1862-CA|JC Mexico 8 Reales NGC Chopmarked

$199.99

The 8 Reales coin was the dominant silver trade currency for centuries, circulating widely in Europe, the Americas, and Asia. By 1862, Mexican pesos were still in high demand in China, the Philippines, and Southeast Asia, where merchants preferred them due to their consistent silver content and trustworthiness. The chopmarks on this coin indicate that it was tested and approved by merchants or bankers in Asia to confirm its authenticity before being accepted in transactions. During 1862, Mexico was also undergoing significant political turmoil, with the country resisting the French intervention led by Napoleon III. Despite these internal struggles, Mexican silver coins remained an essential part of the global monetary system.

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SKU: 8192460-039 Category: Tag:

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CVC & Collectables proudly presents the 1862-CA|JC Mexico 8 Reales, struck at the Chihuahua Mint (CA) with the JC assayer initials, is an exceptional example of Mexican trade coinage that circulated worldwide. Graded NGC Chopmarked, this coin bears merchant verification marks, reflecting its use in international commerce, particularly in Asia.

Coin Highlights:

  • Issuer: United Mexican States
  • Date: 1862
  • Mint: Chihuahua (CA mintmark)
  • Assayer: JC
  • Denomination: 8 Reales
  • Composition: Silver (.9027 fine, approx. 0.7859 oz actual silver weight)
  • Edge: Reeded with an inscription
  • Grade: NGC Chopmarked — Circulated with merchant authentication marks.

Obverse:

  • Design: The iconic radiant Liberty cap, symbolizing freedom and independence, a hallmark of Mexican 8 Reales coinage.
  • Inscription: LIBERTAD 8R. 1862. CA. JC.
    • “Liberty, 8 Reales, 1862, Chihuahua Mint, Assayer JC.”

Reverse:

  • Design: The Mexican coat of arms, featuring an eagle perched on a cactus while devouring a snake, representing Mexico’s sovereignty.
  • Inscription: REPUBLICA MEXICANA

Collectibility:

The 1862-CA JC 8 Reales is a must-have for collectors. The chopmarks tell a story, linking this coin to bustling trade markets such as Shanghai, Manila, or Hong Kong, where it circulated as a trusted medium of exchange. As a well-traveled artifact of world trade history, this coin is an outstanding addition to any collection of Mexican or international trade coinage!

Explore a captivating collection of collectible coins from Mexico, spanning from 1500 to the present day, including intriguing revolutionary coins. CVC & Collectables offers a treasure trove of Mexican numismatic history, showcasing the evolution of currency over centuries. Discover these fascinating Mexican coins through this link: CVC & Collectables –  Coins of Mexico

World Coin Issues

Mexico

Condition

Chopmarked

Grade

NGC

Year

1862

Denominations

8 Reales

Metal Type Silver
Metal Weight 0.7859 oz
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