1812 Mexico Oaxaca 1R PCGS VF Detail KM-222

Historical Context

• Minting During the Mexican War of Independence:
  • The Oaxaca Mint was established by revolutionary leaders during Mexico’s struggle for independence from Spain.
  • Coins from this mint, such as the 1812 1 Real, were used to support the revolutionary war effort, symbolizing the fight for national autonomy.
• José María Morelos and the Oaxaca Mint:
  • Morelos, a key figure in the independence movement, was crucial in establishing the Oaxaca Mint.
  • The coins minted there during this period embody the revolutionary spirit of Mexican independence.

Design Characteristics

• Obverse:
  • Typically features a portrait of the ruling monarch or a symbolic figure representing liberty, such as a liberty cap.
  • In this case, it may depict an allegorical figure symbolizing the newly independent Mexican nation.
• Reverse:
  • Displays national symbols such as an eagle or a laurel wreath.
  • Includes the mint mark “OAX” and the date of minting along with other engravings that identify the coin’s origin and era.

Grade and Condition

• VF Detail (KM-222, Genuine Environment Damage):
  • “VF” indicates Very Fine condition, meaning the coin has some wear but still retains much of its original detail.
  • “Environment Damage” suggests that the coin has been exposed to environmental factors such as moisture, which has caused oxidation or pitting on the surface.
  • Genuine Environment Damage means the damage occurred naturally over time and is not a result of alterations post-minting.

Rarity and Collectability

• Scarcity:
  • Coins from the Oaxaca Mint, particularly from the early 1810s, are relatively scarce. They are highly sought after due to their historical significance and the limited nature of their production during Mexico’s War of Independence.
• Historical Value:
  • These coins are valuable not just for their metal content but also for their role in Mexico’s revolutionary history. The presence of environmental damage tells a story about the coin’s long journey and the era of Mexican independence.

Significance

The 1812 Mexico Oaxaca 1 Real in PCGS VF Detail with genuine environment damage is a fascinating piece of Mexico’s numismatic history. The coin’s condition and damage reflect its role during a pivotal period in Mexican history, making it a valuable artifact for collectors interested in both numismatics and historical Mexican independence.