Oaxaca Medal. Felipe Ordonez Diaz (1789)
Prices updated: August 2026
Silver · Proclamation and oath · 1789
Silver · Proclamation and oath · 1789
How much is the coin Oaxaca Medal. Felipe Ordonez Diaz (1789) worth?
The market value of the coin Oaxaca Medal. Felipe Ordonez Diaz (1789) is not yet documented with enough data to give a firm range. Weigh and measure your piece, compare it against the specifications, and check the forum for a second opinion.
The real price depends on four factors: the grade of preservation (a circulated piece is worth the low end of the range; an uncirculated one, or one still in its official blister pack, the high end), the finish (satin vs mirror/proof), the rarity within the series based on the mintage, and the metal spot price on the day of the deal when the piece is silver or gold. Check the value-by-grade table above and compare with equivalent pieces before buying or selling.
Where to buy or sell this coin?
Browse the national directory of numismatic shops or the community forum to trade directly with other collectors.
Historical context
This medal from 1789 commemorates the proclamation of Carlos IV, the king who succeeded his father Carlos III after the latter's death in December 1788. The news traveled through New Spain in 1789 and set off oath-of-allegiance ceremonies throughout the viceroyalty, with the parade of the royal standard, triumphal arches, and the distribution of medals.
It comes from Oaxaca, a rich city of the south famed for cochineal, the coveted red dye that was one of the most valuable products New Spain exported to Europe. It carries the associated name of Felipe Ordoñez Diaz, surely the mayor or notable who funded the issue.
The proclamation medals were the way each city joined, at its own scale, the great imperial act of recognizing the new monarch. That Oaxaca struck its own confirms its weight within the economy and ceremonial life of the viceroyalty.
Description
The "Oaxaca. Felipe Ordoñez Díaz" medal, struck in 1789, is a silver piece that recovers a fragment of Mexico's colonial past. At just 28.76 millimeters in diameter and 6.74 grams, it condenses into a small disc of precious metal the memory of a figure tied to the history of Oaxaca.
Being silver, its value starts from a clear floor: the fine-metal content of its 6.74 grams. Above that, what lifts it is condition, the short run of the issue, and interest in the theme it commemorates. A piece with no wear and its original case is worth considerably more than one that has been handled.
How to identify and value this medal
- Confirm the metal. It is silver; weigh it to estimate its fine-metal content.
- Read the legend and the motif. It commemorates Felipe Ordoñez Díaz and defines its historical interest.
- Check the condition. No scratches or harsh cleanings, with natural patina.
- Look for the case and the certificate if it had them: they add collector value.
Explore more pieces in the Mexican numismatics catalog and learn to read the marks in the guide on how to identify Mexican mints. For the collector, this medal is cataloged as Grove, Medals of México, I #C-92.
Value range of this piece
Value range without enough data for this piece.
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