Collectible Mexican Coins
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 silver and gold Mexican coins from the early days of the...