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Stack's Bowers & Ponterio
January 2015 NYINC Auction - Sess. B  10 January 2015
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Lot 1032

Starting price: 5400 USD
Price realized: 9000 USD
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MEXICO. Valladolid de Michoacan. Silver Proclamation Medal, 1760. Charles III (1759-88). CHOICE EXTREMELY FINE.
39.5 mm; 21.1 gms. Gr-K-62 (plate coin); Med-121; Her-105; Betts-503. VERY RARE, the only example we are aware of and presumably UNIQUE. In fact, neither Median nor Herrera had seen an actual example of this medal. The original listing of this medal in Herrera was taken from an earlier publication by Pedro Alonso O. Crouley listing the obverse and reverse legends (probably this specific medal). Later Medina also included it in his reference, speculating as to the design and the reverse coat of arms based on the later Valladolid medals of Charles IV and Ferdinand VII. It was not until Frank Grove acquired an image of the medal from the collection of Cesar Hernandez, that the actual design of the medal was known. Undoubtedly, this medal was produced locally in Valladolid by a skilled silversmith. The portrait of Charles III was clearly designed using a 1760 Mexican 8 Escudos as the artists reference model. Armored draped bust of Charles III right, three Fleur de Lis around; Reverse: Crowned arms of Valladolid de Michaocan. The reverse legend on this medal has a unique feature as it actually cites the date of the oath swearing ceremony (24: NOVENB.). Medina states that the oath swearing ceremonies commences on November 24th and that during this event, Jose Maria de Lira is said to have thrown said medals to the crowd. It is interesting to note that edge milling machinery was actually used in the production of this medal (even though no mint was located in this city). The medal features a very neatly and deeply executed edge milling, in somewhat of a diagonal cross stitch pattern that is unique to this medal. Very nicely struck and in an excellent state of preservation given the high relief nature of the design. Lightly toned and attractive with much underlying luster. CHOICE ALMOST UNCIRCULATED;

From the John Adams Collection.

Purchased privately from Ponterio & Associates December, 1998.

Previously sold by Ponterio & Associates June 1982 to a private California collector.;

Ex: Sr. Cesar Hernandez Collection.



Estimate: $9000.00- $12000.00
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