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

$174.99

The 1813 Mexico Oaxaca 8 Reales, graded PCGS XF Detail (KM-234, Environment Damage), is an iconic and historically significant coin from Mexico’s independence period. Here’s a detailed breakdown:

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PCGS # 707636
Date, mintmark 1813
Denomination 8 R
Variety KM-234
Region Oaxaca
Grade Genuine – XF Details (97 – Environmental Damage)
Security Protected by NFC anti-counterfeiting technology
Holder Type PCGS Gold Shield

Historical Context

War of Independence (1810–1821):

    • The coin was minted during the Mexican War of Independence, a time of immense political and economic upheaval.
    • Oaxaca, under revolutionary control, issued its own currency to support the independence movement led by José María Morelos and other key leaders.
  • Oaxaca Mint:
    • The Oaxaca Mint was established by the insurgents to produce much-needed coinage for their revolutionary efforts.
    • Coins from this mint are rare and carry immense historical significance as symbols of resistance against Spanish colonial rule.

Design Elements

  • Obverse:
    • Typically features imagery reflecting Mexico’s revolutionary identity, such as a liberty cap, symbols of freedom, or other patriotic emblems.
  • Reverse:
    • Includes inscriptions identifying the mint (“OAXACA”), the denomination (8 Reales), and often revolutionary slogans or motifs that reflect the independence movement.

Grade and Condition

  • XF Detail (Environment Damage):
    • XF (Extremely Fine): The coin retains sharp details, particularly on the primary design elements, with slight wear on the highest points.
    • Environment Damage: This includes surface issues like oxidation, discoloration, or pitting due to storage in challenging conditions.

Rarity and Collectability

  • Rarity:
    • Coins from Oaxaca during the independence movement are scarce due to limited mintage and the historical circumstances of their production.
    • The 8 Reales denomination, being the primary silver coin of the era, is particularly sought after by collectors.

Significance

The 1813 Oaxaca 8 Reales is emblematic of Mexico’s fight for independence. It offers collectors a tangible connection to a pivotal period in Mexican history. Despite its environmental damage, the coin remains a valuable piece due to its rarity and the historical narrative it encapsulates.

Year

1813

World Coin Issues

Mexico

Condition

XF Detail

Denominations

8 Reales

Grade

PCGS

Year 1813

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