Friday, December 21, 2012

1948 Mexico 5 Pesos

Have a Mexico coin and want to know its value? Leave a comment

If you are reading this then you survived the Mayan calendar ending and have yet to notice that our regular calendar also ends in about 10 days. To celebrate the end of calendars here is some Mexican silver. This coin has the highest silver content of any Mexican coin.

 

When I first got this cinco pesos coin as sort of prize from a collector friend it had a value of about $12.00 back in June 2006. By April 2011 it reached its peak value of about $42.00, today it is worth $25.79. It contains 0.8680 troy ounces of silver which is the most ever used in any circulating Mexican coin.

The most recent change with Mexican money is the ESTADOS UNIDOS MEXICANOS which means UNITED MEXICANS STATES (not in order) . They recently started proceedings to drop the United States part in order to seem more independent. Originally they copied America's formal name to get a more respect. Lately some Mexicans feel like they are just a shadow on the world stage and want to be recognized just as Mexico. If this does get passed expect money changes by 2014.

Here's the stats...
Type/Country: 5 Pesos / Mexico
Year: 1948
Mintage: 26,740,000
Metal: 90% Silver, 10% Copper?
Value: $26.00 in Almost-Uncirculated

Do you have a Mexican coin and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

6 dollars worth, for Comments/Questions click here.:

Anonymous said...

Great blog. Which is your favorite silver coin, and why?

Perhaps you can include a tag for "silver" next time...

Man said...

Great blog. Which is your favorite silver coin, and why?
--Morgan Dollar because it is such a classic and the weight it is perfect for dollar coins it feels like it is worth something unlike modern dollars.

Perhaps you can include a tag for "silver" next time...
--Too late it already has 2 tags, they are called Labels and they are Mexico and Silver.

Kevin said...

Nice coin. I think the Mexican silver coins are an under-appreciated segment of numismatics. Glad to have survived the apocalypse, especially since it was also my birthday! Cheers

Man said...

I think the Mexican silver coins are an under-appreciated segment of numismatics.

Agreed the constant political changes has made Mexican coins very wide and varied. Some focus on gold coins but the silver and regular copper/nickel issues have some cool coins.

Happy Belated Birthday!

Anonymous said...

200 pesos 1994

Man said...

200 pesos 1994

From what country?