Mexico 1873 ZS YH 8 Reales - NGC AU Details

Description: This Mexico 8 Reales coin from 1873 is a beautiful piece of history. Made of silver with a fineness of .903, it features the ZS YH mintmark and has been graded by NGC as AU Details. The coin has some circulation but remains in attractive condition. It is a great addition to any coin collection and a must-have for collectors of Mexican coins. Don't miss out on this opportunity to own a piece of history! NGC AU Details. 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: 275 USD

Location: Palm Beach Gardens, Florida

End Time: 2024-09-30T17:57:00.000Z

Shipping Cost: 0 USD