PCGS # | 707636 |
Date, mintmark | 1813 |
Denomination | 8 R |
Variety | KM-234 |
Region | Oaxaca |
Grade | XF40BN |
Security | Protected by NFC anti-counterfeiting technology |
Holder Type | PCGS Gold Shield |
Population | 9 |
Pop Higher | 23 |
Historical Significance
- Context:
- This coin was minted during the Mexican War of Independence (1810–1821), a period when insurgent forces issued their own currency to fund their campaigns and assert their authority.
- Oaxaca was one of the key strongholds of the independence movement, and the coins minted there reflect the region’s push for autonomy from Spanish rule.
- Symbolism:
- Obverse: Typically features a radiant liberty cap, a symbol of enlightenment and independence, above crossed cannons and flags, representing the revolutionary cause.
- Reverse: Often includes the legend “OAXACA” with additional revolutionary motifs or inscriptions.
Grading and Condition
- Grade: PCGS XF40 (Extremely Fine)
- Indicates light wear on the high points of the design, but most details are well-preserved and sharp.
- For a coin of this age and historical context, XF40 is a desirable grade, reflecting careful preservation over two centuries.
Rarity and Appeal
- Low Mintage:
- Coins from Oaxaca are relatively scarce due to limited production during the war and the challenges of minting under revolutionary conditions.
- Historical Appeal:
- Oaxaca coins are highly sought after by collectors due to their association with the Mexican independence movement. Their unique designs and regional production add to their desirability.
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