San Luis Potosi 1859 1/8 real

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from the San Dimas Collection
San Luis Potosi 1859 octavo rev JS.jpg
from the San Dimas Collection
San Luis Potosi 1859 octavo rev JS2.jpg
from the San Dimas Collection
San Luis Potosi 1859 octavo rev JS3.jpg
from the San Dimas Collection
San Luis Potosi 1859 octavo rev JS4.jpg

This specimen is one of a series of copper eighth reales issued 1829-31 and 1859 by the "free" state of San Luis Potosí.

The Mexican constitution reserved the right to coin gold and silver to the federal government but granted the right to mint copper to the states, which right they used and abused. For some states, this was a major source of revenue as the metal content was much less than the face value. For others, it was an opportunity to thumb their noses at the central government by proclaiming their "free and sovereign" status.

Recorded mintage: unknown.

Specification: copper.

Catalog reference: KM 336.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • [2]Bailey, Don, State & Federal Copper and Brass Coinage of Mexico, 1824-1872, Hemet, CA, 2008.

Link to:

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