Old Mexican Silver Coin

Wednesday, September 7, 2011 by admin



The real was a currency of Mexico, issued until 1897. There were 16 silver reales to 1 gold escudo, with 8 tlacos to the real. The peso, which circulated alongside the real and eventually replaced it, was equal to 8 reales.

The first reales issued in Mexico were Spanish colonial reales. These were followed in 1822 by independent issues of Mexico. In 1863, Mexico began issuing a decimal currency based on the peso but coins denominated in reales (in particular 8 reales coins) continued to be minted until 1897.

Silver coins were issued in denominations of ¼, ½, 1, 2, 4 and 8 reales, with gold coins for ½, 1, 2, 4 and 8 escudos. Between 1814 and 1821, copper coins were also issued for ⅛, ¼ and 2⁄4 tlaco.

Mexican silver coin During the Mexican War of Independence (1810-1821), numerous mints operated, providing coins for both the supporters and opponents of the Spanish crown. The Royalist issued coins at mints in Chihuahua, Durango, Guadalajara, Guanajuato, Nueva Viscaya, Oaxaca, Real del Catorce, San Fernando de Bexar, San Luis Potosí, Sombrerete, Valladolid Michoacán and Zacatecas. Most Royalist issues were similar in style to the earlier colonial issues from the Mexico City mint with no new denominations issued. Insurgent coins were minted at various locations including Nueva Galicia, Oaxaca, Puebla and Veracruz. There were also issues made in the names of the Supreme National Congress of America, the National Congress and the American Congress which, although considered Insurgent issues, bore the titles of Ferdinand VII. Both Royalists and Insurgents also issued countermarked pieces. Between 1821 and 1823, coins were issued by the government of Agustín de Iturbide. There were copper ⅛ and ¼ real, silver ½, 1, 2 and 8 reales, and gold 4 and 8 escudos. The obverses of the silver and gold coins carried a variety of portraits of the Emperor with the legend "August(inus) Dei Prov(identia)" and the date, or "Augustinus Dei Providentia" and the date. The reverse had several different versions of the Mexican eagle, a golden eagle (Aquila chrysaetos). It was a traditional symbol of the Aztecs, but it was changed according to European heraldic traditions (see Coat of Arms of Mexico). The legends read "Mex I Imperator Constiiut" together with the denomination and assayer's initials.

Mexiana old and rare silver coinWith the adoption of the 1824 republican constitution, the United Mexican States began issuing coins. There were silver ½, 1, 2, 4 and 8 reales, and gold ½, 1, 2, 4 and 8 escudos, with silver ¼ reales added in 1842. Copper coins for 1⁄16, ⅛ and ¼ real were issued both by the Federal government at the Mexico City mint and by the state governments at various mints around the country. On the republic's coins, the Mexican eagle moved to the obverse, with the legend "República Mexicana". The reverse featured a liberty cap with rays behind. The legend on the reverse reads "-denomination- -mintmark- -date- -assayer's initials- 10 Ds. 20 Gs." Mexico used the medieval system of dineros and granos to measure the fineness of their coins, twelve dineros designating pure silver with each dinero divided into 24 granos. A coin of 10 Ds. 20 Gs equated to .902777 fine. The brief reign of Maximillian (1864-67) interrupted the production of republic type coins and many of the denominations ceased production either in 1863 or by 1870, as the decimal currency based on the peso was introduced. However, 8 reales coins continued in production until 1897.

Mexica silver coin old and rareAfter the abdication of Agustin de Iturbide, the Mexican Empire was dissolved and there was established a Supreme Executive Power formed by a triumvirate whose members were Generals Pedro Celestino Negrete, Nicolás Bravo and Guadalupe Victoria, whose substitutes were Jose Mariano Michelena, Vicente Guerrero and Miguel Dominguez. This Supreme Executive Power was a provisional government to called a new Constituent Congress. The new Congress was installed on 7 November 1823. Among the members of Congress, two ideological tendencies were observed. The Centralists included Fray Servando Teresa de Mier, the priest Jose Maria Becerra Jimenez, Carlos María de Bustamante, Juan José Ignacio Espinosa de los Monteros, Rafael Mangino y Mendívil and the priest José Miguel Guridi y Alcocer. On the other hand the Federalists included Miguel Ramos Arizpe, Lorenzo de Zavala, Manuel Crescencio Rejón, Valentín Gómez Farías, Juan de Dios Cañedo, Juan Bautista Morales, Juan Cayetano Gómez de Portugal, Francisco García Salinas and Prisciliano Sánchez.[2] Years later, these ideologies formed the Liberal Party and the Conservative Party.




1948 MEXICAN CHIEF CUAUHTEMOC CINCO 5 PESOS 1 OZ 90  SILVER COIN CIRCULATED
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