PCGS # | 707639 |
Date, mintmark | 1814 |
Denomination | 8 R |
Variety | Calico-1344 |
Region | Oaxaca |
Grade | Genuine – XF Details (97 – Environmental Damage) |
Security | Protected by NFC anti-counterfeiting technology |
Holder Type | PCGS Gold Shield |
Historical Context
- Mexican War of Independence (1810–1821):
By 1814, the struggle for independence from Spanish rule was in full force. Oaxaca, a key city during the revolution, operated a mint under the leadership of José MarÃa Morelos y Pavón. Coins from this mint financed insurgent activities and symbolized the growing legitimacy of the independence movement. - Oaxaca Mint:
Established as a revolutionary mint, Oaxaca’s coin production faced significant resource and technical constraints. The resulting coins are often irregular but are deeply valued for their association with the war effort.
Design Elements
- Obverse:
Likely features patriotic or insurgent symbols, such as the liberty cap, reflecting the ideals of freedom and independence. - Reverse:
Commonly inscribed with “OAXACA” and other phrases promoting the insurgent cause, along with the denomination and date.
Grading and Condition
- XF Detail:
- XF (Extremely Fine) signifies that much of the coin’s original design remains intact, with wear only on high points.
- “Detail” indicates environmental damage, possibly caused by exposure to humid or corrosive conditions, typical for coins that circulated under challenging conditions.
- Environment Damage:
Surface issues like corrosion, pitting, or discoloration from prolonged exposure to the elements. These factors impact aesthetic value but not historical importance.
Significance
This coin is a tangible piece of Mexican history, representing the economic backbone of the independence movement. Its production under revolutionary circumstances gives it profound historical value.
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