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Mexico Durango 1/4 Real  1866
Mexico Durango 1/4 Real 1866

INDEPENDENCIA Y LIBERTAD means Independence and Liberty on your old 1/4 real coin from the State of Durango (Estado de Durango) in Northern Mexico. It seems there is renewed interest in collecting old coins from the various state-run mints of Mexico, and that drives up value. There are hundreds of unique types of these interesting coins, and that challenges collectors to assemble a complete set.

The term real, pronounced roughly ray-al, is the denomination of the coin. Before Mexico went to its modern decimal system, i.e., 100 centavos in one peso, the real denomination was issued in multiples of two, like this: 1/8 real, 1/4 real, 1/2 real, 1 real, 2 reales, 4 reales, and 8 reales. The 8 reales coins were big and heavy, like a silver dollar. They became famous as 'pieces of 8' in early Americana.

Most of these old state-minted coins are crudely made and heavily worn. The coin in the picture fits the 'crude' and 'worn' description, but it would still sell retail for $20 US dollars or so. A specimen in better condition would easily double that value, or more.

Dealers usually pay about one-half of retail for coins they buy from the general public. If Suzy wants to sell her coin to a dealer, and if Suzy's coin looks about like our picture, a dealer would probably pay about $10.

Coin: 6411 , Genre: Colonizers and Colonies
Requested by: Suzy, Thu, 30-Dec-2010 08:15:19 GMT
Answered by: Chris, Mon, 16-Sep-2013 06:11:25 GMT
Reviewed by Chris - Appraisal OK, Mon, 16-Sep-2013 06:11:25 GMT
Requester description: ONE SIDE:Eagle with serpent in mouth on cactus (Middle part of the Mexican flag). words top hard to read but say '_______ de Durango' OTHER SIDE: Hard to read but looks like it used to say: 'INDEPENDENCIA LIBERTAD' The middle looks like it had 1/4. and under that looks like another # with either an 86. or 66. at the end. OLD COPPER COLOR OR BRONZE
Tags: mexico durango 1 4 real one eagle serpent snake mouth cactus part mexican flag de independencia independancia libertad an end copper color bronze ones asps snakes asp parts meican mex mexicana mexicanos mecican mexio nexicana mexicano lybertad liberdad coppers coppery brass hawk falcon leaves leaf wreath leafs leave leaved leafed leafy leavs

  

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Sun, 21-Dec-2014 01:04:55 GMT, unknown: 3552438