Mexico Peso  1898 to 1909
Mexico Peso 1898 to 1909

Nice coin, Carolina. These are big, bold, beautiful silver coins that are highly sought by collectors. About this time in history Mexico was moving from a Republic (Republica Mexicana) to a United States (Estados Unidos Mexicanos), and coins from the old Republic are normally more valuable than coins from the United States.

'Libertad' meand 'Liberty' and a 'Liberty Cap' in front of the starburst. You see liberty caps on many European coins as well as early American coins, like this one.

Since these coins contain 0.78 troy ounces of silver, the base value (BV) of each coin is 0.78 times the current price of silver. Look up the current price at, it changes every day. For instance, if silver is selling at $15 US dollars per troy ounce, then BV = 0.78 x 15 = $11.70 US dollars.

Values of these coins vary with mint mark (e.g., Mo in our pictures) and Assyer's Initials (e.g., AM in our pictures), although at CoinQuest we average out detailed differences and report overall values. For seasoned collectors who are interested in specific variations and values, we recommend the trusty Standard Catalog of world coins originally by Krause and Mishler but today edited by George Cuhaj. We use the KM catalogs a lot here at CoinQuest, and this is what they say, on average, for coins like Carolina's:

worn: BV + $25 US dollars approximate catalog value
average circulated: BV + $35
well preserved: $100
fully uncirculated: $200

These are catalog values and must be converted to actual values using the information on our Terminology page.

There are some *really good coins* in this series that skyrocket over the average values shown above. In the list below, values are for coins in average circulated condition:

1899 Cn AM: $70
1900 Go RS: $70
1901 Zs AZ: $6000 (wow!)
1903 Cn FV: $70
1903 Mo MA: $2500 (wow!)
1904 Cn RP: $120

Be on the lookout for counterfeits on the very valuable coins.

And thanks, Carolina, for NOT cleaning your coin!

Coin: 5349 , Genre: Colonizers and Colonies
Requested by: Carolina, Sat, 28-Aug-2010 14:23:41 GMT
Answered by: Paul, Mon, 22-Oct-2012 21:51:44 GMT
Last review by CoinQuest: Sat, 06-Aug-2016 14:22:07 GMT
Requester description: 1908 Un Peso.Mo.1908.G.V.902,7 sun rays with cloud and 'Libertad' on cloud Republica Mexicana eagle standing on cactus with snake in mouth, olive branch with a ribbon in middle
Tags: mexico peso mex mexicana mexicanos mexio mexicano mexican un v 7 sun rays ray cloud libertad liberty republica republic eagle standing stand cactus snake mouth olive branch ribbon vna uno una vn sunrise sola sol sunburst sunshine sunset sunlight sols beams radiating radiates beam radiate radiant liberate liberte libertas libertao liberta libertate liberdad libertatis repub repbulique republik republ republican republicas republicia reipvblicae republiove republiek repvbliqve republique repvbblica republika rebublique repvblica republicans repvblique eaglets egals egal eagles eagel stands twigs stalks spray sprig limb stick twig sprays sprigs branching stalk branches branched sticks burst starburst hat cap headdress hawk falcon serpent helmeted hood caps headband hooded helmet bonnet helmit helmets asps snakes asp


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