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.
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