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1862 Mexico 8 Reales NGC-Genuine Southern Dollar
How Mexico Saved Johnny Reb!
In 1861, the new Confederate States of America were cut off from their coin supplies in Philadelphia. The rebels seized the New Orleans Mint in a desperate attempt to fill the gap, but Union forces seized it back in less than a month, leaving the South short on "pocket change." Their solution? Look even farther south -- all the way to Mexico!
Between 1861 and 1863, they imported Mexican "Cap and Rays" 8 Reales Silver Dollars. Each is struck in 90% silver and is about the size and weight of a Morgan Silver Dollar. The obverse shows a Liberty cap and the sun’s rays while the reverse features the Mexican eagle perched on a cactus with a snake in its mouth. They immediately entered circulation and helped the South survive, perhaps longer than it would have otherwise.
We were recently offered a small hoard of these "Confederate Silver Dollars." Knowing their historic importance, we immediately snapped them up. Each 1862 Mexico Silver 8 Reales is certified by Numismatic Guaranty Corporation (NGC) as a genuine Civil War-era silver dollar. In addition, your coin will be encapsulated in an acrylic holder for protection along with a label specially created by NGC for this important find. Don't miss out on this historic discovery!
|Year of Issue||1862|
|Mint Name||Mexico Mint|
|Coin Weight||27.07 Grams - g|