PCGS # 409068 Date, mintmark 1812 Denomination 2 R Variety KM-226.1 Region Oaxaca Grade VF35BN Security Protected by NFC anti-counterfeiting technology Holder Type PCGS Gold Shield Population 2 Pop Higher 7 Historical Significance Revolutionary Context: Minted during the Mexican War of Independence, this coin represents the economic struggle of the insurgents to sustain their rebellion against Spanish rule. Oaxaca, a region sympathetic to the independence cause, produced coins like this one to fund revolutionary activities. Design and Symbolism: Obverse: Often features a radiant liberty cap, symbolizing enlightenment and freedom, accompanied by military motifs like crossed cannons or flags. Reverse: Typically bears the inscription “OAXACA,” along with revolutionary slogans or symbols, showcasing the region’s defiance against Spanish authority. Grading and Condition Grade: PCGS VF35 (Very Fine) Displays moderate wear consistent with its age and usage but retains strong details in the main design elements. Revolutionary coins like this often circulated widely, and VF35 represents a well-preserved example, especially given the tumultuous conditions of its minting. Rarity Mintage: Revolutionary-era coins were produced in limited quantities, and many were melted down or lost, making surviving examples particularly scarce. Denomination Significance: The 2 Reales denomination was a practical coin for daily transactions, making it both historically and numismatically significant. Historical Connection: This coin provides a direct link to the Mexican independence movement and reflects the resourcefulness of insurgent forces in creating their own currency. Rarity and Symbolism: Its unique origin, coupled with its revolutionary design, makes it a centerpiece for collectors of Mexican or historical coinage.
