1836-Do RM Mexico Gold 1/2 Escudo PCGS MS64

$2,190.00 USD

– SOLD

The ½ Escudo was part of a broader system of gold and silver coinage in Mexico. Gold coins like the Escudo were higher denominations and were less common than the widely circulated silver coins, but they were still essential for large transactions and symbolized Mexico's wealth and resources.

Established in the 16th century, the Mexico City Mint was the oldest in the Americas and played a central role in Spanish colonial and, later, Mexican currency production. During the 1830s, this mint continued to be one of Mexico’s most important institutions for producing high-quality coinage, especially as the country worked to establish itself economically on the world stage.

The obverse of the coin depicts the iconic Mexican coat of arms, showing an eagle perched on a cactus with a serpent in its beak. This emblem, based on Aztec mythology, represents resilience, strength, and the indigenous roots of the Mexican nation. It also became a powerful symbol of Mexico’s independence and sovereignty. Surrounding the eagle motif, there is an inscription reading “REPUBLICA MEXICANA” ("Mexican Republic"), emphasizing the country’s transition from colonial rule to a republic.

The reverse side displays the denomination “½ Escudo,” along with the year "1836." The denomination is framed by a laurel and oak wreath, symbolizing peace and strength. Wreaths were commonly used on coinage to represent unity and the desire for a prosperous and stable nation.