Mexico Oaxaca 1/2, 1, 2, and 8 Reales 1811 to 1814

Hi Checo -- That bow and arrow design is a pretty good give-away that you have a coin from the insurgents in Oaxaca province minted during the Mexican War of Independence. The 'SUD' refers to leader General Morelos.

These coins come in 1/2, 1, 2, and 8 reales denominations, as noted by annotations MR, 1R, 2R, and 8R respectively. The higher the denomination, the larger the coin. Not all coins have the ornate decorations shown in our picture. Some coins were minted in copper, others in silver.

The list below gives approximate catalog values for coins without problems. Since Checo identified his coin with 'repulsive' eye appeal, it will be essentially worthless; only coins in good shape, like the one in our picture, qualify for values listed below.

1/2 REALES COPPER (1811 to 1814):
worn: $8 US dollars approximate catalog value
average circulated: $35
well preserved: $100
1/2 reales dated 1813 with initials TC catalog around $150 in average circulated condition

1/2 REALES SILVER (1812 and 1813):
worn: $35 US dollars approximate catalog value
average circulated: $180
well preserved: $400

1 REAL COPPER (1811 to 1813):
worn: $6 US dollars approximate catalog value
average circulated: $40
well preserved: $120
1 real coins dated 1813 with initials TC catalog around $100 in average circulated condition

1 REAL SILVER (1813):
worn: $25 US dollars approximate catalog value
average circulated: $100
well preserved: $250

2 REALES COPPER (1811 to 1814):
worn: $4 US dollars approximate catalog value
average circulated: $20
well preserved: $50
2 reales dated 1813 with initials TC catalog around $70 in average circulated condition
2 reales dated 1814 with initials TC catalog around $250 in average circulated condition
2 reales dated 1811 and 1814 are more rare; multiply these values by four

2 REALES SILVER (1812 to 1814):
worn: $15 US dollars approximate catalog value
average circulated: $80
well preserved: $300
2 reales dated 1812 are more rare; multiply these values by three
2 reales dated 1813 and 1814 are more rare; multiply these values by two

8 REALES COPPER (1811 to 1814)
worn: $10 US dollars approximate catalog value
average circulated: $60
well preserved: $180
8 reales dated 1811 are more rare; multiply these values by five
8 reales dated 1812 with a large SM monogram are more rare, multiply these values by three
8 reales dated 1812 with MONEDA PROVI CIONAL PS ES are very rare, cataloging near $1000
8 reales dated 1814 with OXA or OAXACA legends are rare, cataloging near $500

8 REALES SILVER (1811 to 1814)
worn: $80 US dollars approximate catalog value
average circulated: $300
well preserved: $800
8 reales dated 1812 with 8 dots below bow are very rare and catalog near $1500
8 reales dated 1813 with large bow and SUD and no ornamentation are very rare, cataloging near $1000

These are catalog values. Actual values will be less. See our Important Terminology page to find out how much less.
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