Scarce 1866 Mexico Copper Private State Coin 1/4 Real Durango Cuartilla World

Description

Scarce 1866 Mexico Copper Private State Coin 1/4 Real Durango Cuartilla World
This coin is a copper quarter real issued 1860 and 1866 by the state of Durango.
It was the first cuartilla issued by the state since 1858.
The Mexican
constitution
reserved the right to coin gold and silver to the federal government but granted the
right to
mint copper
to the states, which right they used and abused. For some states,
this was a major source of revenue
as the metal content was much less than the face value.
For others, it was an opportunity to thumb their noses at the central government by
proclaiming their
"free and sovereign" status.
Weight: 7.00 Grams,
Fineness: Copper, Diameter: 27 mm, Mintage: Unknown.
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