1825Mo JM Mexico 4 Escudos - NGC AU Details

Description: CoinRepublic of Mexico4 EscudosYear1825MoMintMexico CityGraded byNGCGradeAU Details - CleanedSKU2165154011.NCXNotes Obverse: The National Emblem accompanied by the Inscription 'Republica Mexicana'Reverse: an arm holding a rod topped with a Phrygian cap on an open law book and the inscription LA LIBERTAD EN LA LEY (Liberty in the law)After the republic was proclaimed, Guadalupe Victoria became the first President of México. The Republican government implemented new types of coins in the country, and decreed the minting of gold and silver coins in line with the Spanish octal system in denominations of escudos and reales. The new designs were inspired by the symbols of freedom and justice used during the French Revolution. These symbols include the Phrygian cap. The Romans gave a special meaning to this cap, as slaves wore it when they were freed. During the French Revolution the cap became a symbol of liberty and was recognized as such throughout the world.Some provisional mints became foreign mints, subsidiaries of the Mint of México. As mining production and coin minting grew again, mainly for export to Eastern markets, new foreign mints were created with up to fourteen operating throughout the Mexican Republic. A close inspection of the republican coins reveals endless varieties of casting, which has given numismatic researchers a whole new field of study. Another circumstance is that each mint put its initial on the coins, and as some mints did not operate as long as others, or made fewer coins, some examples have become collectors’ items because of their rarity; such is the case of State of México or Alamos coins.

Price: 2204.99 USD

Location: Houston, Texas

End Time: 2024-12-20T21:07:34.000Z

Shipping Cost: 5 USD