CNG 100, Lot: 924. Estimate $500. Sold for $1200. This amount does not include the buyer’s fee.

MEXICO, Revolución Mexicana. Estado Libre y Soberano de Oaxaca. June 1915–March 1916. AV Plated 20 Pesos (27mm, 11.63 g, 6h). Issued under Governador José Inés Dávila. Oaxaca mint; Teofilo Monroy, mintmaster. Dated 1915. ESTADO L.Y S. DE OAXACA * 1915 *, bust of Benito Juárez left (Type 7 bust) / MONEDA PROVISIONAL, 20/PESOS/0.175/ORO above an oak and laurel wreath; below, TM (for Teofilo Monroy). Ventana 127; G&B 377; BW 354.1; Grove 8015; KM 754. Near EF, lustrous, attractive iridescent toning.

From the collection of Dr. Lawrence A. Adams. Ex Morton & Eden 9 (25 May 2004), lot 1104.