1862-GO Mexico 8 Escudo NGC MS-61

This 1862 8 Escudo from Guanajuato, Mexico, represents one of the finest gold coins produced during the turbulent period of Mexican history when the nation was embroiled in civil war and foreign intervention. The Guanajuato mint, established in colonial times, continued operations throughout this chaotic era, producing gold coinage that served as a stable store of value during political upheaval. This particular issue comes from the final years before the French intervention and Maximilian's empire, making it a significant piece of Mexican numismatic history.
Hand on Book Escudos represent exceptional value in the world gold coin marketplace. When comparing the surviving populations of these rare issues from 1823-1873 to US $20 gold pieces of the same era, the scarcity becomes apparent. Containing .7615 troy ounces of gold, this particular example from the Peh Family collection demonstrates both superior eye appeal and numismatic value. The certification population reveals only 96 examples graded in all grades combined by PCGS and NGC, with this being one of just 22 examples certified in Mint State 61, and only 22 specimens grading finer.
The obverse displays the iconic liberty cap above an open book and scroll, surrounded by the legend "LA LIBERTAD EN LA LEY" (Liberty in the Law), symbolizing the republican ideals of the Mexican state. This design motif, known as the "Hand on Book" type, features the allegorical representation of liberty's hand resting upon the book of law. The reverse features the distinctive Mexican eagle perched on a cactus with a serpent in its beak, encircled by "REPUBLICA MEXICANA" and flanked by oak and laurel branches. The strike quality shows well-defined details throughout both the allegorical devices and the patriotic imagery.
Graded MS-61 by NGC, this coin exhibits bright golden luster with attractive natural toning and clean surfaces typical of the uncirculated grade. The preservation quality demonstrates the careful handling this piece has received throughout its history. The 8 Escudos denomination remains highly sought after by collectors of Mexican gold coinage and Latin American numismatics, with mint state examples commanding significant premiums due to their rarity. Given the limited surviving population and the historical significance of this series, mint state examples with superior eye appeal represent compelling collecting opportunities. The coin pictured is the exact coin you will receive.
| Wire or Check | Credit Card |
|---|---|
$8,121.09 $7,690.38 | $8,437.50 $7,990.00 |
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