Is a mintage of 4,992 considered rare?

[Double L Relics]

 

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[against the wind]

Congrats on a sweet find.
What is the date and country of origin?

 

[ironhorse]

Too bad it's holed, rare as far as mintage goes, but a marred coin doesn't stack up the same way.
Still a good find

 

[Mackaydon]

You might have a Mexican 5 centavos minted in Culiacan in the year 1873. In fine condition (without a hole) it might be worth about $50 (retail). It's mintage was 4,992. But check out the possibility the coin may have been minted i that same year in Chihuahua instead. If so, the coin would have an unknown number minted but be worth twice as much. Go figure
Don.....

 

[Rick (Nova Scotia)]

Guessing 1873 Mexico 5 centavos?
if so the mintage is 4,992,000 they just don't show the last three digits.
Have you checked the mint mark carefully ?
A mintage of (about) 5 thousand would be quite rare, except for maybe modern "produced for collectors" type of coins, as most of those types will always be accountable, and all remain in the same "mint" condition.

 

[Rick (Nova Scotia)]

You might have a Mexican 5 centavos minted in Culiacan in the year 1873. In fine condition (without a hole) it might be worth about $50 (retail). It's mintage was 4,992. But check out the possibility the coin may have been minted i that same year in Chihuahua instead. If so, the coin would have an unknown number minted but be worth twice as much. Go figure
Don.....

Don, they often remove the last three zeros in mintage figures, just look at the figures for 1886M, 1887M in the same series with mintage of .010 each, they didn't just make ten of them.

 

[Mackaydon]

Rick,
Mintages were that low in several 5 centavos Mexican coins of that era. For example, 1869 San Juis Potosi (14k) and 30k for same year from Chihuahua;20k from the Mexico City mint in 1873,12k in 1880 (Alamos); and 3-5k mintages from Durango in 1877-1891.But rarity, per se, does not create value, you need demand for that--and MX coins have not caught on as US coin have.
Don......

 

[Mackaydon]

Note the similar mintage figure on this one:
1873-Cn P Mexico Silver 5 Centavos XF Details | 5 Centavo Vintage Mexican Silver Coins | APMEX
Don....

 

[Rick (Nova Scotia)]

Rick,
Mintages were that low in several 5 centavos Mexican coins of that era. For example, 1869 San Juis Potosi (14k) and 30k for same year from Chihuahua;20k from the Mexico City mint in 1873,12k in 1880 (Alamos); and 3-5k mintages from Durango in 1877-1891.But rarity, per se, does not create value, you need demand for that--and MX coins have not caught on as US coin have.
Don......

12K, 3K , 5K 20K yes sure, but that doesn't explain all the ones listed at less than 100, like .010 (I mentioned above), .087, .024, .016, .042 etc. etc. they didn't make dies all those years, and produce less than 100 coins with them. Just think about it for a second.

That website you linked to is making the same mistake the OP did. where as I stated the last the digits are removed from the figure.

And yes agreed rarity does not = high value.

 

[Rick (Nova Scotia)]

Hard to find "evidence" seems a lot of websites are listing the "abbreviated" figures published in Krause.

But I did come up with a couple of examples of what I'm saying.

#1 1871 Zs Mexico 5 centavos listed in Krause with mintage figure of .040
On ebay seller has 22,000+ feedback lists same coin as having a mintage of 40,000
1871-Zs RARE Mexico 5 centavos (40,000 Minted ZACATECAS Mint Coin)

#2 1888 Go R Mexico 5 centavos listed in Krause with mintage figure of .320
On ebay seller has 6748 feedback lists same coin as having mintage of 320,000
http://www.ebay.ca/itm/Mexico-Silve...134141?hash=item46461ecbfd:g:3okAAOSwl8NVdOVs

 

[Mackaydon]

"My" Krause lists the 1871 Zs Mexico 5 centavos at 40,000 (on page 597); and on the previous page it lists the 1873 5c from Culiacan with a mintage of 4,992; just as the OP submitted. And 'my' Krause also gives the mintage of the 1888 GoR as 320,000 --as yours does (and the 1872 from that mint as 30,000; more in line with the mintage from 17 years prior.
One of the original 'bibles' of Mexican coins is"Coins of Mexico" by Frank W. Grove. He shows the Cuiliacan 5c (1873) as exactly 4,992 pieces minted. So, I'll stick with my original statement that the OP's coin mintage is correct--if he were referring to the Culiacan coin. Here is the one anomaly: The Culiacan mint mark for the "4,992" coin is Cn P but the OP's mint mark is Ch M; the mint mark for Chihuahua. Perhaps the attrition on the OP's coin is in error. BTW, I find no mintage figure for the 1873 Ch M 5c coin from Chihuahua in either Krause of Grove.
Don......