Tag Archives: Peso

Mexico 1945 Silver 50 Centavos Coin

This coin was one I bought in a roll of Mexican 50 Centavos when silver was a bit higher than it is now. There were some uncommon dates in the group, but the 1945 isn’t one of them.

Mexico 50 Centavos 1945

Mexico 50 Centavos 1945

The obverse shows a Phrygian cap radiating beams of light over the denomination (“50 / Centavos”) over the date (“1945”). There’s a wreath clockwise from 2:00 to 7:00 formed by 2 crossed branches of leaves. The branch on the right appears to be olive, and the branch on the left appears to be oak. The cap is labelled “Libertad” (Liberty) and the mint mark (“M”) is between the 5 & the 0.

Mexico 50 Centavos 1945 Reverse

Mexico 50 Centavos 1945 Reverse

On the reverse, an eagle stands atop a cactus with it’s breast facing the viewer, it’s wings spread, and a snake in it’s beak. Crenellations run around the inside of the rim, and the legend “Estados Unidos Mexicanos” runs from 6:00 to 3:00 along the inside of the rim. The fineness of the coin “0.7 20” appears on either side of the eagle’s head. A wreath of olive and oak leaves is bound together with a ribbon below the cactus and runs from 4:00 to 8:00.

Identification code: KM-447

Date: 1945

Mint Mark: n/a

Mintage: 56,766,000 (a very large mintage, 1945 accounts for about 22.9% of the 247,934,000 coins minted of this type in 11 dates of issue from 1919 to 1945)

Country of origin: Mexico

Composition: 72% silver, with the remainder likely being copper

Size: 27mm

Weight: 8.3g (0.1929 oz ASW)

Estimated Value: ~$6 in XF40 condition like this with silver at ~$19/oz

Mexico 50 Centavos 1944 Silver Coin

This coin was one I bought in a roll of Mexican 50 Centavos when silver was a bit higher than it is now. There were some uncommon dates in the group, but the 1944 isn’t one of them.

Mexico 50 Centavos 1944

Mexico 50 Centavos 1944

The obverse shows a Phrygian cap radiating beams of light over the denomination (“50 / Centavos”) over the date (“1944”). There’s a wreath clockwise from 2:00 to 7:00 formed by 2 crossed branches of leaves. The branch on the right appears to be olive, and the branch on the left appears to be oak. The cap is labelled “Libertad” (Liberty) and the mint mark (“M”) is between the 5 & the 0.

On the reverse, an eagle stands atop a cactus with it’s breast facing the viewer, it’s wings spread, and a snake in it’s beak. Crenellations run around the inside of the rim, and the legend “Estados Unidos Mexicanos” runs from 6:00 to 3:00 along the inside of the rim. The fineness of the coin “0.7 20” appears on either side of the eagle’s head. A wreath of olive and oak leaves is bound together with a ribbon below the cactus and runs from 4:00 to 8:00.

Identification code: KM-447

Date: 1944

Mint Mark: n/a

Mintage: 55,806,000 (a very large mintage, 1944 accounts for about 22.5% of the 247,934,000 coins minted of this type in 11 dates of issue from 1919 to 1945)

Country of origin: Mexico

Composition: 72% silver, with the remainder likely being copper

Size: 27mm

Weight: 8.3g (0.1929 oz ASW)

Estimated Value: ~$5 in circulated condition like this with silver at ~$19/oz

Gold 20 Peso coin from Mexico dated 1959

This coin is in excellent shape. It was graded BU by the seller, and I think it would slab out at MS-62 or MS-63. It was also quite a splurge; I grabbed it on a whim just because it was darn pretty and the seller who displayed it had no qualms about using her bare hands to handle it. Had to save this dusky little beauty from such abuse!

Coin - Mexico - 20 Peso - 1959 Obverse

Coin – Mexico – 20 Peso – 1959 Obverse

The obverse shows a famous Aztec stone – the Cuauhxicalli. This monumental piece is believed to have been carved around 1479 during the reign of the 6th Aztec ruler. The Cuauhxicalli is also known as the Sun Stone, Aztec Calendar, Stone of the Five Eras, and Eagle Bowl. It is huge – at almost a 12 foot diameter, it weighs more than 24 tons. It has a similar design and pattern to other Aztec sacrificial altar decorations & may at one time have been used for holding bodies or body parts. The piece was buried shortly after the Spanish conquest, hidden under earth in the Zócalo (main square) of Mexico City. In 1760, it was unearthed and placed as a decoration in the Western tower of the metropolitan Cathedral, where it remained for 125 years. In 1885, it was transferred to the national Museum of Archaeology and History by order of the President of the Republic, General Porfirio Diaz. The Cuauhxicali takes up most of the center to the top of the obverse. Below it is the denomination “Veinte Pesos”. Below that is the legend “*15 Gr. ORO PURO*”

Coin - Mexico - 20 Peso - 1959 Reverse

Coin – Mexico – 20 Peso – 1959 Reverse

On the reverse, the dominant image is of an eagle feasting on a snake while perched on a prickly pear cactus. The legend reads clockwise from just before 9:00 to just after 3:00 “Estados Unidos Mexicanos”. The date is placed diagonally behind/below the eagles posterior.

Identification code: Mexico KM-478

Date: 1959* (see blow, under mintage)

Mint Mark: n/a

Mintage: Approximately 13,000 were minted in 1959. But, according to NGC, there were extensive restrikes with the old date still being used. “During 1960-1971 a total of 1,158,414 pieces were restruck, most likely dated 1959. In 1996 matte restrikes were produced. An additional 78,000 pieces dated 1959 were struck in 2000-2009”. That gives a total mintage of approximately 1,249,414 to date (with more possibly on the way).

Country of origin: Mexico

Composition: 90% gold (& 10% copper?)

Size: 27.5 mm diameter, 2 mm thick

Weight: 16.6 grams (for 15g or 0.4823 troy oz of pure gold / AGW (Actual Gold Weight))

Other details: 90% gold purity has proven a difficult sell. Many collectors prefer items with 99.9, 99.99, or 99.999% gold purity due to reduced storage & security costs. After all, a 90% gold coin also has 10% of base metal, which is “wasted” space in a storage vault or safe. The US mint had a short lived American Arts medal series in 90% gold in the 80’s, but abandoned it to focus on “purer” issues with extremely low face values. (As I write this, 20 pesos are worth approximately $1.32 US, while US bullion gold coins run from $5 to $100 face values).

One theory about why the denominations are so bizarrely low is that governments could theoretically seize the assets & redeem them only at face value. Since the 1959 peso has been demonetized (and the neuvo peso that replaced it has been demonetized too) that seems a bit odd in this case. Just something to bear in mind.

90% gold content was historically how coins were minted for most of the 19th century. Purer gold content was possible, but led to rapid wear and tear in consumers pockets. As this coin was minted long after gold coinage was in regular use, it’s gold ratio may simply be a historical nod.

Estimated Value: $625 with gold just under ~$1200/oz

Gallery

Mexico Onza 1979 Silver Bullion Casa De Moneda “Peso”

This gallery contains 2 photos.

This coin is a neat bullion piece – it comes from a pretty turbulent time in Mexico’s modern history. It has no denomination; the coin is simply marked based on its silver weight (1 onza = 1 ounce of silver). … Continue reading

Mexico 1910 Un Peso Coin – Caballito Peso

This coin is one of my favorite Mexican patterns – it was unfortunately short lived (only 1910-1914) and very few were produced due to the disruptions of the ongoing Mexican Revolution. On the obverse, it shows Liberty riding sidesaddle on a horse, while brandishing the torch of freedom overhead and holding a laurel branch of peace over the horses head. The sun is rising (or setting, if you’re a pessimist) behind liberty and rays of light stretch out behind her and the horse.

Mexico 1910 1 Peso Coin Obverse

Mexico 1910 1 Peso Coin Obverse

On the reverse is a more traditional Mexican pattern – an eagle battling a serpent while standing atop a prickly pear cactus. The legend reads “Estados Unidos Mexicanos”, and under the cactus is the denomination “Un Peso”.

Mexico 1910 1 Peso Coin Reverse

Mexico 1910 1 Peso Coin Reverse

Identification code: Mexico KM-453

Date: 1910 (first year of issue)

Mint Mark: M0: Mexico City

Mintage: 3,814,000

Country of origin: Mexico

Composition: 90.30% silver, 9.7% copper (0.7859 oz ASW vs the Morgan Dollar’s 0.7736 oz)

Size: 38 mm

Weight: 27.07 grams

Other details: “Caballito” means ‘Little Horse’ in Spanish.

Estimated Value: $50-80 in EF40

US Philippines 1912 Silver Peso: a tough peso to find

The 1912 silver peso was hard for me to find – it took me quite a while to find this one at a price I was willing to pay. I think it conservatively grades EF40, and may garner an EF45.

1912 was the last year that this coin was made, and the mintage numbers weren’t particularly high. That, combined with a century of disinterest in the coin has led to a severe shortage in high grades. American pesos circulated widely throughout Asia as trade coinage, and many were damaged with chopmarks or assay slices.

On the obverse, Liberty is shown pounding on the forge of freedom. It was designed by Melecio Figueroa and there is some speculation that the young Filipina woman shown on the coin was based on his daughter. She is wearing a flowing dress, similar to the garb of Liberty on other period coinage. The obverse of the coin shows Liberty in the act of one-handedly striking an anvil with a hammer while her other  hand holds an olive branch. In the background is Mt. Mayon, an active volcano with smoke billowing from the crater. On the upper edge of the coin is the denomination “One Peso” and on the lower perimeter is the word “Filipinas”.

US Philippines 1912 Silver Peso - Obverse with Liberty

US Philippines 1912 Silver Peso - Obverse with Liberty

The reverse design features an eagle perched on a shield with symbols from the American flag. At the upper rim are the words “United States of America” and at the bottom is the year of issue. To the left of the year is the mint mark (“S” for San Francisco). Coins with no mint mark were minted at the Philadelphia Mint.

US Philippines 1912 Silver Peso - Reverse with Eagle on Shield

US Philippines 1912 Silver Peso - Reverse with Eagle on Shield

Identification code: Philippines KM-172

Date: 1912

Mint Mark: S (San Francisco)

Mintage: 680,000

Country of origin: United States of America

Composition: 80% Silver (0.5144 oz ASW)

Size: 38 mm

Weight: 20 grams (0.5144 oz ASW)

Estimated Value: $80-150

1912 Silver Peso - (0.5144 oz ASW)

1912 Silver Peso - (0.5144 oz ASW)

1912 Silver Peso - (0.5144 oz ASW)
1912 Silver Peso – (0.5144 oz ASW)