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Mexican Coins

Mexican coins originally consisted primarily of Spanish-issued colonial eight reales, or Spanish dollars. Aficionados of pirates in popular culture may know these coins as the famous pieces of eight. Mexico eventually adopted both the real and the decimal-based peso, minting coins in both denominations concurrently until 1897, when the government discontinued the real.

One of the distinguishing features of Mexican coins is the intricately detailed coat of arms featured on the obverse. Originally appearing in 1910 and then sporadically in the years following the official coat of arms of Mexico features an eagle perched on a cactus with a snake in its beak. The current issue of coins, which began in 1992, restored the heraldic coat of arms to the obverse of Mexican coins. Other obverse designs throughout Mexican history have included the last emperor of the Aztecs, a liberty cap design, and several famous Mexican leaders.

The Mexican bank has recently begun issuing bimetallic commemorative 100- peso coins featuring the coats of arms of each Mexico's component states on the reverse and the national coat of arms on the obverse. There are 32 different coins in this series representing each of Mexico's 31 states and federal district. Unlike the state quarter run in the United States, these coins have been unpopular with Mexican collectors due to their high face value.


Quick Facts

  • Pesos were recognized as legal tender anywhere in the United States until 1857. Some border regions still accept pesos as currency today
  • One of three surviving 1538 Mexican eight reales sold at auction for $587,500 in 2014. The three coins were recovered from a Spanish shipwreck known as the Golden Fleece
  • The bimetallic $100 state series also has a bullion variant where the aluminum- bronze outer ring is replaced with gold

Recommended Items at Auction

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1783 MEXICO 8R EL CAZADOR SILVER COIN, SHIPWRECK
Dec 10, 12:00 PM EST
1783 MEXICO 8R EL CAZADOR SILVER COIN, SHIPWRECK
by RB Fine Arts
Est: $100- $200
$1606 Bids
1948 Mexican Cinco Pesos SILVER Coin
Dec 03, 7:00 PM EST
1948 Mexican Cinco Pesos SILVER Coin
by Big Dog Auctions
Est: $0- $0
$265 Bids
1944 Mexico 50 Centavos Silver - BU
Dec 02, 6:00 PM CST
1944 Mexico 50 Centavos Silver - BU
by J & S Coins and Bullion
Est: $0- $0
$153 Bids
1945 Mexico Dos Y Medio Pesos Gold Coin
Dec 03, 7:00 AM PST
1945 Mexico Dos Y Medio Pesos Gold Coin
by BK Auctions
Est: $180- $210
$1003 Bids
Lot de trois monnaies de 8 réales 1737,1753, 1757 A : Deux globes couronnés
Dec 15, 1:00 PM CET
Lot de trois monnaies de 8 réales 1737,1753, 1757 A : Deux globes couronnés
by Millon Riviera
Est: €100- €150
€1503 Bids
Two Silver Mexican Eight Reales Coins
Dec 02, 9:00 AM EST
Two Silver Mexican Eight Reales Coins
by Brunk Auctions
Est: $300- $500
$3503 Bids
1907 Mexican 50 Centavos SILVER Coin
Dec 03, 7:00 PM EST
1907 Mexican 50 Centavos SILVER Coin
by Big Dog Auctions
Est: $0- $0
$122 Bids
1977 Mexico Cien Pesos Silver
Dec 02, 6:00 PM CST
1977 Mexico Cien Pesos Silver
by J & S Coins and Bullion
Est: $0- $0
$201 Bid
1847 ZsOM Mexico 4 Reales Silver Coin
Dec 02, 7:00 AM PST
1847 ZsOM Mexico 4 Reales Silver Coin
by BK Auctions
Est: $75- $90
$11 Bid
1897 Mexico 8 Reales Silver Coin
Dec 02, 7:00 AM PST
1897 Mexico 8 Reales Silver Coin
by BK Auctions
Est: $275- $325
$11 Bid
1950 Mexico 5 Pesos Silver Coin Great Toning
Dec 02, 7:00 AM PST
1950 Mexico 5 Pesos Silver Coin Great Toning
by BK Auctions
Est: $325- $375
$11 Bid
1899 Mo AM Mexico Un Peso Silver Coin
Dec 03, 7:00 AM PST
1899 Mo AM Mexico Un Peso Silver Coin
by BK Auctions
Est: $105- $120
$11 Bid
1877 Zs JS Mexico 8 Reales Silver Coin
Dec 03, 7:00 AM PST
1877 Zs JS Mexico 8 Reales Silver Coin
by BK Auctions
Est: $95- $110
$11 Bid
1988 Mexico 100 Pesos Silver Coin
Dec 03, 7:00 AM PST
1988 Mexico 100 Pesos Silver Coin
by BK Auctions
Est: $180- $210
$11 Bid
1848 ZsOM Mexico 4 Reales Silver Coin
Dec 03, 7:00 AM PST
1848 ZsOM Mexico 4 Reales Silver Coin
by BK Auctions
Est: $95- $110
$11 Bid
1956 Mexico ESTADOS UNIDOS MEXICANOS Peso Km-459 Grades Choice Unc
Dec 05, 11:00 AM EST
1956 Mexico ESTADOS UNIDOS MEXICANOS Peso Km-459 Grades Choice Unc
by Key Date Coins
Est: $25- $100
$51 Bid
Group of 4 1950 Mexico ESTADOS UNIDOS MEXICANOS 25 Centavos Buttons KM-443
Dec 03, 11:00 AM EST
Group of 4 1950 Mexico ESTADOS UNIDOS MEXICANOS 25 Centavos Buttons KM-443
by Key Date Coins
Est: $25- $100
$51 Bid
1866 Mexican 1 Peso SILVER Coin
Dec 03, 7:00 PM EST
1866 Mexican 1 Peso SILVER Coin
by Big Dog Auctions
Est: $0- $0
$11 Bid
1985Mo Mexico 1 Onza Libertad Silver Coin NGC MS67
Dec 02, 7:00 AM PST
1985Mo Mexico 1 Onza Libertad Silver Coin NGC MS67
by BK Auctions
Est: $75- $90
$11 Bid
1955 Mexico Gold 5 Pesos
Dec 09, 10:00 AM CST
1955 Mexico Gold 5 Pesos
by Link Auction Galleries
Est: $225- $275
$1001 Bid
1945 Mexico Dos Y Medio Pesos Gold Coin
Dec 04, 7:00 AM PST
1945 Mexico Dos Y Medio Pesos Gold Coin
by BK Auctions
Est: $180- $210
$11 Bid
1945 Mexico Dos Pesos Gold Coin
Dec 02, 7:00 AM PST
1945 Mexico Dos Pesos Gold Coin
by BK Auctions
Est: $160- $190
$11 Bid
1945 Mexico Dos Pesos Gold Coin
Dec 03, 7:00 AM PST
1945 Mexico Dos Pesos Gold Coin
by BK Auctions
Est: $160- $190
$11 Bid

Sellers Who Sell Mexican Coins


BK Auctions

BK Auctions

Millon Riviera

Millon Riviera

Papps Family Liquidation.com

Papps Family Liquidation.com

McCurley Auction Company

McCurley Auction Company