF THE CLASSIC RARITIES SOUGHT BY SPECIALIZED COLLECTIONS AND THOSE SEEKING EXQUISITE PIECES OF MEXICAN NUMISMATICS.
Estimate: 1755000 - 2025000 MXN
Si bien el Ingeniero, Pablo Neuman, menciona haber vendido el oro para la acuñación de los 60 Pesos oro, precisa que en total no fueron más de 1,200 gramos, estimando una pureza de 0.859 milésimas, de ser esto cierto, no hubiera sido suficiente metal para acuñar las 40-45 monedas que menciona Miguel Monrroy. Nosotros podemos confirmar con tranquilidad la existencia de al menos 21 ejemplares contabilizando los censos de NGC y PCGS ando a ejemplares en museos y ventas especializadas, sin considerar ventas públicas con fotografías a blanco y negro ya que resulta casi imposible poder distinguir dos piezas distintas de estas monedas.
Del ejemplar que aquí se ofrece: Innegablemente excepcional en cuanto a calidad y cuidado de los elementos de diseño, de ejecución remarcable y magnifico atractivo pese a haberse acuñado presuntamente con premura y en condiciones adversas, no obstante, la emisión suele presentar defectos menores e irregularidades de origen en bordes, no ajenos al ejemplar que aquí se ofrece, en el campo del reverso se perciben delgados filamentos o rebabas que quedaron interpuestos entre el troquel y el cospel denominados "Struck Thru", el principal a la derecha del gorro frigio, más que habituales líneas de manejo dado al considerable peso, reflectividad y delicadeza del metal, relieves sin desgaste alguno, el reverso resulta verdaderamente espectacular por su intensa reflectividad y brillo, mientras que el anverso poco menos reflectivo, aunque ostentando ese aliciente color dorado, tallón pasando las 12:00. De los 4 o 5 que hemos podido observar en mano en calidad sin circular (ya certificados), el presente se encuentra a la par de un MS63, visualmente de atractivo excepcional. Ex. Norweb Collection of Mexican and South American Coins, (Christies Auction November 6-7, 1985, lot no. 508). LA PIEZA MÁS EMBLEMATICA DE LA REVOLUCION MEXICANA Y UNA DE LAS CLÁSICAS RAREZAS DENTRO DE LAS COLECCIONES ESPECIALIZADAS Y EN BÚSQUEDA DE PIEZAS EXQUISITAS DE LA NUMISMÁTICA MEXICANA
ENGLISH:
During the period of armed confrontation between the military factions that overthrew General Victoriano Huerta, José Inés Dávila was appointed governor of the state of Oaxaca, and on June 15, 1915, he declared the state free and sovereign, completely separating it from the federal government. As part of the actions of the new government, bills were issued and provisional coins were minted, the latter forming the largest revolutionary cone that existed at that time. The North American John de Coe engraved the first dies. The work was continued by Teófilo Monrroy and the Frenchman Gustavo Bellón, who supervised the minting process.
When dealing with revolutionary coins of high relevance, it would be wise to cite the comprehensive 1928 publication entitled "Coins of the Mexican Revolution 1913-1917" by Howland Wood, remarkable for describing and illustrating a total of 180 types within a decade of the "end" of the Revolution. As far as we are concerned, Wood, under No. 178 of his catalog, contemplated a coin of Oaxaca with a value of 60 pesos gold, dated 1916, 39 millimeters in diameter and 50 grams in weight, in his words: "It so happened that the free and sovereign state of Oaxaca ended its numismatic existence with probably the most interesting and best executed specimen of the revolutionary coins.
J. Sánchez Garza in "Notas Históricas sobre las Monedas de la Revolución Mexicana" (1933), p. 274, reveals that, according to Miguel Monrroy (son of Teófilo Monrroy), the dies of the 60 peso oro were designed by his father in collaboration with engineer Howard L. Elton and were completed the night before the evacuation of the city of Oaxaca; according to him, only 40 to 45 coins were minted and all were confiscated by members of the Carrancista forces. Elton and were completed the night before the evacuation of the city of Oaxaca, according to him, only 40 to 45 coins were struck and all were confiscated by members of the Carranza forces when they took the capital on March 3, 1916, they destroyed documents, bills and dies except for the 60 pesos gold, these were given by Edward H. Windau to the Museum of the American Numismatic Society where they are preserved to this day, it is unknown how they came into his hands.
Perhaps the most interesting and paradoxical thing is that, unlike the other pieces minted in "gold" planchets, which were nothing more than an amalgam of mainly silver with little gold content, these were supposed to have the same dimensions and grade of 0.902.7 as the so-called strong pesos minted between 1898-1909, which makes no sense since the intrinsic value would end up exceeding the face value. Although the engineer, Pablo Neuman, mentions that he sold the gold for the minting of the 60 gold pesos, he states that the total amount was not more than 1,200 grams, estimating a purity of 0.859 thousandths; if this is true, there would not have been enough metal to mint the 40-45 coins mentioned by Miguel Monrroy. We can confirm with confidence the existence of at least 21 specimens by counting the population reports of NGC and PCGS ando to specimens in museums and specialized sales, without considering public sales with black and white photographs, since it is almost impossible to distinguish two different pieces of these coins.
From the example offered here: Undoubtedly exceptional in terms of quality and care of the design elements, of remarkable execution and magnificent attractiveness despite having been struck presumably in a premature rush and under adverse conditions, the issue, nevertheless, usually presents minor flaws and irregularities of origin in the edges, not unrelated to the specimen offered here, In the field of the reverse there are thin strands or burrs that were interposed between the die and the planchet called "Struck Thru", the main one to the right of the Phrygian cap, more than usual handling lines given the considerable weight, reflectivity and delicacy of the metal, reliefs without any wear, the obverse is truly spectacular for its intense reflectivity and luster, while the reverse is slightly less reflective, although boasting that attractive golden color, small carving after 12:00. Of the 4 or 5 we have seen in hand in uncirculated condition (already certified), this one is on par with an MS63, visually exceptionally attractive. Ex. Norweb Collection of Mexican and South American Coins, (Christies auction November 6-7, 1985, lot 508).
THE MOST EMBLEMATIC OF THE MEXICAN REVOLUTION AND ONE OF THE CLASSIC RARITIES SOUGHT BY SPECIALIZED COLLECTIONS AND THOSE SEEKING EXQUISITE PIECES OF MEXICAN NUMISMATICS.
Estimate: 1755000 - 2025000 MXN