Mexico 1884 MO MH 8 Reales - NGC AU 58

Description: Own a piece of Mexican history with this Mexico 1884 MO MH 8 Reales. This coin is made of silver with a fineness of .903 and has been graded AU 58 by NGC. It was minted during the First Republic (1824-64) period and features original surfaces, making it an ideal addition to any coin collection. The 8 Reales denomination was widely used for trade in Mexico and other parts of the world during the 19th century. This particular coin has a KM Number of 377.8 and was minted in Mexico. It is a circulated coin, adding to its historical significance. Don't miss the opportunity to own this piece of Mexican and numismatic history. NGC AU58. The Mexican Second Republic, which lasted from 1867 to 1911, was a period marked by significant political and social change in Mexico. Here are some key points about coinage during this period:Introduction of the Mexican Peso: During the Mexican Second Republic, the Mexican peso became the official currency of the country. The peso was divided into smaller units, including centavos. This standardization helped simplify the monetary system and facilitate trade and commerce. Continuation of Silver Coinage: Silver remained the primary metal used in Mexican coinage during the Second Republic. Silver coins were minted in various denominations, including pesos, half pesos, quarters, and smaller fractions such as 25 centavos, 10 centavos, and 5 centavos. These coins typically featured national symbols such as the Mexican coat of arms, the national eagle, or portraits of prominent figures in Mexican history. Gold Coinage: Mexico continued to mint gold coins during the Second Republic, primarily for larger transactions and international trade. These gold coins were denominated in pesos or escudos and came in various denominations, including pesos, half pesos, and smaller fractions. The designs of these coins often featured national symbols and important figures. Copper and Nickel Coinage: Copper and nickel coins were also minted during the Second Republic, although to a lesser extent than silver and gold coins. These coins were typically of lower denomination and were used for small transactions. Copper coins were denominated in centavos, while nickel coins were introduced later in the period. Minting: Coinage during the Second Republic was produced at various mints throughout the country, including the Mexico City Mint (Casa de Moneda de México) and regional mints in cities such as Guadalajara, Zacatecas, and Durango. These mints produced coins using metals mined from Mexican mines. Political and Economic Instability: The Second Republic was a period of political and economic instability in Mexico, with frequent changes in government and social upheaval. This instability sometimes affected the minting and circulation of coinage, leading to variations in designs, mint marks, and the quality of coins produced.Overall, coinage during the Mexican Second Republic reflected the country's continued reliance on precious metals, its evolving political landscape, and its efforts to modernize and stabilize its monetary system amid social and economic challenges.

Price: 475 USD

Location: Palm Beach Gardens, Florida

End Time: 2024-09-30T18:05:20.000Z

Shipping Cost: 0 USD