José María Teclo Morelos y Pavón was a Mexican Roman Catholic priest and revolutionary rebel leader who led the Mexican War of Independence movement, assuming its leadership after the execution of Miguel Hidalgo y Costilla in 1811. He was later captured by the Spanish colonial authorities and executed for treason in 1815. Morelos is considered a national hero of Mexico.
The peso coins bearing a portrait of Morelos started in 1947 and stopped in 1949. Later, in 1970, Morelos appears again on the peso coin. This page applies only to coins dated between 1947 and 1949.
PESOS DATED 1947 AND 1948
average circulated: BV + $2 US dollars approximate catalog value
well preserved: BV + $5
fully uncirculated: BV + $10
Above, BV means 'base value,' or the value due to silver content. Each coin contains 0.225 troy ounces of silver which, at today's silver price of $16 US dollars per troy ounce, amounts to $3.60. Be sure to look up the price of silver. It changes every day.
PESOS DATED 1949
average circulated: $800
well preserved: $1200
fully uncirculated: $2000
Hope you can find one dated 1949. Those are super-valuable.