1812 Mexico Oaxaca 2R PCGS VF 35 KM-226.1

 

PCGS #	409068
Date, mintmark	1812
Denomination	2 R
Variety	KM-226.1
Region	Oaxaca
Grade	VF35BN
Security	Protected by NFC anti-counterfeiting technology
Holder Type	PCGS Gold Shield
Population	2
Pop Higher	7

 

Historical Significance

• Revolutionary Context:
  • Minted during the Mexican War of Independence, this coin represents the economic struggle of the insurgents to sustain their rebellion against Spanish rule.
  • Oaxaca, a region sympathetic to the independence cause, produced coins like this one to fund revolutionary activities.
• Design and Symbolism:
  • Obverse: Often features a radiant liberty cap, symbolizing enlightenment and freedom, accompanied by military motifs like crossed cannons or flags.
  • Reverse: Typically bears the inscription “OAXACA,” along with revolutionary slogans or symbols, showcasing the region’s defiance against Spanish authority.

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Grading and Condition

• Grade: PCGS VF35 (Very Fine)
  • Displays moderate wear consistent with its age and usage but retains strong details in the main design elements.
  • Revolutionary coins like this often circulated widely, and VF35 represents a well-preserved example, especially given the tumultuous conditions of its minting.

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Rarity

• Mintage:
  • Revolutionary-era coins were produced in limited quantities, and many were melted down or lost, making surviving examples particularly scarce.
• Denomination Significance:
  • The 2 Reales denomination was a practical coin for daily transactions, making it both historically and numismatically significant.

• Historical Connection:
  • This coin provides a direct link to the Mexican independence movement and reflects the resourcefulness of insurgent forces in creating their own currency.
• Rarity and Symbolism:
  • Its unique origin, coupled with its revolutionary design, makes it a centerpiece for collectors of Mexican or historical coinage.