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 kitco.com, 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!
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