1814 Mexico 2R PCGS Genuine Environment Damage XF Detail KM-226.2

The 1814 Mexico 2 Reales coin, graded as PCGS Genuine Environment Damage XF Detail, offers an intriguing glimpse into Mexico’s early 18th-century numismatic history.

Features

Issuer	State of Oaxaca
Type	Standard circulation coins
Years	1811-1814
Value	2 Reales
Currency	Real (1535-1897)
Composition	Copper
Weight	6.75 g
Diameter	25.5 mm
Thickness	2 mm
Shape	Round (irregular)
Orientation	Medal alignment ↑↑
Demonetized	Yes
Number	N# 35568
References	KM# 226.1

Historical Significance

• Context:
  • This coin was struck during a tumultuous period in Mexican history, just after the country gained independence from Spain in 1821. The early 19th century was a time of political instability and economic challenges for Mexico.
  • The 1814 date marks a period where Mexico was still in the process of establishing its identity and sovereignty, with this coin being a product of the Mexico City Mint shortly after independence.
• Design:
  • Obverse: Features a bust of King Ferdinand VII, who was the monarch of Spain at the time and continued to rule over Mexico until its independence.
  • Reverse: Displays the Mexican coat of arms, consisting of an eagle perched on a cactus eating a snake, surrounded by the legend “HISPAN. ET IND. REX” (King of Spain and the Indies).

Collector Appeal

• Historical and Cultural Value:
  • The 1814 Mexico 2 Reales provides a tangible link to the early days of Mexico’s independence and the challenges faced during this transitional period.
  • Damage Considerations:
    • The coin’s imperfections don’t necessarily detract from its value for collectors interested in the history of Mexican numismatics, as these can also tell a story about its past circulation.
• Affordable Entry:
  • XF Detail examples offer an entry point for collectors wanting to own a piece of Mexico’s early silver coins without paying the premium for pristine examples.