1813 Mexico Oaxaca 8R PCGS XF Detail Environment Damage KM-234

Historical Context

• Mexican War of Independence:
  • Minted during the height of the Mexican War of Independence (1810–1821), this coin was struck in Oaxaca, a strategic city under insurgent control.
  • Coins like this funded revolutionary efforts and symbolized defiance against Spanish colonial authority.
• Design Elements:
  • Obverse: Features a liberty cap radiating light, a universal symbol of freedom and enlightenment. It might also include additional motifs like cannons, flags, or inscriptions emphasizing the revolution.
  • Reverse: Usually bears the inscription “OAXACA,” emphasizing its minting location and revolutionary origins, and may display patriotic or martial imagery.

Grading and Condition

• Grade: XF Detail (PCGS)
  • XF Detail: This indicates moderate wear, with major design elements clearly visible but lacking finer details.
  • Environmental Damage: The coin exhibits signs of exposure to harsh conditions, such as corrosion or pitting, likely due to burial, exposure to moisture, or long-term poor storage. While this impacts its aesthetic appeal, it remains historically and numismatically significant.

Rarity and Value

• Rarity:
  • Oaxaca-minted coins are scarce due to their limited production during the revolutionary period and their historical context. The survival rate of these coins is low, especially in higher grades.
  • Environmental damage is common among these coins, given their tumultuous history and conditions of circulation.
• Estimated Value:
  • In this grade, an 1813 Oaxaca 8 Reales typically sells for $600–$1,200, depending on the severity of the environmental damage and the coin’s overall visual appeal.

Significance to Collectors

• Historical Value:
  • Revolutionary-era coins are highly sought after for their connection to Mexico’s struggle for independence. Each coin tells a story of resilience and defiance.
• Numismatic Appeal:
  • The Oaxaca mint is particularly interesting to collectors of Mexican and world coins due to its unique role during the War of Independence.

Preservation Recommendations

• Handling:
  • Keep the coin in its PCGS encapsulation to preserve its current state and authenticity