(1107) The Soap Box: Volume 3 Issue 11: Last Revision: 03/17/08

 

The Guadalupe y Calvo 1851 1 Escudo

Which one is Real and which one is Memorex?

During early 2008 Bob Murphy, one of our Mexican Coin Magic readers, sent us several interesting coins to add to the FoxLair References Collections; see (1112) The Mexican Coin Answer Man in this issue for all of them. One of them in particular was very interesting; it was a Guadalupe y Calvo GC 1851 MP 1 Escudo.  Here is my answer to Bob’s questions about this coin. After you have looked at them, and formed an opinion why note email us your comments.

A Pictorial Analysis of the Guadalupe y Calvo 1851 1 Escudo

Today we find much controversy about this 1 Escudo; many experts believe all of the genuine coins are made with Sonora Style dies. Other experts seem to think there are some legitimate coins made with Guadalupe y Calvo Style dies and some contemporary counterfeits too.

Over half of my recorded sales for this DAM were not photographed, making it difficult if not impossible to determine the individual rarity of the two different styles found this year.  At this time I have recorded only two sales of the Mexican Style of 1848 dies that are supposed to be genuine with photos and six sales of the Sonora Style of 1851 dies, the balance of the sales have unknown die styles because they were not photographed, making it impossible to determine what style dies were used to make the coins.  However, one thing is certain- all of the Sonora Style coins are High-Grade (Extra Fine or better), and the two supposedly verified Mexican Style of 1848 coins were graded only Very Fine. Another interesting fact is that majority of the other coins sold, but not photographed from this DAM have been low grade coins ranging from Very Good to Very Fine except two that graded: (1) aUnc, the 1995 Gerber Specimen, and (1) Mint State example in the 1951 Schulman/H.D. Gibbs Sale.  If the owners of these two coins read this, I would love to know which styles these two coins are?      

  1. There have been six recorded sales for “contemporary counterfeits” using Mexican Style dies for this DAM: Superior/Pradeau#1 (09/70) Lot#1322: No Photos

  2. Richard Long Sale#67 (10/92) Lot#6: Photos
  3. Swiss Bank Corp FPL (06/97) Lot#526: Photos
  4. Ponterio & Associates Sale#114 (06/01) Lot#300: No Photos
  5. ANS-Eliasberg (04/05) Lot#3309: Photos
  6. EBay (01/08): Photos

Additionally I have recorded two sales of supposedly “genuine” coins using the Mexican Style dies:

  1. Superior/ANA 1975 Sale (08/75) Lot#2226: Photos
  2. UBS FPL#71 (1999) Lot#512: Photos

Of the other 20 recorded sales for this DAM, five had photos showing they are Sonora Style dies, while 15 other sales had no photos making it impossible to tell what dies were used. One of the greatest problems the numismatist, or researcher faces is that most catalogs picture these small coins at their normal size making it almost impossible too fully attribute the coins correctly. And when you factor into this equation that most of the catalog photos are not all that good, it makes the task almost impossible.

The photos found in the Superior/ANA 1975 Sale, Richard Long Sale#67, and ANS-Eliasberg Sale are well above average, but none are great. Based on the photos of these coins, all three appear to be from different die pairs, but I can’t be positive. The Eagles in Superior/ANA 1975 Sale and Richard Long Sale#67 appear to be correct for the period, while the Eliasberg specimen doesn’t, but again I can’t be sure. However, the three Hand on Book dies all appear to be different. In February 2008 Bob Murphy sent us a group of coins to add to the FoxLair Reference Collections, included in this group was a 1851 Guadalupe y Calvo 1851 1 Escudo that is very interesting.     

Let’s now look at these, and a few other coins to make a comparison of them. Let’s start by looking at the last verified genuine Guadalupe y Calvo 1 Escudo in the FoxLair Reference Collection, the GC 1848 MP for which we have two examples, both of which appear to be from the same die pair:

 

GC Style of 1848 HoB #1                                                  GC Style of 1848 Eagle #1

                   FoxLair Variety# 1E-GC-1848-1101a SAC                           FoxLair Variety# 1E-1848-1101b SAC

  

GC Style of 1848 HoB #2                                                  GC Style of 1848 Eagle #2

                     FoxLair Variety# 1E-GC-1848-1101a DAB                        FoxLair Variety# 1E-1848-1101b DAB

Next let’s look at the supposedly genuine Guadalupe y Calvo GC 1850 MP 1 Escudo that appeared in the ANR-Eliasberg Sale as Lot#3305.  Notice the difference in lettering on the Hand on Book die from 1848 to 1850 and the difference in the Eagle dies. 

 

GC Style of 1850 HoB                                                        GC Style of 1850 Eagle

FoxLair Variety# 1E-GC-1850-1101a                        FoxLair Variety# 1E-1850-1101b

Now let’s look at the San Andres specimen that uses the Sonora Style dies of 1851.

  

Sonora Style of 1851 HoB                                                                 Sonora Style of 1851 Eagle

FoxLair Variety# 1E-GC-1851-1201a                                    FoxLair Variety# 1E-1851-1201b

There is no chance anyone shouldn’t be able to tell the difference in these two styles because they are completely unlike each other. 

Next let’s look at the coins that we have photos of  in the catalogs, first the Superior ANA 1975 Sale specimen:

GC Style of 1851 Eagle                                                      GC Style of 1851 HoB

FoxLair Variety# 1E-GC-1851-1101b                            FoxLair Variety# 1E-1851-1101a

Now the Richard Long Sale#67 Specimen…

   

GC Style of 1851 HoB                                                        GC Style of 1851 Eagle

FoxLair Variety# 1E-GC-1851-1101a                            FoxLair Variety# 1E-1851-1101b

Next let’s take a look at the Bob Murphy specimen.  In my opinion this coin is much different than any of the others. Here are a few different reference points:

   

GC Style of 1851 HoB                                                        GC Style of 1851 Eagle

FoxLair Variety# 1E-GC-1851-CC01a BMC                                FoxLair Variety# 1E-1851-CC01b BMC

Lets now compare the Bob Murphy specimen to the Eliasberg specimen.

 

GC Style of 1851 HoB                                                                        GC Style of 1851 Eagle

FoxLair Variety# 1E-GC-1851-CC02a LEC                                  FoxLair Variety# 1E-1851-CC02b LEC

Clearly these two coins didn’t come from the same die pair!  So what does all of this really mean? 

In my humble opinion it means there have been sales of at least five Guadalupe y Calvo 1851 1 Escudos made from five different die pairs. At this moment in time, I can’t tell which are real (genuine) and which are false or Memorex, even the Sonora Style coin. Let’s face it … strange things were going on at the Guadalupe y Calvo Mint during its entire life. We find many strange looking dies used for this mint’s 8 Reales and 8 Escudos, especially the eagles, in addition to the first Sonora Style dies used for any coinage. The Bob Murphy specimen weighs 3.37 grams while the San Andres coin using the Sonora Style dies weighs 3.35 grams, which means both are underweight.  Does this mean both are counterfeits?

But wait we aren't finished yet! What about that Guadalupe y Calvo 1851 1 Escudo that appeared during early 2008 on eBay? I bid what I thought was a high price for this coin, but didn’t win it. I did however capture pictures of it, so let’s take a look at them and see what they tell us…

 

GC Style of 1851 HoB                                                                        GC Style of 1851 Eagle

FoxLair Variety# 1E-GC-1851-CC03a eBay                                 FoxLair Variety# 1E-1851-CC03b eBay

Oops, looks like we have a sixth die pair for the Guadalupe y Calvo 1851 1 Escudos. My, my, my I wonder what was going on in Guadalupe y Calvo during 1851?

If you have any thoughts, or ideas about this multitude of dies give us a call, write, or email us at:

Phone:    (956) 943-8409
Mail:       Ralph Poucher
                FoxLair Partners, Ltd.
                PO Box AJ
                Port Isabel, TX 78578
                USA
Email:   MexCoinMagic@aol.com

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