Oaxaca Coin List
Mexico-Provinces | 1 peso
The most valuable and popular coins
The most valuable Oaxaca coins and sought after by collectors according to Foronum statistics are the following:
Historical information
The Oaxaca era in Mexico-Provincias was a fascinating period in Mexico's numismatic history. During this time, the Oaxaca region experienced significant changes in its monetary system, reflecting the political and economic transformations occurring throughout the country.
Oaxaca's Monetary System during the Colonial Era
In the colonial era, Oaxaca primarily used coins minted in Mexico City, known as "pesos de a ocho" or "reales de a ocho". These silver coins were widely accepted throughout the world and became the basis for international trade. However, the scarcity of fractional currency led to the creation of local tokens known as "tlacos" or "pilones", which were issued by merchants and haciendas to facilitate everyday transactions. These tokens, often made of copper or brass, bore inscriptions identifying the issuer and their value, and circulated mainly in the Oaxaca region.
The Transition to Independence and the First Oaxacan Coins
With the independence movement and the subsequent formation of Mexico as a nation, Oaxaca experienced significant changes in its monetary system. In 1812, during the War of Independence, a provisional mint was established in Oaxaca to mint coins of necessity. These first Oaxacan coins, known as "coins of the insurgency", were minted in silver and bore patriotic inscriptions. After independence, Oaxaca continued to strike its own coins intermittently, reflecting the political and economic instability of the period. These coins, which included real and peso denominations, often featured unique designs celebrating Oaxaca's history and culture, making them valuable historical artifacts and objects of interest to modern collectors.