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1 Real Insurgent Coinage

Issuer State of Oaxaca
Year 1811-1813
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Weight 10.5 g
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Obverse description Crudely hammered copper field displaying a stylized monogram in the center of the flan, consisting of the letters 'S', 'U', and 'D' rendered in a primitive, hand-engraved manner, serving as an abbreviation for 'Sud' (South), denoting the southern insurgent forces under Morelos. The legend characters are boldly raised against the rough, irregular field. A rudimentary border of short radial dashes or serrations encircles the design along the rim. The overall execution reflects the emergency nature of this wartime coinage, struck with minimal die-cutting resources during the Mexican War of Independence.
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Obverse lettering SUD
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Additional information

Oaxaca became one of the most prolific issuers of insurgent coinage during Mexico's independence struggle, operating provisional mints precisely because royalist forces controlled the established mints at Mexico City and Guanajuato. The pieces struck under José María Morelos were deliberate instruments of administrative legitimacy — circulated within insurgent-controlled territory to demonstrate that a functioning parallel government existed.

Copper was the practical choice under siege conditions. KM#222 is known with enough die variation across the 1811–1813 window to suggest multiple working dies cut by different hands.

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