Oaxaca 1812 8 reales

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Goldberg sale 46, lot 1111
photo courtesy Ira & Larry Goldberg

This specimen was lot 1111 in Goldberg sale 46 (Beverly Hills, May 2008), where it sold for $15,000. The catalog description[1] noted, "Mexico - War of Independence. Oaxaca Royalist Coinage. 8 Reales, 1812. Ferdinand VII, 1808-1833. Cast Royalist coinage of Lt. General Savaria. Small Lion variety. Voided cross, lion and castle at upper angles, F.o and 7.o at lower, three rosettes in field; below 7, crowned O between two pillars, within arch-shaped indent. Reverse: Small lion within shield with double border of eight X's; above, countermark of 'Z.' in square indent. Choice problem free surfaces, with handsome toning. A very choice example of type. NGC graded MS-61. Provenance: Ex Dr. Pradeau Collection. Pradeau Sale III, Superior, 11-71, lot 1563, realized $2200."

This scarce type is known with various counterstamps, including "A," "B,", "C,", "D," "K," "L," "Mo," "N," "O," "R," "V" and "Z" (shown here). After the Morelos rebels captured the city in 1812, they issued a profusion of cast copper and silver eight reales, commonly called "SUD's".

Recorded mintage: unknown.

Specification: .903 silver, this specimen 26.98 grams.

Catalog reference: Eliz-MX71; WR-29; Y--; C-923; KM 168.

Source:

  • [1]Goldberg, Ira, and Larry Goldberg, Goldberg Sale 46: the Millenia Collection, Beverly Hills, CA: Ira and Larry Goldberg Auctioneers, 2008.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
  • Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.
  • Raymond, Wayte, The Silver Dollars of North and South America, 2nd Ed., Racine, WI: Whitman Publishing, 1964.

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