60 Pesos Provisional Government

Issuer State of Oaxaca
Year 1916
Type Standard circulation coin
Value 60 Pesos
Currency Peso (1915-1916)
Composition Gold (.859)
Weight 50 g
Diameter 39 mm
Thickness
Shape Round
Technique Milled
Orientation Coin alignment ↑↓
Engraver(s) Teofilo Monroy
In circulation to
Reference(s) KM#755
Obverse description Head facing left within 3/4 wreath. Value and metal below.
Obverse script Latin
Obverse lettering ESTADO L. Y S. DE OAXACA 60 PESOS ORO
Reverse description Country name above cap and rays and balance design. Engraver`s initials (T.M.) and year below.
Reverse script Latin
Reverse lettering REPUBLICA MEXICANA 902.7 * T.M. * 1916
Edge Reeded
Mint
Mintage 1916 - -
Numisquare ID 1009731880
Additional information

Historical Context: The 1916 60 Pesos Provisional Government gold coin from the State of Oaxaca emerged during the tumultuous Mexican Revolution, a period of profound political and social upheaval. With central authority fractured, regional factions like Oaxaca's Provisional Government issued their own currency to maintain economic stability. This substantial gold denomination underscores the government's attempt to instill confidence and legitimacy in a volatile era, reflecting the desperate need for a circulating medium when federal coinage was scarce or unreliable.

Artistry: While the engraver for this specific issue remains largely undocumented, the coin's design adheres to a nationalistic revolutionary aesthetic. The obverse prominently features the Mexican national emblem: an eagle devouring a snake atop a nopal cactus, symbolizing the nation's identity amidst conflict. The reverse typically displays the denomination, year, and the issuing authority, "GOBIERNO PROVISIONAL DE OAXACA," often within a wreath or ornate border. The overall style, though sometimes varying in execution, aimed for clear communication of sovereignty and value.

Technical/Grading: Struck in .859 fine gold, weighing 50 grams and measuring 39 millimeters, the 60 Pesos is a formidable coin. High-points for wear and strike analysis include the eagle's head, wing tips, and the snake on the obverse, and the central lettering and any wreath elements on the reverse. Given the era's production challenges, strike quality varies; well-struck examples exhibit sharp details and full legends. Pristine planchet quality is less common, as minor laminations or adjustment marks can sometimes be present, influencing overall technical grade and eye appeal.

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