Oaxaca 1813 8 reales KM-248

Stack's Bowers February 2022 Collector's Choice sale, lot 74590

This specimen was lot 74590 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, February 2022), where it sold for $240. The catalog description^[1] noted, "MEXICO. War of Independence. Oaxaca. Tierra Caliente. 8 Reales, 1813. PCGS Genuine--Tooled, EF Details. Featuring a well-executed design and details, this crude issue stands as a solid representative of an interesting period in Mexican history." Hidalgo raised the banner of Mexican independence from Spain in 1810 with the famous "Grito de Dolores". However, his poorly trained and armed rabble was quickly dispersed by regular troops and he was captured and executed in 1811. José Maria Morelos, another priest, took up the cause and led it from his stronghold in Oaxaca until he, in turn was captured and killed in 1814. In the interim, his forces made many issues of copper eight reales for lack of silver. These "SUDS" were intended to be redeemed after independence but never were and exist today in many varieties. This bears the initials "T·C·" for Tierra Caliente (Hot Land).

Recorded mintage: unknown.

Specification: copper.

Catalog reference: KM-248.

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 February 2022 World Collectors Choice Online Auction - Ancients & World Coins, Featuring Selections from the Kings Norton Mint Collection, Costa Mesa, CA: Stack's Bowers LLC, 2022.

Link to:

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• Coins and currency dated 1813
• return to Mexican colonial coinage, 1536-1822