1813 Mexico Oaxaca Calico- 1431 8R PCGS VF Detail Genuine Tooled

Historical Context

• Revolutionary Significance:
  • This coin was struck during the Mexican War of Independence under insurgent control in Oaxaca, a critical region of resistance. Oaxaca coins represent the insurgents’ effort to establish economic independence and fund their cause against Spanish rule.
  • The 8 Reales denomination, often called a “Spanish Dollar,” was the most widely used silver coin of its time, functioning as an international trade currency.
• Design and Symbolism:
  • Obverse: Typically features a radiant liberty cap, symbolizing enlightenment and freedom, possibly accompanied by crossed cannons or flags to signify the revolutionary spirit.
  • Reverse: Inscribed with “OAXACA” and other elements that emphasize local autonomy and defiance against colonial powers.

Grading and Condition

• Grade: PCGS VF Detail Genuine Tooled
  • VF Detail: The coin exhibits significant wear, with major design features still visible, though finer details may be diminished.
  • Tooled: This designation indicates post-mint surface alterations, such as engraving or smoothing, performed to modify or repair the coin’s appearance. Such alterations reduce collector appeal but do not erase the coin’s historical importance.

Rarity

• Oaxaca-minted coins, especially the 8 Reales, are exceedingly scarce due to:
  • Limited Mintage: Insurgents operated under constrained resources and produced coins in low quantities.
  • Survival Rate: Many coins were lost, melted, or heavily worn, making surviving examples highly sought after.

Collector Appeal

• Historical Importance:
  • The 1813 Oaxaca 8 Reales is a testament to Mexico’s struggle for independence, encapsulating the resourcefulness and determination of the insurgent forces.
• Numismatic Significance:
  • As a piece of revolutionary-era currency, it is a prized item for collectors of Mexican history, colonial coinage, or world silver coins.

Preservation Recommendations

• Storage:
  • Leave the coin in its PCGS slab to protect it from further damage or mishandling.
  • Store in a cool, dry place with minimal exposure to light and humidity.