During the centuries that Mexico was a colony of Spain, the silver real was the country’s currency. It took 16 reales to equal one gold escudo, and 8 reales to equal a single peso, which was Mexico’s dollar. Forty years after Mexico gained its independence from Spain, a decimal monetary system arrived—when it did in 1863, 100 centavos became the new base value of the peso.

Of the coins from the early days of the Republica Mexicana, escudos and reales minted in the 1820s are in particularly high demand. Each featured a variation of an eagle with a snake in its beak on the obverse (a reference to the legend of Mexico City’s founding), with a liberty cap on the reverse.

In 1905, the gold content of the peso was reduced by almost 50 percent. The artistry of the coin did not suffer, however, especially in 1910, when a silver peso was struck featuring yet another variation of that Mexico City eagle on the obverse, with a woman riding a horse in front of a radiating sun on the other side.

Other Mexican coins of note include round lead centavos issued by the state of Durango in 1914 and rectangular copper Oaxacan centavos from 1915.

Best of the Web (“Hall of Fame”)

Ancient Coins: In Praise of the Celators!

Ancient Coins: In Praise of the Celators!

Dr. Tom Buggey’s Ancient Coins: In Praise of the Celators! focuses mainly on coins from Greek and Roman antiquity… [read review or visit site]

Worldwide Bi-Metallic Collectors Club

Worldwide Bi-Metallic Collectors Club

Bi-metallic coins have been around since the 17th century, when a copper wedge was added to the English farthing to… [read review or visit site]

Clubs & Associations

Other Great Reference Sites

Most watched eBay auctions    

1743 Mexico 8 Reales Pillar Dollar Au Details Ex-hollandia Wreck W/certificate2015 Ngc Graded Silver Libertad Onza Reverse Proof And Proof Coin With Box2015 Silver Libertad Kilo Proof -like *** Treasure Coin Of Mexico™ *** 1816 Chihuahua Mexico 8 Reales Ca-pp Lcm Counterstamp Scarce1600's Mexico 8 Reales Certifited Shipwreck Coin From The Concepcion With Coa1991 Type Ii Ngc Ms 67 Superb Gem Silver Onza/libertad 8 Pads On Cactus Top Pop2015-mo Mexico 1 Kilo (32.15 Oz) Silver Libertad Ngc Pl70 Er Proof Like Sku365281769-mo Mf Mexico Pillar 8 Reales, Pcgs Au50, Nicely TonedLarge Silver 8 Reales___dated 1792___shipwreck Sea Salvaged___colonial / SpanishMexico Carlos Iv Chihuahua 16 Reales 48mm Silver Proclamation Medal 1790 Rare1899cn-q Gold One 1 Peso Republic Of Mexico Unc Very Low Mintage Of Only 2000!!!Mexico 1618-1622 4 Reales From Sao' Jose Shipwreck Ngc Shipwreck Effect Grade 26 Mexico Libertad Silver 1 Onza Bu Coins 1994 To 1999 Mexican 999 Plata (052041yBurning Libertad Black Ruthenium 1 Oz Silver Coin Mexico 20151991 Silver 1 Oz Libertad Mexico Ngc Pf69 Variety 8 Dots On Cactus With Orig BoxGold Escudo Dated 1711/1713 And Silver Cob Dated 1714, Authenticity CertificatesLot Of 4 Bu Mexican Gold Coins 2 Peso 2.5 Peso, 5 Peso, 10 Peso2015 1 Oz Silver Coin Mexico Burning Libertad Black Ruthenium1783 Genuine Mexico 8 Reales Silver ??el Cazador Shipwreck Coin??2015 Mexico 5-coin Set 1 Oz Silver Libertad Onza Ngc Pf70 (excl Label) Sku3704415 Mexico Libertad Silver 1 Onza Bu Coins 1982 To 1995, Mexican Plata (052002y)Mexico 1877 1896 1899 1970 1921 8 Reales Dos Pesos Onza Silver Coin Collection1753 Peru 8 Reales Pillar Dollar Silver Coin --higher GradeMexico 8 Reales 1822 Empire Of Iturbide Augustin 1 Coin **sideburns Showing**2012-mo Mexico 5 Onzas Silver Libertad 5 Oz. Unc.1781 Mo Ff 8 Reales Ngc Genuine El Cazador Shipwreck Silver Pillar $ Coin CoaMexico 1824 Durango Rl Hook Neck 8 Reales Cast Coin For Study1867mo One 1 Peso Empire Of Maximilian MexicoMexico 5 Pesos 1950mo Southern Railroad Ngc Ms 641948 Mexico Cinco Pesos - Cuauhtemoc 5 Peso Mexican 90% Silver Foreign Coin1982 Silver Onza Toned Ngc Ms64 ~ 1 Oz Libertad Rainbow Toned Collectible1948 Mexico ~ 5 Pesos Silver Coin ~ Southeastern Railroad ~ 27.78 Grams1783-mo El Cazador Shipwreck 8 Reales Silver Mexico Coin, Ngc Genuine (082043c)1947 Mexican 50 Pesos Gold Coin 1.2057 Ounces Of Gold - No Reserve!3x Huge Mexico .999 Silver Proof Medals (36 Troz Actual Silver Wt) No ReserveMexico 1715-moj 1/2 Real -royal Coinage- Ngc Xf Details Extra Rare!!3 Mexico Libertad Silver 1 Onza Bu Coins 1996/97, 2000 Mexican 999 Plata(052050y1919 Mexican 2 Dos Peso Coin .900 Fine Gold Made At The Mexico City Mint NiceMexico 1823 Mo Jm Iturbide 8 Reales Cast Forgery For StudyMexico 1997 Silver Libertad Onza 1.0 Oz .999 Silver Low Mintage Year 19971835 Do Rm 8 Reales Mexico Ngc Au Det Tough Early Durango Silver Crown Cap & Ray1867 Mexico Empire Of Maximilian One Peso Silver Coin No ReserveUncirculated 1957 Mexico 10 Pesos Silver Foreign Coin Free S/h!Xs- Spain Empire Mexico Silver Cob 1 Real Colonial Felipe Ii (1500's) 3.2 Gr1948 Mexico 5 Peso Silver Coin Chief Cuauhtemoc Unc1781 Mo Ff 8 Reales Ngc Genuine El Cazador Shipwreck Silver Pillar $ Coin CoaMexico Crown Size Silver Coin 1913 Un Peso Horse And Rider Caballito Rare!1869 Republic Of Mexico 8 Reales Silver Coin No ReserveMexico, 1912 Caballito,1783 Mo 1/2 Reale Silver Coin El Cazador Shipwreck Anacs Prime Select No Reserve1675 Spanish Colonial Bolivia Silver 2 Real Cob - Km 24 - CirculatedRare Collection Of Solid Gold Mexican 50, 20, 10, 2, 2 ½, 5 Peso Coins 1906-19221780 Pts Four Reales Silver Coin 1784 El Cazador Shipwreck Rare Date Bolivia 4r2000mo Mexico S1onza Libertad Ngc Pf67dcam1768 Mexico 8 Reales Pillar Dollar Engraved "1838" On Left Globe And LoopedMexico 5 Pesos Lot, 1953 (2), 1955, 1956, & 1959-lovely-silver-l@@k!! Circ.& Unc1783 Ff 8 Reales Silver Coin 1784 El Cazador Shipwreck Ngc Genuine Piece Of 82009-mo Mexico Proof 2 Oz. .999 Silver Libertad Two Oz. (#1a)2002 Mexico 1oz Libertad - 1oz Plata Pura - Silver *no Reserve*1801 Mexico Mo-ft 8 Reales Ngc Au53