1812 Mexico Oaxaca 2R PCGS XF 40 KM-226.1

PCGS #	409068
Date, mintmark	1812
Denomination	2 R
Variety	KM-226.1
Region	Oaxaca
Grade	XF40BN
Security	Protected by NFC anti-counterfeiting technology
Holder Type	PCGS Gold Shield
Population	3
Pop Higher	4

 

Historical Context

This coin was minted during the Mexican War of Independence, a turbulent period marked by conflict against Spanish colonial rule. Oaxaca was an important mint for the insurgents, producing coins to fund the revolutionary efforts. These coins are some of the earliest tangible links to Mexico’s path toward independence.

• Mint Significance:
  • The Oaxaca mint operated under insurgent control, producing limited quantities of coinage that feature distinctive designs emphasizing liberty and resistance.
• Historical Impact:
  • Coins like this were not only used for commerce but also served as symbols of the nascent Mexican nation’s struggle for independence.

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Design Characteristics

• Obverse:
  • Displays a liberty cap with rays, a common symbol of freedom, surrounded by patriotic inscriptions.
  • The cap is often adorned with additional symbols such as cannons or flags, symbolizing resistance.
• Reverse:
  • Features the mint name “OAXACA” prominently, linking the coin to its place of origin.
  • May include a wreath or other motifs reflecting the revolutionary ethos of the time.

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Grade and Condition

• Grade: XF40 (Extremely Fine)
  • The coin exhibits moderate wear consistent with its age, but it retains clear details of the design and legends.
  • High points show some rubbing, but significant elements of the original design are still present and sharp.

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Rarity and Collectability

• Scarcity:
  • These coins are rare due to their limited production during a time of conflict and upheaval.
  • Oaxaca’s output was small compared to other mints, making these coins highly sought after by collectors.
• Historical Value:
  • The 1812 Oaxaca 2 Reales is an important piece for collectors focusing on Mexican revolutionary history, as it directly connects to the early days of Mexico’s independence movement.

 

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Collector Appeal

• Significance:
  • This coin is a critical component of any collection focused on Mexican independence or colonial to modern Mexican numismatics.
  • Its connection to the struggle for independence, combined with its scarcity and distinctive design, makes it a prized piece for collectors.
• Unique Features:
  • The Oaxaca mint’s coins are distinctive for their bold design elements and the historical context they represent, offering collectors a tangible link to Mexico’s fight for sovereignty.

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Care and Preservation

• Storage:
  • Store the coin in its PCGS holder to protect it from environmental damage and maintain its grade

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Final Thoughts

The 1812 Mexico Oaxaca 2 Reales in XF40 is an essential piece for collectors interested in revolutionary-era coinage. Its historical significance, scarcity, and distinctive design elements make it a valuable addition to any collection focusing on Mexican numismatics or early American coinage.