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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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1989-Mo Mexico 1,000 Pesos, (KM#536)
Jul 02, 5:00 PM EDT
1989-Mo Mexico 1,000 Pesos, (KM#536)
by Richard L. Edwards Auctioneer
Est: $1- $5,000
$44 Bids
SILVER 3-COIN MEXICO 1968 25 PESOS T-1,T-2,T-3 SET
Jun 25, 11:00 AM EDT
SILVER 3-COIN MEXICO 1968 25 PESOS T-1,T-2,T-3 SET
by Silver City Auctions
Est: $100- $150
$454 Bids
MESSICO Lotto di 5 monete da 8 reales come da foto. Da esami…
Jul 03, 6:30 PM CEST
MESSICO Lotto di 5 monete da 8 reales come da foto. Da esami…
by Nomisma S.p.a
Est: €0- €0
€1302 Bids
MESSICO Carlo IV (1788-1808) 8 Reales 1801 Mo FT - KM 109 AG…
Jul 03, 6:30 PM CEST
MESSICO Carlo IV (1788-1808) 8 Reales 1801 Mo FT - KM 109 AG…
by Nomisma S.p.a
Est: €0- €0
€652 Bids
1968 Mexican Olympics Designed Silver Coin
Jul 01, 5:00 PM EDT
1968 Mexican Olympics Designed Silver Coin
by Richard L. Edwards Auctioneer
Est: $1- $5,000
$11 Bid
4 Mexican (BU) Coins, (1984 $1/2016 $2 & 2-1994 10c)
Jul 02, 5:00 PM EDT
4 Mexican (BU) Coins, (1984 $1/2016 $2 & 2-1994 10c)
by Richard L. Edwards Auctioneer
Est: $1- $5,000
$11 Bid
1945 Mexico Dos Pesos & Other Gold Coins
Jun 29, 9:00 AM EDT
1945 Mexico Dos Pesos & Other Gold Coins
by Ivy Auctions
Est: $100- $150
$501 Bid
2020 Amazonas 1 1/2 Cafeteros. Fantasy Issue
Jul 02, 5:00 PM EDT
2020 Amazonas 1 1/2 Cafeteros. Fantasy Issue
by Richard L. Edwards Auctioneer
Est: $1- $5,000
$11 Bid
1936-M Mexico 5 Centavos
Jul 02, 5:00 PM EDT
1936-M Mexico 5 Centavos
by Richard L. Edwards Auctioneer
Est: $1- $5,000
$11 Bid
Gold coin ‘Agustín I’, Mexico 19th century
Jul 04, 4:30 PM CEST
Gold coin ‘Agustín I’, Mexico 19th century
by Subastas Darley
Est: €1,000- €2,000
€1,0001 Bid
Old Mexican Silver Dollar
Jun 27, 10:00 AM EDT
Old Mexican Silver Dollar
by Berner's Auction Gallery
Est: $10- $1,000
$11 Bid
1852 MEXICAN 8 REALES SILVER COIN
Jul 03, 4:00 PM EDT
1852 MEXICAN 8 REALES SILVER COIN
by Omnia Auctions
Est: $100- $200
$741 Bid
1821ZS SILVER RG MEXICO 8 REALES NGC AU DETAILS
Jun 25, 11:00 AM EDT
1821ZS SILVER RG MEXICO 8 REALES NGC AU DETAILS
by Silver City Auctions
Est: $400- $450
$101 Bid
1893CA MM Mexico Silver 8 Reales NGC AU53
Jul 07, 12:30 PM CDT
1893CA MM Mexico Silver 8 Reales NGC AU53
by Gold Standard Auctions
Est: $195- $10,000
$1900 Bids
1781-Mo Mexico Silver 2 Reales ANACS Good4
Jul 11, 5:00 PM CDT
1781-Mo Mexico Silver 2 Reales ANACS Good4
by Gold Standard Auctions
Est: $55- $10,000
$500 Bids
1865 Mexico Maximilian Maximiliano Empire Imperio Coin
Jul 23, 9:00 PM EDT
1865 Mexico Maximilian Maximiliano Empire Imperio Coin
by Weatherham Estate Treasures
Est: $250- $350
$2000 Bids
1980 Mexican Silver-100 Pesos
Jul 23, 9:00 PM EDT
1980 Mexican Silver-100 Pesos
by Weatherham Estate Treasures
Est: $180- $220
$800 Bids
Lot Of 9 Mexican Centavos And Peso Coins
Jul 23, 9:00 PM EDT
Lot Of 9 Mexican Centavos And Peso Coins
by Weatherham Estate Treasures
Est: $25- $50
$50 Bids
1895 Mexico Silve8 Reales LIGHTLY CIRCULATED
Jul 04, 5:00 PM CDT
1895 Mexico Silve8 Reales LIGHTLY CIRCULATED
by Gold Standard Auctions
Est: $105- $10,000
$1000 Bids
1830  REALES MEXICAN SILVER COIN - SPANISH COLONY - .896 SILVER
Jul 23, 9:00 PM EDT
1830  REALES MEXICAN SILVER COIN - SPANISH COLONY - .896 SILVER
by Weatherham Estate Treasures
Est: $30- $50
$250 Bids
1959 Mexico 10 Pesos 0.2411oz Gold UNCIRCULATED
Jul 07, 12:30 PM CDT
1959 Mexico 10 Pesos 0.2411oz Gold UNCIRCULATED
by Gold Standard Auctions
Est: $480- $10,000
$4750 Bids
MESSICO 8 Reales 1895 Zs FZ - KM 377.13 AG (g 26,99) Deposit…
Jul 03, 6:30 PM CEST
MESSICO 8 Reales 1895 Zs FZ - KM 377.13 AG (g 26,99) Deposit…
by Nomisma S.p.a
Est: €0- €0
€700 Bids
MESSICO 20 Pesos 1918 - KM 478 AU (g 16,64)…
Jul 03, 6:30 PM CEST
MESSICO 20 Pesos 1918 - KM 478 AU (g 16,64)…
by Nomisma S.p.a
Est: €0- €0
€9000 Bids
Centrotavola Arg.800
Jun 28, 3:00 PM CEST
Centrotavola Arg.800
by DAMS Casa d'Aste
Est: €200- €300
€1600 Bids

Sellers Who Sell Mexican Coins


Gold Standard Auctions

Gold Standard Auctions

Nomisma S.p.a

Nomisma S.p.a

Subastas Darley

Subastas Darley

Richard L. Edwards Auctioneer

Richard L. Edwards Auctioneer