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1⁄16 Real 'Medio Octavo'
| Issuer | State of Jalisco |
|---|---|
| Year | 1860 |
| Type | Log in to see details |
| Value | 1⁄16 Real (0.0625) |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | DEPARTAMENTO DE JALISCO ★ 1860 ★ (Translation: Department of Jalisco) |
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| Reverse lettering | Log in to see details |
| Edge | Milled (diagonal) |
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| Additional information |
Jalisco was one of several Mexican states that issued copper fractional coinage during the mid-nineteenth century to address a chronic shortage of small-denomination specie — silver having largely disappeared from everyday transactions through hoarding and export. The 1/16 real denomination, sometimes called the "medio octavo," sat at the absolute bottom of the monetary ladder, used almost exclusively for market transactions among the rural and urban poor.
State-issued copper of this period circulated heavily and wore quickly. KM#316 survivors in collectible condition are genuinely scarce.