Zacatecas 1859 1/8 real

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from the Mountain Groan Collection
Mexico 1859Zs octavo rev DSLR.jpg
from the San Dimas Collection
Zacatecas 1859 octavo rev JS.jpg

This specimen is one of a series of brass eighth reales issued 1825-63 by the "free and sovereign" state of Zacatecas. It is a common date but, like most Mexican state issues, not often found in the quality shown.

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 but probably in the millions.

Specification: brass.

Catalog reference: KM 338, DB-901[2].

Source:

  • Harper, David C. [Ed.], North American Coins & Prices, 17th Ed., Iola, WI: Krause Publications, 2007.
  • 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.

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