Pesoteca · Mexican numismatic catalog Pesoteca

San Miguel el Grande Medal. José María de la Canal (1761)

Reverse
Obverse

Silver · Proclamation and oath · 1761

How much is the coin San Miguel el Grande Medal. José María de la Canal (1761) worth?

The market value of the coin San Miguel el Grande Medal. José María de la Canal (1761) 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 1761 commemorates the oath of allegiance to Carlos III, the king who ascended the Spanish throne in 1759 and whose proclamation was celebrated in New Spain throughout 1760 and 1761. It comes from San Miguel el Grande, the prosperous town of the Bajío that a century later would be renamed San Miguel de Allende in honor of the insurgent hero born there.

It bears the associated name of José María de la Canal, almost certainly a member of the influential Canal family, merchants and benefactors who dominated the economic life of the town. It was customary for a notable to sponsor the proclamation medal of his city as a personal act of loyalty.

Signed by the engraver F. Casanova, it is a large-format piece of considerable weight, which places it among the most ambitious provincial issues of the oath of allegiance to Carlos III. It reflects the wealth of the Bajío, the granary and commercial corridor of the viceroyalty.

Description

The "San Miguel el Grande. José María de la Canal" medal was struck in 1761. It is made of silver, measures 45 mm in diameter and 38.07 grams, the work of engraver F. Casanova F.. In the specialized catalog it is referenced as Grove, Medals of México, I #K-52.

As a silver medal, its value has a floor: the precious-metal content (38.07 grams). Above that, what drives it up is condition, how short the issue was and interest in the theme it commemorates (San Miguel el Grande. José María de la Canal). A piece without wear and with its original case is worth considerably more than one that has been tampered with.

How to identify and value this medal

  1. Confirm the metal. It is silver; weigh it to estimate its fine-metal content.
  2. Read the legend and the motif. It commemorates "San Miguel el Grande. José María de la Canal," which defines its historical interest.
  3. Check the condition. No scratches or aggressive cleaning, with natural patina.
  4. 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.

Value range of this piece

Value range without enough data for this piece.

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