1813 Mexico Oaxaca 8R PCGS XF Detail KM-234

Historical Context

• Minting During the Mexican War of Independence:
  • The Oaxaca Mint was established by revolutionary leaders during the early stages of Mexico’s struggle for independence from Spain.
  • Coins from this mint, such as the 1813 8 Reales, were used to finance the revolutionary war effort and symbolize the fight for autonomy.
• José María Morelos and the Oaxaca Mint:
  • Morelos, a key figure in the independence movement, was instrumental in setting up the Oaxaca Mint.
  • The coins minted there during this period embody the revolutionary spirit of Mexican independence.

Design Characteristics

• Obverse:
  • Typically features a liberty cap, symbolizing freedom, along with inscriptions reflecting the revolutionary ideals such as “LIBERTAD” or other patriotic slogans.
• Reverse:
  • Displays national symbols such as an eagle or a laurel wreath, reinforcing themes of liberty and nationhood.
  • Includes the mint mark “OAX” and the date of minting along with other engravings that identify the coin’s origin and era.

Grade and Condition

• XF Detail (KM-234, Genuine Environment Damage):
  • “XF” suggests the coin is in Extra Fine condition, retaining much of its original detail with some moderate wear. The details on the high points are still clearly visible.
  • “Environment Damage” indicates that the coin has been exposed to elements such as moisture, leading to oxidation or pitting on the surface. This can affect the coin’s appearance and numismatic value but does not drastically detract from its historical importance.
  • Genuine Environment Damage means the damage occurred naturally and is not the result of alterations post-minting.

Rarity and Collectability

• Scarcity:
  • Coins from the Oaxaca Mint, especially those minted during 1813, are relatively scarce. They are highly sought after due to their historical significance and the limited nature of their production during the Mexican War of Independence.
• Historical Value:
  • These coins are valuable not just for their metal content but also for their role in Mexico’s revolutionary history. The presence of environmental damage tells a story about the hardships these coins faced during the tumultuous period of Mexican independence.
• Impact on Value:
  • Environment damage reduces the coin’s numismatic value compared to a similar coin in pristine condition. However, for collectors focused on historical authenticity, these types of damage add to the coin’s appeal.

Care and Preservation

• Storage:
  • Store the coin in a protective holder to shield it from further exposure to the elements

Significance

The 1813 Mexico Oaxaca 8 Reales in PCGS XF Detail with genuine environment damage is a compelling piece of Mexican numismatic history. The damage reflects the coin’s journey through the era of Mexico’s fight for independence, making it a valuable artifact for collectors interested in both numismatics and Mexican history.