Oaxaca 1813 2 reales KM-245

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from the Stack's Bowers 2022 NYINC sale, lot 7750
SB122-7750r.jpg

This specimen was lot 7750 in Stack's Bowers NYINC sale (New York, January 2022), where it sold for $. The catalog description[1] noted, "MEXICO. War of Independence. Oaxaca. 2 Reales, 1813. PCGS Genuine--Residue, AU Details. Boldly struck and nicely preserved, this charmingly crude issue is quite nice for the series with well-formed devices and is fairly high-grade with an attractive rich chocolate brown patina adding to its pleasing appearance. Close inspection of the reverse reveals residue of some nature, presumably glue used for board mounting, accounts for the details designation and slightly granular surfaces on the reverse mentioned for accuracy. Despite its shortcomings a handsome representative from this series of usually very crude issues that is pleasing to the eye." Oaxaca was the center of insurgent activity led by Morelos and others after Hidalgo was captured and executed. The insurgents issued many coins, from half reales to eight reales, but generally used copper for lack of bullion. They were intended to be redeemed after independence but this never happened.

Recorded mintage: unknown.

Specification: copper.

Catalog reference: KM-245.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Utberg, Neil S., The Coins of Mexico, 1536-1963, San Antonio, TX, 1963.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The 2022 NYINC Sale: World and Ancient Coins, featuring the Mark and Lottie Salton Collection and the Pat Johnson Collection, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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