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By: Ian
Images:

Coins of the World
Latin letters

Metallic gray

13 days ago
Post: 1382
Mexico
Date: 1898 - Inscription: REPUBLICA MEXICANA - Questions: Identification? Value? Genuine? Variety?

 
By: Ethan
Web reference:
1. [en.ucoin.net]
13 days ago
Post: 1389
The coin isn't very well known, so it is likely to be genuine. Not very valuable. .900 silver, worth about 5$
 
By: Paul
13 days ago
Post: 1390
I think you should check your source, Ethan. I’m sure it is worth more than &5 U S dollar. I like those cool chop marks.
 
By: Ethan
13 days ago
Post: 1391
Well, there were around 20 Million made. I knew a guy who specialized in these, sadly he died. :(
 
By: Paul
Web references:
1. [coinquest.com]
2. [www.ebay.com]
12 days ago
Post: 1405
Yo, Ian ::: You have a chopped silver Peso from the old Mexican Republic. Our page on these coins appears at the [coinquest.com] link under Web Reference to the left.

Your coin is worth Base Value (BV) plus about $25 US dollars. BV is the value due to silver content, which is about $13 at today's silver price. Approximate value = $25 + $13 = $38.

The idea of 'chop marks' makes the coin extra interesting. You can see them as punched Asian characters on both sides of your coin. Back in the old days, some merchants would not trust silver coinage because it was often counterfeited. When a merchant tested a coin and found it to be genuine, he or she would punch it with a chop mark. When a merchant recognized a chop mark, it was not necessary to re-test the coin.

Chop marks make silver coins more valuable for some collectors, and less valuable for other collectors. If you want to sell your coin, look for a collector who likes chop marks.

The [ebay] link under web references shows a coin like yours that recently sold for $34.

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Thu, 18-Jan-2018 21:31:59 GMT, unknown: 3436738
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