Lot 1108
Mexico - War of Independence. Oaxaca Insurgent Coinage. 8 Reales, 1811. Eliz-MX113; WR-30; KM-234A. 23.74 grams. Struck coinage, under General Morelos. Bow and arrow over SUD, within cartouche of arabesques. Reverse: Monogram of Morelos over value and date, within cartouche of floral arabesques. Neater example of the typically very crude work, but with usual adjustment marks. Flaw on reverse flan, otherwise especially fine example of the silver "struck coin." Very Rare first year of issue. NGC graded EF-45.
Jose Maria Morelos was a follower of father Hidalgo, and also a Catholic priest. He attempted to lead the rebellion in the south. His objectives, land for the natives, redistribution of the wealth to the poor, and reforms of the clergy, never had a chance of succeeding. He was captured, and executed in 1815.
Estimated Value $3,000 - 3,500.
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| Realized $3,795 |
