Enciclopedia de Modernas Monedas Mexicanas 2.0 PDF
Enciclopedia de Modernas Monedas Mexicanas 2.0 PDF
Enciclopedia de Modernas Monedas Mexicanas 2.0 PDF
COMPREHENSIVE CATALOG
and
ENCYCLOPEDIA
of
MODERN
MEXICAN COINS
BY
WILLIMf LAWRENCE HAl'iKS
,
$6.50 ----1976 EDITION----
The
COMPREHENSIVE CATALOG
and
ENCYCLOPEDIA
of
MODERN
MEXICAN COINS
TRANSLATIONS
BY RAUL A. RIDS
PHOTOGRAPHY
BY H. 5. ULAN
EDITED
BY JUDlTH M. HANKS
---FIRST EDITION---
l
•
PRINTED BY
SUPERIOR PRINTING COMPANY
EL PASO, TEXAS
I
I
ACKNOWLEDGEMENTS
I wish to thank the following individuals for th~ir special help in preparing this volume
for you.
And special thanks to the follOWing indiViduals who are originally responsible for my
interest in M~xican numismatics and for their excellent advice over the years.
PHOTOGRAPHIC CREDITS
All rights reserved, including Ihe right to reproduce this book, or any part thereof, by All photographs are of (l{:tlJal
mimeograph or any other means, without the expressed written consent of the publishers. sizes of coins.
2 3
I IN 0 EX
Introduction 7
Information Guide to the Modern Coinage of Mexico (1905-1975) 10
Gold Coinage 24
The Question of Restrikes ..........•............•.•.•.•............. 25
Varieties .....................................•................•.... 26
Hoard Information ............................•.•.•................. 31
The Future of Mexican Numismatics ........•..•.•.••••.•........... 33
Counterfeits ................................•.•.•.•............•.... 35
Advanced Counterfeit Detection .................•.•.•..........•.... 37
Mexican Historical Figures ...............•.....••••••.••..•......... 38
I Introduccion ................................•.•.•............•.•....
Graduacion de Monedas
46
47
la Pregunta Sobre Reacunacion ..............•.•.•................. 63
Variedades ................................•..•.•••.....•...•..•.... 64
Informacion Sobre Atesoramientos ...............•.•.•............... 66
El Futuro Numismatico de Mexico 68
Falsificaciones ........................•.........••.•.•.•........... 70
Figuras Historicas de Mexico........................................ 73
Price Data .....................................•.•.•..........•.... 76
Commemorative Gold Medals of Mexico ......•.••...•.•.......•..... 110
Medallas Conmemorativas de Mexico ............•••••.•.•........... 110
Patterns of Modern Mexico .........................•............... 119
Monedas Muestras de Mexico Moderno ..............•.•............. 119
Mint Errors ..................................•....•.•............... 120
Silver Values ...........••..•....•.•.•.......•..•.•••.........•..... 121
Valores de Plata ............•.•.•..........•.•.•.•................. 121
Appendix ..................•.•.•............•.•.•.•................. 129
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IL 5
INTRODUCTION
In the past five years the rconomic world has seen a tremendous upheaval in its
thinking. particularly 10 traditional laws. The world has witnesud massive currency de-
valuations which have resulted in almost a hyper inflation situation in most civilized coun-
tries of the world. We have secn in the United Slates alone, three devaluatlons, which in
the Author's opinion have resulted in a realistic 20% inflationary cycle annually in the
American Economy since 197Z. This large Inflationary cycle, of course, has caused the
Amer;can dollar to plummet in value, while on the other hand causing virtually every
as~t of the economy from foo.h. goods and ~rvice, 10 gold to dr..matically rise in price.
One must ask how this pertains 10 the Numismatic Industry and further yet the Mexican
Coin Market in general. As mentioned above the economy hils come under great duress in
the past thr~ years causing large increases in prices in virtually every known area. The
field of Numismatics has, of course, not been left out. In fact according to the famous
financial newspaper "Barrons" dated January 15, 1973 Numismatics had the largest per-
centage of increase (225%) in value and return on money invested over every other type of
investment known. This tremendous upsurge was primarily caused by cheapened currencies
and for the most part people hedging against inflation. To my knowledge, I cannot think
of one general area of Numismatics which has not seen a tremendous growth or rise in
value since August of 1970. In fact some specific areas of Numismatics have seen their
coinage increase several hundred, if not several thousand, percentage points in the past
five years. The Mexican Coin field is induded among these groups. The Author rl!'albed
that a standard reference catalog had not been published since 1971 (prices, particularly had
becoml!' obsolete), and after speaking and receiving encouragement from several well knOwn
dealers and collectors decided to embark upon the task of writing a comprehensive book
on the coinage of Mexico.
Aftt'r long: and careful consideration I felt that the best way in which to accomplish
this task was to break this book into the three primary collecting: interests in Mexico
(Modern Mvdcan Coins 1905 to date, The Republic and Revolutionary Coins of Mexico and
finally Colonial Coins of Mexico). The reason this was done was two fold-first of all by
doing the book in thret' volumes more precise information could be introduced into each
volume and when researching this book the Author could draw upon spedalists in each
area. The second reason i$ one of simplicity alone, dealing with such areas as easy accessi-
bility, location of individual coin information, readability and hopefully for the reader a
better understanding of nch individual area of Mexican Numismatics. The Author suggl!'sts
before one starts pricing and attributing coins, that the reader should without question, read
each section of the basic information and introduction guide pertaining to grading. pricing,
I!'tc., as many radical changes and discoveries hilvl!' been made sincl!' the last standard
I reference book on Mexican coins was published and I feel that it is pertinl!'nt to you, as a
reader, to understand the many different basic guides that were used in preparing this
comprehensive catalog for you.
GRADING
Thl!' grading of coins since the beginning of Numismatics has always been a u.ther
inconsistent process among fellow Numismatists. Reasons for this are nUml!'rOUS, ranging
from ignorance on the part of either the buyer or selll!'r to differl!'nt grading standards from
country to country. As an example, for many years thl!' European grading system was
considered a more stringent systl!'m than its American counterparts. An extremely fine
specimen of a coin graded in Creat Britain may rate as an uncirculated specimen in the
United States. The grading of the coinage of the United States has seen a good deal of
improvement within the past three years. This improvement in grading consistency by both
deall!'r and collector alih was chiefly brought about by the publication, PHOTOGRADE by
BoWl!'rs and Ruddy C ..lleries of Los Angeles. This excl!'llenl book on grading used the
method of prl!'SCnting all grades and denominations of the coinage of the United Statl!'s
through the use of outstanding coin photography. Coupled along with Photograde, the
American Numismatist took notice of mass public service messages by various numismatic
6
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publications and authors explaining grading standards. Also they were advised to beware of Silver Coinage- Fully struck pieces with total mint luster ranging
such unprofessional practices by certain dealers of pseudo upgrading coins through the from dull grays to various brilliant hues. Your large
use of such methods as "whiuing" coins (the use of a wirebrush to shine or ]XIlish a coin silver coins will contain an average amount of bag
to make it appear uncirculated). marks and any v;cessive or large "bagging" will
Unfortunately, unlike American coinage there has never been a standard reference c.ause value of the coin to deteriorate. All uncircu-
work on the grading of the coinage of ¥exico, however on the other hand, Mexican Numis- lated coinage that is weak struck, having planchtt
matics has not had nearly the grading problems that the American Numismatist has had. defects or other "problems" will fall oul of the un-
I have not gone into great detail in interpreting the grades be'low ext!emely fine cin:ulated price catagory, allhough technically being
because the largest increas~ in values and strictest grade Jefinilion must take place above uncirculated.
this grade.
Many people will be shocked at some of the evaluations placed on certain issu~ in BRILUANT UNCIRCULATED (8U) Coins be'ing in mint state grade (MS 6SIMS70). Coins
8. U. There is, of cour~, good reason behind these large jumps. First of all, rarity plays the having brilliant or choice original mini Juster. Fully
key factor in the pricing. Secondly, there has not been a standard catalog accurately show- struck specimens with no degrading factors, common-
ing true price evaluations in the grade of B. U. in many years and further demand for true ly referred to as choice Brilliant Uncirculated coins.
8. U. coins is at a record high and still ad~·ancing. Gem B. U. specimens should realize above catalog
In ccrtain instances, you the reader, may notice price declines. Th~ price declines pnces.
may be due to any number of factors ranging from hoards being uncovered, to a certain
coin being overrated, in its particular grade, or to its past value posted by various sources.
PRICING
Please pay particular attention to my definition of the grades of Uncirculated and The prices set in this catalog were probably the single, most difficult area to research
Brilliant Uncirculated as these grades are used extensively throughout the book. and determine. The basic aim in pricing the coinage contained in these pages was to give
an accurate determination of value, however does one give a retail value on the coins or
GOOD (G) The coins will be readily identifiable as to their date, does one give the wholesale value of coins? When considering these two points, I found
denomination and dcsign. The coin will have full both had major disadvantages, therefore I decided upon a third approach to the subject.
rims on both obverse and reverse. The Author after consultation with several factions of the coin business from associations
to the dealer and collector decided that the best method would be to give, as of this writ-
VERY GOOD (VG) Coin will show considerable wear with all medium ing, a basic evaluation upon the coins using records obtained through personal transac-
and high points of the coin being worn. General de- tions, actual rarity and number of specimens known. latest auction sales, known recent
signs on the coin will be sharp. sales by other parties, and finally in cases where there was considerable question as 10
FINE (F) Sharp, clear rims on both the obverse and the reverse current market evaluation, the use of current dealer buy prices and current dealer asking
of the coin. There will be roughly SO% detail on the prices and using a basic compromised price. Since a large amount of the prices were obtained
inside of the basic design on the coin. from auction and retail sales to the collector, one must be'ar in mind that dealers in quite
a few cases will e:o;pect a reasonable percentage off catalog value when purchasing coins,
VERY fiNE (VF) Same grading standards as Fine. However, the coin however exceptionally rue or superb gem coins should command c.atalog prices or higher.
will exhibit ilppro:o;imately 7S% of interior detail of You will find in many cases that when checking the grades of Uncirculated and Brilliant
bilsic d~ign on the coin and only high ]XIints of the Uncirculated there will be considerable pricing difference, with even more drastic pricing
coin show considerable wear. differences for circulating gr.ades. I would seriously suggest that one pay very close at-
tention to my definition of Brilliant Uncirculated under the grading section. Many coins
EXTREMELY FlNE (Xf) (Ef) Full sharp detail in the entirety of the coin. Wear have shown tremendous increase in the 8. U. grllde and will catalog at seemingly high
possible only at the v;treme high points of the coin. pric~. The reason Ihese coins are priced in this fashion is the simple fact that th~ are
In some caSfi minor amount of original mint Juster rare in B. U. As a prime example of this is Ihe 1929 Two Centavo. I have placed a value
will be in evidence.
on Extra Fine at 550.00, whereas in Brillianl Uncirculated a value of S450.00 was used for the
ALMOST UNCIRCULATED (AU) A coin which has seen virtually no circulation. The simple reason that in twelve years of Mexican coin studies I know of only five specimens
coin is fully struck with considerable mint luster left of B. U. in existence. I know many people will take advantage of the B. U. grade as far as
(normally over 30%). As a general rule of thumb, the pricing of certain coins go. However I cannot stress enough careful consideration when
when using the price guide deduct a figure of 20% using the grading system contained in this volume.
(rom the uncirculated grade to determine price of
A. U. coins.
UNCIRCULATED (UNC) This catagory is being broken into two sub-catagories:
copper coinage and silver coinage.
Copper Coinage- Coins which are fully struck and have a minimum of
SO% mint Juster. As a spccial note when copper
coins are found brown, chocolate uncirculilted (com-
mon definition) or with full mint red, however con-
tains large amounts of carbon, use price data for
coins in A. U. grade-- The average copper or bronze
uncirculated specimen used in this catalog will have
red-brown hue with Virtually no carbon s]XIts.
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INFORMATION GUIDE TO THE ONE CENTAVO TYPE THREE 1916-1949
MODERN COINAGE OF MEXICO (1905·1975) The year 1916 saw the resumption of the bronze type (entavo similar to the type
one centavo, type onc, 1905-1915. The type three one centavo continued in production until
The Coinage of the Modern Mexican era had its mass introduction in the year 1905. the year 1949 when a major peso devaluation was instrumental in its demise.
The Mexican government had planned for many years to consolidate all of its minting
facilities under one roof in Mexico City. however due to outstanding contract agreements ONE CENTAVO TYPE FOUR 1950·1973
with the v.. rious branch mints in Mexico they were unable to make their move until the
In 1950, a new one centavo was introduced into the Mexican economy, This new one
year 1905 when all of the contracts had expired. The reasons for the Mexican government
centavo was considerably smaller in comparison to its predecessor because of the peso
wishing to consolidate are numerous. Mexico was a rapidly expanding and developing
devaluation of 1949. The reduction in size waS of course an economical move. The type
country which needed a standard form of coinage for both domestic and international trade.
At this time their republic coinage was considered awkward to exchange and handle, ex- four one centavo proved to be very inefficient in day to day monetary transactions.
penses could be reduced by consolidating, they could introduce a more uniform system of The only purpose these coins served was in financial institutions which needed exact
coinage through monetary reform, and in general produce higher efficiency and quality in figures (including the number of one centavos) to balance their accounts or books and in
every phase of the minting process. cases where exact change was needed. In 1973 the type four one cenlavo was discontinued
for the reason of being impractical.
Among the most noticeable changes in the modern Mexican coins compared to their
republic counterparts are that the Mexican One Centavo and the Gold coinage was reduced
in size for ease in handling and with the reduction in size less costly in production. Gold con- TWO CENTAVO TYPE ONE 1905-1906
tent of the gold coinage however, was raised to 900 fine to conform with most other coun- Introduced into the new coinage acts of 1905 was a bronze two centavo nicknamed the
tries' gold coinage standards. The Mexican Five Centavo was converted from silver to pure "Mongram two centavo" because of its design. The Mexican government had contracted
nickel and Mexico's other silver coinage was reduced in fineness from .90Z7 to 800 fine to with various governments to have some of Mexico's coinage struck at foreign mints, when-
try to stop the hoarding of silver because of peso devaluations and to keep these silver ever they became overburdened.
coins in circulation. Unfortunately Mexico has witnessed almost every year a continuing The Birmingham mint of England struck apprOXimately 5,000,000 of these two cen-
devaluation cycle and as almost every country in the world has done, they have had to tavos dated 1906 for Mexico. I am in agreement with Mr. Richard A. Long who has expressed
reduce silver content in coins continuously over the years, and finally having to con- the opinion that because of the wide and narrow spacing of the 1906 date there exists a
vert to Copper-Nickel. By using the peso devaluation ch..rt in this book the reader can possibility that the widely spaced dates were struck in England while the narrow spaced
see where major peso devaluations took place and at the same lime using a cross reference dates were struck in Mexico or vice versa.
technique find that within the same basic time sphere where silver contents were lowered
in Mexico's coinage. TWO CENTAVO TYPE TWO (reduced size) 1915
In the following pages [ have given a basic information guide on the coins of Modern
Mexico. When Carran~a set up a new capital in Veracruz during the revolution the forces
of Zapata already occupied Mexico City. In June of 1915 Zapata published a decree authoriz-
ing the coinage of one and two centavos coins of identical design but of a reduced size and
ONE CENTAVO TYPE ONE 1905·1915 exactly half the weight of the previous issues.
The coins were struck only in July, hence the low mintages. These coins are not
The Mexican equivalent to the American penny was 50 similar in weight and size listed with the other revolutionary coinage because they were struck at the Mexico City
that returning tourists found that they could be used in the United States in parking meters mint and were listed in the official mint report. Because of their smaller size and because
and gumball machines. they were declared illegal by the Constilucionalistas they were never widely accepted and
During its 45 year lifetime there were a couple of minor alloy changes and of did not circulate for long.
course the reduced si~e issue of 1915 which is described elsewhere. The reason for the reduced size was probably partially due to the increased need
The large mintage of the 1906 coin includes 50 million pieces which were struck III for copper during the revolution, but was probably more simply that the Zapatistas wanted
Birmingham, England during 1906 and 1907 with the 1906 date. to strike coins that could be easily distinguished from those already in circulation.
Numerous die varieties exist, with most varieties occurring in the size and spacing
of the numbers in the date. TWO CENTAVO TYPE THREE 1920-1941
The year Ino saw the resumption of the bronze two centavo similar to the type
ONE CENTAVO TYPE TWO (reduced size) 1915 one, two centavo 1905-1906. Due to their unpopularity and awkwardness, production of
these coins were stopped in 1941, With the exception of the year 1939 and 1941, which
When Carranza set up a new capital in Veracruz during the revolution the forces of were small hoard years in Brilliant Uncirculated. All of these coins in uncirculated are
Zapata already occupied Mexico Clty. In June of 1915 they published a decree authorizing scarce due to most of them being widely circulated, because at the time there seemed nO
the coinage of one and two centavos coins of identical design but of a reduced size and reason to save them,
exactly half the weight of the previous issues. A special notation the Author wishes to make in reference to rarieties is that in his
The coins were struck only in July, hence the low mintages. These coins are not opinion the 1922 two centavo is a rarer coin than the 1931 five centavo with the possible
listed with the other revolutionary coinage because they were struck at the Mexico Clty exception of the grade of bri11iant uncirculated. I have seen or heard about three times as
mint and were listed in the official mint report. Because of their smaller size and because many 1931 five centavos compared to the 19ZZ two centavo particularly in the grade of
they were declared illegal by the "Constitucionalistas" they were never widely accepted and fine to extra fine.
did not circulate for long.
The reason for the reduced size was partially due to the increased need for copper FIVE CENTAVO TYPE ONE 1905-1914
during the revolution, but was probably more simply that the Zapatistas wanted to strike The Mexican five cenlavo in 1905 was converted to a pure nickel design from its
coins that could be easily distinguished from those already in circulation. smaller, republic silver brother. The decision on the part of the Mexican government to
10 11
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convert from a silver five centavo to a nickel five centavo was a smart economical move, on its reverse. As of this date no key date coin has emerged from this series and it is still
however the nickel five centavo proved to be not as durable as its silver counterpart and in production.
was replaced after only nine years of circulation.
This coin is one of the most difficult coins of the modern issues to locate in high TEN CENTAVO TYPE ONE 1905-1914
grade because of its quick destruction as it was circulated. The new ten centavos of 1905 were most notable for their reduced silver content
from .9027 fine to .800 fine .Numerous varieties exist in this suil'S and it is one of the
FIVE CENTAVO TYPE TWO 1914-1935 most widely collected ieries of modern Mexico. Silver melting of these coins has taken its
In 1914 the new, large bronze five centavo was introduced and took over the role of toll over the years, due to their high silver content and the effects of inflation, thus uncircu-
the five centavo from the earlier pure nickel variety. This coin met with some success as it lated specimens are scarce.
circulated from 1914 to 1935. It wu more durable and had economic advantages over its
earlier nickel type. TEN CENTAVO TYPE TWO 1919
All of these coins range from semi-scarce to extremely rare in brilliant uncirculated The type two ten centavo is very similar in design to the type one ten centavo with
because they saw wide circulation and were not hoarded. The 1931 five centavo has always the exception of its being much smaller, although the same alloys were retained.
been an interesting subject to me in respect that this coin was not discovered until the late The rising silver prices and the speculators that go with them at the end of World
1950's or early 1960's. War I forced the Mexican government to reduce the amount of silver in its ten centavos to
In 1963 Mr. Neil S. Utberg reported that to his knowledge only three specimens were the point where the type two was created. Above the grade of extremly fine this is a very
in existence, however after many years of r~"rch and examination I can report now that diffi01It coin to locate and in brilliant undrculated is becoming an extremely sought
there s«ms to be between 40-75 genuine specimens in existence and to my personal know- after coin.
ledge at least one brilliant uncirculatd coin. I still wonder today why this coin did not
turn up publicly before the early 1960's and what its true minting history was.
TEN CENTAVO TYPE THREE 19J9-1935
FIVE CENTAVO TYPE THREE 1936-1942 COntinued rising silver pesos in 1919 spelled the de..th temporarily of the Mexican
silver ten centavo. At this time practically all of the Mexican silver ten centav05 had
In 1936 a five centavo was issued bearing a new design and alloy. The reverse of the been hoarded or removed from circulation forcing the Mexican government to convert its
coin showed the new hook nKk eagle design. The 1938 type three five centavo is the key ten centava production to copper coinage. This new copper ten centavo was of the same
coin to this series and is relatively rare in brilliant uncirculated. monogram design as that of the one, two, five and twenly centavo bronu design of the same
time period.
FIVE CENTAVO TYPE fOUR 1942-1955 Bronze ten centavos were produced from 1919 to 1921 and then again in 1935. The
. This ,:,ew type of bronze five centavo is broken into two different minting periods. reason for converting back again to the bronze ten centavo in 1935 was that silver prices
The f,rst bemg from 1942 through 1946 and second period being from 1951 through 1955 once again rose rapidly and it became unfeasible for a standard silver ten centavo to re-
with only slight alloy changes taking place. main in existence. All of these coins saw very wide circulation and the bronze ten centavos
. Th.is new type of bronze five centavo was the first coin of Mexico to depict a woman dated from 1919 to 1921 are Virtually impossible to find these days in brillianl uncirculated
on ltS comage. losefa Ortiz de Dominguez was honored for her patriotic role during Mex- and in the Author's opinion are true modern Mexican rarieties.
ico's battle for independence.
TEN CENTAVO TYPE FOUR 1925-1935
FIVE CENTAVO TYPE FIVE 1950 In 1925, after a lapse of four years, the Mexican mint decided to try once again m
In 1950, after a four year absence of five centavos being struck a new type of five producing another silver ten centavo. Although reduced in silver conlent and weight, this
ce: tavo was minted in a white metal, copper nickel alloy. Due to its similarity to the 1950 was to be<ome another coin that eventually fell to Ihe pressures of being une<onomical and
Mexican twenty five centavo frequent COnfusion in exchange was responsible for the fact impractical to produce.
that this particular five centavo proved to be very unpopular. The type four ten centavo saw 193.5 as its final production year and probably without
In Dec.ember of 1950 the Mexican government suspended minting of this coin and realizing it this was the last silver len centavo struck by the Ml'xico City minI.
started recallmg the remaining coins with the result that a large majority of this one year
type coin found the melting pot. TEN CENTAVO TYPE fiVE 1936-1946
The type five ten centavo was a companion piece to the copper nickel type three five
FIVE CENTAVO TYPE SIX 19.54-1969 cenlavo in respect that the design and alloy of the coins was exactly the same. The pro-
A new brass five centavo was iniToduced in 1954. The Mexican government, how- duction of silver ten cent"vos had ended in 1936 and the Mexican government needed a
ever, found that introduction of this coin presented a temporarily embarrassing situation more economical type of ten centavo. Thus this new copper nickel coin was born.
because they were minted without proper legislation. To remedy this, they hastily called The new copper nickel ten centavo was minted for eight years between 1936-1946
in all of the small brass 1954 five centavos and replaced them with the large bronze type and met with some success. In 1946 the production was halted after over one hundred
four five centavos. This actiOn resulted in the 1954 (with and without dot) small, brass twenty nine million pieces were struck, a new record for the ten centavo.
f~ve centavo becoming a modern Mexican key coin. From 1955 to 1969 the remaining type six
£'ve centavos were struck without incidence. TEN CENTAVO TYPE SIX 1955-1967
Because of the extremely high mintages of the type five ten centavo and with plenty
FIVE CENTAVO TYPE SEVEN 1971 to Date of these coins slill in circulation a new ten centavo was not struck again until 1955. The
In 1971 the brass type six five cenlavo was converted into a new type. This new five obverse of this new bronze ten centavo has a portrait of Benilo Juarez, and the reverse
centavo was considerably smaller than its predecessor and also had a new "stylized" eagle shows the modern hook neck eagle.
12 13
TWENTY CENTAVO TYPE SIX 11'55-]971
Although these coins were common in brilliant uncirculated for many years, as of
late any quantities of even the most common dates have become difficult to locate, In fact, In 1955 the old hook neck style eagle was redesigned into a new larger type of hook
the author feels that most of the copper coinage of the 1950's and early 1960'5 are under- neck eagle. Other Ihan the aviary design change this popular coin was left untouched. It
rated in brilliant uncirculated at this time. became evident after a short time that, although both types of eagle design for 1955 cir-
culated, the old, small eagle of 1955 was the scarcer of the two coins.
TWENTY CENTAVO TYPE ONE 1905-1914 Although the 1955 small eagle is selling in the $50.00 to $75.00 range in brilliant
uncirculated today, it is my opinion that this coin is overpriced, for the reason that I have
As with the other new silver coinage of the monetary reform of 1905, the silver com- seen quantities of this coin in brilliant uncirculated condition. J personally feel that this
position in the new twenly centavo was reduced to .800 fine. The twenty centavo has al- min should be in the $40.00 to $45.00 range.
ways been a very popular coin in Mexico and has always seen wide circulation. In the
author's opinion this particular type along with the type one five centavo is the most
TWENTY CENTAVO TYPE SEVEN ]971-1974
underrated series in brilliant uncirculated condition of the 20th century coinage of Mexico.
One of the main reasons this coin is difficult to locate is that they were mdted in In 1971 a third type of eagle was placed on the bronze twenty cenlavo. This was
tremendous quantities over the years every time the price of silver shot upwards. The 1908 the new, stylized eagle and like the 1955 situation, both the new eagle and the stylized
twenty centavo is vir!u~l!y impossible to locate in brilliant uncirculated, and to my know- eagle were circulated simultaneously.
ledge only seven briiliant uncirculated specimens have been on the market in the past ten
years. TWENTY CENTAVO TYPE EIGHT 11'74-PRESENT
In 1974 due to Iremendously high copper prices and speculation, the bronze twenty
TWENTY CENTAVO TYPE TWO 1919- centavo was discontinued by Mexico and a new copper nickel coin took its place. During
1974 tremendous quantities of both circulated and uncirculated bronze twenty cenlavos
As with the ten centavos type two dated 1919, the twenty centavo was also reduced
were purchased by investors and hoarders for their copper content.
in size and weight in 1919 because of rising silver prices.
At this time it looks as if neither the 1974 bronze nor the copper nickel twenty
This coin has always been a very popular type with collectors; however, I personally cent<lvo will become scarce because I personally know of over fifty bags of each type of
feel Ihat it is an over-priced coin today in Ihe grades of good through very fine. Choice
coin in brilliant uncirculated that have been hoarded.
brilliant uncirculaled specimens are SCarCe and although I have handled quite a few of these
brilliant uncirculated coins, demand is strong for them and I expect prices to continue
to rise. TWENTY-FIVE CENTAVO TYPE ONE ]950·1953
In 1950 after more than half a century the Mexican government started the striking
TWENTY CENTAVO TYPE THREE 1920 and 1935 of twenty-five centavos once again. These new twenty-five centavos had been reduced in
silver content to .300 fine and had a balance scale type of design.
As with the type three Mexican bronze ten centavo, a companion bronze monogram
As had all Mexican twenty-five centavos, they also proved to be very unpopular and
twenty cenlavo was struck in 1920 and 1935. In both of these years the rising price of
confusing to Ihe Mexican populace. The Mexican ~ople had always preferred the twenty
silvl'r forced Ihe discontinuation of Ihe silvl'r twenly centavo production and a switchover
centavo over the Mexican twenty-five centavo.
to this bronze type.
After a four year period this coin was abandoned because of its un-desirability. At
The 1920 twenty centavo is scarce above Ihe grade of very fine; while on the other
present quantities of this coin are still available in brilliant uncirculated.
hand. with the exception of choice brilliant uncirculated specimens, the 1935 twenty centavo
is relatively common below the grade of almost uncirculated.
TWENTY-FIVE CENTAVO TYPE TWO 1964 and 1966
TWENTY CENTAVQ TYPE FOUn .1920-1943 In 1964 the Mexican government once again started producing twenty-five centavos.
This new type depicted Francisco Madero On ils obverse, and the silver had been com-
As with the silver ten cl'ntavo of this same basic time period, this new type of pletely dropped as it was produced in copper nickel.
twenty cl'ntavo was lowered in weight and composition From its early types because of This coin along with all the other twenty-five centavos of the past proved to be
high silver prices. As with most twenty centavos struck in silver, these coins werc popular totally unacceptable to the Mexican people and was quickly scrapped after a two year
and had some success. run in 1964 ,lIld 1966,
in the latll'r part of 1935 and e<lrly 1936 a bronze twenty centaVQ was minted be- It is an interesting side note that the 1966 twenty-five centavo has been the most
causl' of advancing silver prices and the small twenty centavo was discontinued until 1937 speculated and promoted issue of Mexico in this century.
when production was resumed until 1943. This twenty centavo type is becoming scarce in Due to mistaken mint production figures (Hl,OOO) being released, many people start-
brilliant uncirculated - particularly in the years between 1920 and 1930. ing buying this supposedly "new rarity" which in turn caused the coin to bring prices in
the neighborhood of $40:00 to $50,00. As more and more of these coins became available,
the prices started to drop dramatically because these new pieces could not be absorbed.
TWENTY CENTAVO TYPE FIVE 1943-1955
This coin finally bottomed out at about $1,00 when the adual mintage figures became
The year 1943 saw the final silver twenty centavo being produced in Mexico and the known (180,000) and Mexican collectors and investors saw that quantities were available.
emergence of a completely new type of bronze twenly cenlavo. By this time Mexico could
economically no longer produce its minor coinage in silver. fiFTY CENTAVO TYPE ONE 1905-1918
This new twenty centavo proved to be a very beautiful coin as it portrayed in detail
the pyramid of Teotihuacan sd bdween the volcanos of Popocatepetl and Ixtaccehua.tl. The new fifty centavo of Mexico's monetary reform followed in the steps of the
other silver coins of 1905 by being reduced in silver content to .800 fine. The type one,
Their beauty waS outdone only by their popularity among the populace, These coins cir-
cap and ray, fifty centavo for many years was considered a silver bullion piece and tre-
culated widely with the result that even high mintage years of this issue are becoming hard
mendous quantities have been melted over the years,
to locate in brilliant uncirculated.
14 15
Brilllant uncirculated common date specimens are still available, however I feel that circulated in the near future with the possible exception of the 1955 which I believe has
they are an underpriced item these days and will in the near future rlse i" price substantially. reached a current peak of between $20.00 and $25.00 as there are enough pieces of the
1955 to fill available needs in brilliant uncirculated.
FIFTY CENTAVO TYPE TWO 1918 and 1919
As with the 1919 ten and twenty centavo, the 1918 and 1919 fifty centavo was re- FIfTY CENTA VO TYPE SEVEN 1964 - Prestnt
duced il'l si.l:e and weight (12.5 grams venus 9.06 grams) because of rapidly rising silver In 1964 a new type of fifty centavo was issued basically similar in design to the
prices. however the fil'lel'less (.800) was retail'led.
The desigl'l of this coin was the same as the type one fifty centavo. The 1918 fifty
I previous type, however the coin had numerous changes in its physical properties. The coil'l
was converted from bronze to copper nickel and was reduced il'l both siu and weight for an
centava has bKome very difficult to locate in brilliant uncirculated grade in the past few easier exchange capability.
yeus and the 1919 is bKoming incrusingly difficult to locate. The design wu change-d slightly in 1971 when Mexico converte-d all of ils coinage
J feel that both have exceJlent potential in the near future for both date and type from the hook neck style eagle to the stylized form of eagle.
colIKtors if you can locate them. Because of the large mintages of all of these COiM. with the exception of the 1966.
they are all very common. today and cin:ulate freely in Mexico. The 1966 with a mintage
fiFTY CENTAVO TYPE THREE 1919-1935 of 1.7 million could advance in price in the next few years. however there is little demand
With continued prt'Ssure from rising silver prices the Mexican government reduced for it.
silver content to 12% on the type three fifty centavo. The inscription "0.120" was added to
the coin above the facing eagle. ONE PESO '<rYPE ONE 1910-1914
All of these coins saw wide circulation and whenever silver prices rose large quantities In 1910 in commemoration of its centennial of the beginning of the War of Inde-
were melted with the result that the 1919. 1920. 1921, and 1925 coins are particularly diffi- pendence from Spain, the Mexico City mint started production of the famous "Caballito"
cult to locate in high grades as they were the first four yean struck of this new type and or "Horse" one peso silver piece. This coin was designed by Charles Pillet. a french de-
were never retained or pulled out of circulation with the result that most of these coins signer, starting with a pattern struck in 1907 for a fifty centavo piece and 1908 and 1909
are low grade. with the pattern caballito struck in the one peso denomination.
All other years of this type are not difficult to locate in uncirculated, with the ex- The Horse Peso has long been considered one of the most popular and beautiful
ception of the key date of 1938, In reference to the 1938, there seems to be a lack of demand coins struck by Mexico and today is one of the most widely collected series of coins in the
for this scarce coin below the grade of almost uncirculated, however the demand seems to world. This crown size coin was the only modern silver coin of Mexico struck after 1909
be on the increase.
with a silver composition of .9027 fine.
In recent years numerous varieties have been reported in this series. In my opinion
FIFTY CENTAVO TYPE FOUR 1935 in terms of rarity, the 1914 and 1911 short ray peso are equally rare above the grade of
BKause of the large rise in the price of silver during this period, Mexico was forced extra fine and one will notice the tremendous price increase on the 1911 short ray in this
once again to make an economical move on the part of its coinage. The fifty centavo type catalog in the higher grades. This lar~e price increase is d~e to the simple fact that this
four 1935 was reduced from .120 fine to .420 fine silver. however the coin retained the same coin in uncirculate-d is rare and has been greatly underrated In past years.
design as that of the type Ihret' with the exception that .0120 was removed from above Ihe The Horse pesos of 1910 are usually found in a nat struck state and coins that are
facing eagle. fully struck should bring a premium. The 1911 and 1912 horse pesos normally came fairly
A tremendous quantity of these coins were struck (70,000,000) with the help of the well struck with the 1911 frequently appearing in prooflike condition, however, any of
San francisco, Denver, and Philadelphia mints. these coins found in prooflike command premium prices.
The type four was demoneti.l:ed after circulating for approximately fifteen months as The 1913 COIballito normally is found with an average strike, however I have set'n
the Mexican government dKide-d to convert back to the .720 fifty centavo. many of these coins both weakly struck and to the other extreme in a full strike prooflike.
The coin is common in both circulated and uncirculated grades, ho_ver it is a very A variety of the 1913 is the overdate 13 over 2 and at this time a premium of approximately
popular coin because it is a one year type coin. 20,*" has been placed on these overdates by various Mexican coin dealen.
1 The 1914 like the 1911 short ray is a very difficult coin to locate above the grade of
FIFTY CENTAVO TYPE FIVE 1950--1951 almost unciKulated and like the 1911 shorl ray and the 1912 horse peso. they are in great
demand. The 1914 caballito is also one of the most frequently counterfeited coins of Mexico
The type five fifty centavo was further re-duced in its weight, diameter, and com- and caution is advised when purchasing.
position because of the severe peso devaluation of 1949. This series for the future will continue to show a steady growth in both popularity
This coin has a portrait of Chief Cuauhtemoc and proved to be the last silver fifty and price because of its ever increasing followen, Because of a large increase on this coin
centavo struck by Mexico City. Although this coin is common. I believe in Brilliant uncir- I would advise one to look carefully at the shortened ray of 1911 (Lowest left ray) for any
culated condition, it holds some promise for the future investor/collector because it is a signs of altering from the normal 1911 long ray.
relatively low mintage, popular coin and is inexpensive.
ONE PESO TYPE TWO 1918-1919
FIFTY CENTAVO TYPE SIX 1955-1959
As with the ten. twenty, and fifty centavo pieces of this period, the one peso was
After a further peso devaluation in 1955 the Mexican government abandoned the reduced in size, fineness, and weight because of the rising silver market of 1919. Evidently
silver fifty centavo and converted it to the first bronze fifty centavo portraying Chief this coin saw wide circlllation and was melted down during high silver price eras.
Cuauhtemoc, using a design similar to that used in the 1947-1948 five peso Cuauhtemoc.AII Both the 1918 and 19L9 one pesos are considered one of the rarest coins in brilliant
four dates of the new bronze fifty centavo saw wide circulation and as of late brilliant uncirculated of the entire Mf!Xican coin series. In 1968 a small quantity of brilliant uncir-
uncirculated specimens are seemingly scarce. although at various times big quantities have culated spe<imens were uncovered by Mr. Emil Spran.l: of Alamo. Texas and sold at the
been made available. Long Beach Coin Exposition. There were approximately twenty brilliant uncirculated 1919
I personally feel this coin will move upward substantially in price in brilliant un- one pesos and six 1918 brilliant uncirculated one pesos. All of these specimens were
16 17
striclly uncirculaled, and were complelely taken off the market wilhin a few days of their This coin is still common in bolh brilliant uncirculated and circulated grades, but
appearance. the uncirculated specimens arc being retained while circulated specimens have been going
Probably Ihe main reason that the 1918 and 1919 coins are considered so rare is to Ihe smelters.
Ihe number of people looking for Ihe~e two coins in brilliant undrculated. I am sure almost
every other Mexican coin dealer is of the same experience whereby as soon as one does ap.
pear it is quickly sold and in many cast's the coin is not even heard about. A gem 1918 peso ONE PESO TYPE SIX 19.57
was traded recenlly in the 5600.00 range and I would not be surprised to st'e this coin at· 1957 marked the centennial of Ihe Mexican Constitution of 1857. tn comm"moration
tain 51,000.00 or more ;n Ihe near future. of this event the Mexican government minted a series of gold and silv"r coins ranging
The 1919 one peso is considerably more common Ihan the 1918, however it is still from the one peso constitution piece to Ihe fifty prso gold constitution portraying Benito
a very scarce coin. I have handled four specimens in Ihe p",st two years and demand seems Jaurez who was instrumental in the adoption of the constitution of 1857,
to be rising quite rapidly for BU specimens with not nearly enough to supply the current · All of Ihe co~stitution piKes were low mintageJ. The one peso had the highest
demand f",clor. Circulatt'd specimens are common up to the grade of very fine, extremely mmtage of 500,000 pIKes and was struck in .100 fine silvt'f (~ further silver reduclion in the
fine and almost uncirculated specimt'ns Ut' becoming increasingly difficult 10 localt' becaust' one peso silver.) Thest' coins received wide circulalion ovt'f the years ilnd although It did
of a large demand factor as peaplt' become weary of looking for BU specimens and settle havt' the highest mintage of the three silver commerative issue (one, five, ten pesos), it is, in
for a nice XF for A.V. my opinion, the scarcest piece of the thr~ 10 locale in strict brilliant uncirculaled. The
reason for this is that th~ five and ten peso constilution wt're saved and hoarded more than
ONE PESO TYPE THREE 19ZG-U4.5 the seemingly common one peso because of their crown size, high silver cont"nt, and low
mintages.
In 1920 a further reduction in the silvt'r conlenl of the popular cap ancL-ray peso was
necC$sary due 10 continued prict' increases of silver. like tht' fifty cenlavo of the same The five and ten peso constitution are much "asier to find in brilliant Ilncirculated
period the inscription "0.720" was added above Ihe facing eagle to difft'rentiate from the condition than the one peso constitution. Recenlly, the one peso has been recognized by
earlit'r cap and ray pesos. dealers and coltectors to be mort' scarce than the five peso and tht'refore it is commanding
Because these coins saw wide circulation over a span of many years, the earlier dates higher prices.
from 1920·1927 are difficult 10 obtain in brilliant uncirclllated with the 1920 and 1921 Circulated specimens of this coin are very unattractive due to a brownish-yellowish
starling to become recognized rarities in brilliant uncirculated. In circulated grades these tint they obtain from their high copper nickel base a,nd are very difficull to sell. Mosl
coins are 0111 very common and as of late are being purchased for Iheir silver content for dealers have been buying these recently for their silver content alone.
investment or the melting pol. I firmly believe that this entire series in brilliant Ilncirculated
is underrated and expect further price incrNses in the near fulure. ONE PESO TYPE SEVEN 19.57·1967
In 1957 a new standard one peso coin was also struck. This coin too, contained a
ONE PESO TYPE FOUR 1947·1949 1.0% silver bast' and had a restyled bust of Morelos with th" same eagle design and inscrip.
In 1947 a new peso was issued by the Mexico City Mini. The dt'sign was that of tlon of the 1957 one peso constitution. The coin remained in circulation for len years
Jose Morelos with the Mexican hook neck eagle on Ihe obverse. Silver prices had continued before it was relired because of silver prices once again.
to take Iheir toll on Mexico coinage so that this coin along wilh so many others was re- Allhough these coins are common in uncirculaled and circulated, the brillianl uncir.
duced in size, weight, and silver fineness. The silver content was lower"d to .800 fine, culaled specimens are bringing nice premiums and are in demand as an inexpensive st't to
howt'ver by 1949 the Morelos peso contained more silver in the coin Ihan tht' actual face put together. Circulated specimens at Ihis time are bringing approximat"ly double face value
value of the coin. because of their silver conlent. I know of many dralers at present that are trying 10 purchase
Four million 1949 pesos were struck, however due 10 the peso devaluation and the large quantiti"s of these coins in uncirculated for investment specials and I beli"ve Iheir
price of silver, they were ordered melted at the Denver and Mexico City Mint before Ihey current price of between $.60 to $1.00 is an attractive buy.
were officially r"leaS'!'d. Somehow an unknown quantity estimated at between one hundred · T~e 1957 is probably the S<.lrcest piece 10 locat", however quantitiC$ of them ar~
~nd two hundred pieces slipped out of the mint before they could be melted. Overnight this shll avadablt' at about 51.50 to 52.00 per coin. Occuionally these piKC$ are still found in
coin became a rarity.
The coin has shown steady price incrras"s yearly and at the present lime is command·
[ circulation in Mexico, however they are quickly tak~n out and sold for their silver content.
· Th~ Iype sev.en one peso proved to be the final Mexican one peso to contain any
ing in th" n~ighborhood of $800.00 to $1,000.00. The 1949 Mortlos peso is also famous for SIlver as m 1970 With th~ advent of the new Morelos one peso, production was converted
being the most highly counlerfeited coin of modern Mexico. This past yt'ar alone I hav" to a copper nickel coin.
seen over sixty counterfeits compared 10 approximately five g"nuine spedmens. The most
common method of counterf"iting is th" alt"ring of the date, however I have also set'n ONE PESO TYPE EIGHT 1970 To Date
cast count"rfeits of this coin. .In 1970 a new o.ne peso was introduced with Ihe new stylized eagle and a different
All genuine specimens I have seen have a slight notch or crease in the second nine portrall of Morelos. ThiS was Modern Mexico's first on" peso coin nol to contain any silver
of the date which is visibl" with the aid of a len power glass. Beware of any cleaned whatsoever.
specimens of Ihis coin as normally it is found in ils original mini state. Cleaning serves the This new pt'so was struck in copper nickel and at this writing are all common and
purpose of helping to hide any cas ling pits or alteralion of Ihe coin. are still in circulation in Mexico.
The Morelos pesos dated 1947 and 1948 have finally b"come more Ihan a bullion
coin in brilliant uncirculated condition, however in circulated they are slill being melted for
TWO PESO 1921 WINGED VICTORY
Iheir silver content.
· ~onsidered one ~f M.exico's most ~eautiful coins is the commemorative two ~so
ONE PESO TYPE FIVE 1950 SIlver ple~e ~f 1921. Th.ls co:m was slruck m commemoration of the Mexican Independence
from Spam ~n 182L.T.hls com .was slruck in .900 fine silver and has always been extremely
In order to have a one peso coin after the devaluation of 1949, a new type was popular. Stnctly Bnlha~t unClrculated specimens are difficult to locate and piec"s being
minted, This coin also was reduced in its silver conlent and weight to .300 fine and 13.333 fully struck (coms showmg full feathers on the knob of the eagle's knee) command between
grams r"sprctiv"ly. The new 1950 peso portrayed a bust of Mor"los faCing left. 50 to 100% more than the catalog price. One should be careful of the facl that many
18 19
specimens have had feathers reengraved on the knob of the eagles knee to increase their ever, this coin is still easy to locate in brilliant uncirculated as over the years, several dif-
value, however it is easy to detect with the aid of a ten power magnifying glass. ferent hoards of brilliant uncirculated specimens have appeared on the market.
Circulated grades of this coin are common, however they do bring fairly high prices The 1954 Hidalgo five peso is a popular semi-key coin and there seems to be a con-
in relation to their actual rarity due to their great popularity around the world. I believe tinuous demand for them. I expect prices on these coins to advance rather moderately for
prices for circulated grades will remain stable for the next few years, however, coins above the next few years. The five peso Hidalgo Wreath in gem brilliant uncirculated is becoming
the grade of extremely fine are still rising as of this writing and are becoming troublesome slightly difficult to locate because of the large quantities that have been melted, the wide
to find, circulation this coin saw, and most specimens having heavy bag marks.
FIVE PESO TYPE ONE 1947-1948 CUAUHTEMOC FIVE PESO TYPE FIVE 1955-1957 HJOAlCO CHICO
In 1947 Mexico struck its first five peso silver coinage. The Cuauhtemoc five peso Due to the peso devaluation of 1955 Mexico reduced ils five peso silver coins in
would prove 10 be one of the most popular crowns of the world in the coming years because both their size and weight. The five peso Hidalgo "Chico" as it was commonly called re-
of its beautiful design (portrait of Chief Cuauhtemoc in war headress) and its high silver tained its silver finess of .720.
content and weight (.900 silver and 30 gr,lmS). The severe peso devaluation which had such This coin received wide circulation and brilliant uncirculated specimens have always
an effect on Mexico's coinage also touched the Cuauhtemoc. Because of the devaluation in commanded a premium over their silver content. The design was changed in that the wreath
1949, minting of Ihl'se coins came to a hall and the Mexican government started withdraw- was removed from around the portrait of Hidalgo and an inscription was added. As with
ing them from circulation, however many hundreds of thousands if not millions of these the Hidalgo Wreath, tremendous quantities of these coins have been melted in the past few
coins were saved and. hoarded because of their extremely high silver value and used as a years for their silver content.
hedging device. Over the years literally tons of these coins have been melted, but lately
the numismatic value has with the exception of circulated specimens slowed the amount
being melted as investors and collectors have been paying as much as $1.50 to $2.00 over FIVE PESO TYPE SIX 1957 CONSTITUTION
silver content for nice Brilliant uncirculated specimens.
large quantities have not been a deterent as there has been a strong demand for this This was the second denomination of the series commemorating the centennial of
excellent form of hard money. At present the 1947 is commanding about a 10% premium the Mexican Constitution (1857). This coin along with the other two silver coins (the one
over the 1948 and when we have examined bags of these, we find approximately a ten and ten peso constitution) featured Benito Juarez as part of its design.
to one ratio of 1946 dates versus 1947. The five peso constitution was struck in .120 fine silver and was not circulated
nearly as much as the one peso constitution with the result that brilliant uncirculated
FIVE PESO TYPE TWO 1950 RAILROAD specimens are easily located. As with all the constitution commemoratives this coin had a
Iow mintage of 200,000 pieces and has always been a very popular piece.
In 1950 the Mexican government struck a five peso silver piece to commemorate the Due to its Iow mintages and popularity, one can expect moderate price increases
completion of the southeast railroad from Mexico City to the capital of the state of Yuca- yearly and I feel it is an excellent investment because of its history and statistics.
tan-Merida. The Ferrocarril (railroad) five peso was designed by Manuel L. Negrete and
depicted a locomotive amidst a jungle setting
A few years ago this coin was judged one of the worlds ten most beautiful modern FIVE PESO TYPE SEVEN 1959 CARRANZA
coins. The commemorative five peso over the years has shown a steady growth rate. Be- In 1959 Mexico issued a five peso .720 fine silver coin commemorating the centennial
cause of its low mintage (200,000) and popularity, it has always been a coin in great demand of the birth of Mexican President Venustiano Carranza. This coin had the same physical
by both collectors and investors. properties as the five peso Hidalgo Chico, however the design featured a portrait of Car-
ranza and on the obverse the date noting the year 1959.
FIVE PESO TYPE THREE 1953 ANO DE HIDAlGO This particular five peso saw wide circulation to the point that brilliant uncirculated
specimens in quantity are ralher difficult to locate. The Carranza five peso piece along
In 1953 a five peso silver coin was struck commemorating the bicentennial of the with most other late date silver coin in circulated grades are being melted for their silver
birth of Miguel Hidalgo Y Costil1a. This commemorative coin features a portrait of Hidalgo content.
with the Cathedral of Dolorcs in the background. This coin was struck in .720 fine silver
and unlike many other. 720 silvcr coim, large quantities have not been melted due to their
popularity not only among collectors, but also the Mexican people in general. TEN PESO TYPE ONE 1955-1956 HJOAlGO GRANDE
Quantities of this coin exist in both brilliant uncirculated and circulated, and at the In 1955 Mexico produced its first regular issue ten peso silver piece. The design is
present time are commanding prices of app.oximately double their silver weight in brilliant similar to that of the five peso chico piece and was struck in .900 fine silvCT. These coins
uncirculated and 20% OVer silver content in circulated grades. circulated widely and for the past eight years have been melted in large quantities because
of their silver content. Evidently, between the number Ihat were circulated and those melted,
FIVE PESO TYPE FOUR 1951-1954 HJOAlGO WREATH brilliant uncirculated specimens are becoming difficult to obtain in quantity and dealers are
noting a strong demand for these coins in this grade.
After the peso devaluation of 1949, Mexico was forced to produce a new standard The 1955 is the scarcest of the Iwo issues and is commanding at this time about $.75
five peso coin to replace the .900 fine silver Cuauhtemoc. A new regular issue began in cents more per coin in brilliant uncirculated than the 1956.
1951 with the introduction of the five peso Hidalgo Wreath.
The new five peso had a profile portrait of Hidalgo with the hook neck eagle that
became part of the standard design of Mexico's coins of this era, The five peso Hidalgo TEN PESO TYPE TWO 1957 CONSTITUTION
Wreath with the exception of the scarce 1954, probably is melted for its silver more than This was the third and final silver coin commemorating the centennial of Mexico's
any other silver coin of Mexico at present. constitution. The ten peso constitution was the lowest mintage of the three commemorative
In 1954 the Mexican government realized that another possible devaluation was silver coins with a mintage of 100,000.
coming and that because of high silver prices production would have to be halted on the This coin, like the five peso railroad, h.1S always enjoyed popularity among collectors
five peso wreath. This accounts for the low mintage of only 30,000 pieces, in 1954. How- and investors alike, and has shown a very respeclable growth rate in the past ten years. JI
20 21
I
will continue this pattern as it is a must for all type collectors and is now becoming in variety two and three are distinguished by two other methods. The snake's tongue on variety
demand in other foreign cO\mtries as an investment coin. two is completely straight and is easily visible with the naked eye, where as on variety
These coins are normally found in uncirculated or almost uncirculated condition and three the snake's tongue has an obvious curve to it. Another method of distinguishing
normally are not difficult to locate. variety two from three is the fact on the olympic rings on variety two, the five rings are
interlocking and closed, whereas on variety three there is a noticeable gap between the rings,
In the price gllide section of this volume, enlarged photography hopefully illustrates
TEN PESO TYPE THREE 1960 MADERO-HIDALGO
the different varieties for the reader. Because of the tremendous rise in silver prices be-
In 1960 Mexico minted its firs! double commemorative coin. This coin was in com- tween 1972 and 1974, the olympic coin has risen to the point that il is profitable to melt
memoration of both Mexico's Revolution of 1910 and Mexico's fight for Independence from them for their silver content, however, only circulated specimens seem 10 be going to the
Spain in 1810. A dual portrait of Hidalgo and Madero is depicted on the coin. As with most melting pot at this time.
other large silver coins of this era, they were plentiful in the 1960'5, however recently these In early 1974 the japanese took a liking to this coin and tremendous quantities of
coins in brilliant uncirculated have been disappearing from the market ,1t such a rapid all three varieties were sold to Japan dealers. This tremendous demand factor caused prices
rate that quantities of brilliant uncirculated specimens are becoming difficult to locate. on varieties two and three to double in price and brilliant uncirculated specimens of variety
Circulated specimens of this dual commemorative have been melted over a number of one in any type of quantity became difficult 10 locate compared to previous years. At this
years because of their high intrinsic value, however huge quantities of circulated specimens time prices are remaining stable on all three varieties and although Japanese dem;:nd has
w<'re seldom av,li!abl,~ 3, this coin did not circulate widely because of its popularity, in- slackened, demand from other areas is keeping this market active.
vestment potential, and almost immediate premiums over face value it commanded in bril-
liant uncirculated after release. TWENTY-FIVE PESO TYPE TWO 1972 JUAREZ
In 1972. a twenty-five peso .72.0 fine silver memorial coin was struck marking the
TEN PESO- HIDALGO
centennial of Benito Juare>.:' death in 1872. This coin has in recent months been melted for
Type Four its silver content.
Composition: Copper and Nickel Unlike the twenty-five peso olympic there have been no major varieties di.covered
Edge: Seven Sided On this coin. Sharp, fully strnck, and non bag marked brilliant uncirculated specimens are
difficult to locate as these coins received a very poor striking in general, and by far the
A new seven sided ten peso copper nickel coin was announced by the Mexico Mint majority of these pieces show very heavy bag marks.
and according to various sources was scheduled for rdease in January of 1974. As of May
8, 1975 according to reliable sources both the t974 and 1975 ten peso have been struck,
however they have not been released and according to a .ource in Mexico City all of the UNA ONZA 1949
1974 ten pesos have been recalled. In 1949 the Mexican government came up with a brilliant threefold plan for a spedal
To say the leasl, a tremendous amount of speculative activity is occurring at present public relation and fund raising project in the form of minting a special coin. After the
On these coins and many people are trying to locate them. I know of one person within severe peso devaluation of 1949, Mexico was anxious to prove to the world that it was
recent weeks who offered $800.00 to purchase a 1974 ten peso. economically sound and was capable of producing high quality workmanship (in the hopes
A few of these coins have slipped out of the mint as I do know of three specimens. of enticing foreign orders). They wanted to raise money through the sale of excess amounts
Whether the Mexican government will withdraw or issue them time will tell. If they decide of silver, thus the Onza was born. The onza was comprised of exactly one troy ounce of
not to release them, of course, an instant rarity will be born, on the other hand, if they do sHver.
release these coins, only a few people will be out any money and the majority of these The obverse of the onza depicted one of the earliest coining presses known to man,
people I have spoken with who have paid $100.00 up for the 1974 ten peso understand they while the reverse design of this coin was that of a suspended balance scale with the weight
are taking a calculated risk. of the coin as part of the inscription. The Mexican government tried a massive distribution
Hopefully this coin will not turn out like the 1966 twenty-five centavo of Mexico plan selling the onza at $1.00 per coin (1,000,000 were minted). This plan worked moderately
and the effect it had on Mexican collectors.
I
GOLD COINAGE
THE QUESTION OF RESTRIKES
As part of the monetary reform of 1905, Mexico issued a five and ten peso gold
piece with the effigy of Hidalgo. (The first standard coinage of Mexico to bear a portrait Many questions have been raised in the past few yurs pertaining to the restriking
of a patriot.) The basic reasons for the mintage of gold coins at this time was to have of Mexican Gold coinage. Out of these questions there have come many rumors, miscon-
them circulate for their one peso silver pieceS and at the same time, back their currency with ceptions and half-truths concerning the MeKican government restriking policies. This has
gold and therefore create a stronger base for the Mexican peso on the world market. One had a somewhat detrimental effect on certain issues of the Mexican Gold coin series.
will notice that for many years Mexico's production of gold coinage was in widest circula- Through personal discrete inquiries and irrside information that has been made available
tion during ~riods of various silver crises. to me, hopefully through this writing, I will clear up many of the misconceptions that have
As an example in the tremendous inflationary cycle of 1917-19Z0, silver reacted by come out of the Mexican restrike issue.
reaching an all time high of 51.37 per ounce in the spel:ulative trading of the post World At the present time the only coins which the Mexican Mint are rKtriking are the
War One credit boom. MeKico's populace hoarded tremendous amounts of silver coins be- 1945 Two Peso Gold, 1945 zlh Peso Gold, 1955 Five Peso Cold, 1959 Ten Peso Gold, 1959
cause of distrust toward paper money. During this period Mexico struck a new two, two Twenty Peso Gold and the 1947 Fifty Peso Gold piece. No other gold coins are being re-
and one half, and twenty p60 gold coin 50 that the economy could carry one. struck, at present, other than the ones listed above. It is also interesting to note that due
After the speculative fever of this era ending in t9Z1, Mexico halted production of to time and facility limitations, the above mentioned. coins cannot all be rKlruck simul.
,d! its standard gold coinage lmd converted to the minting of the famous Centen,uio or as taneously. As an example, the Mexico City Mint may have to strike 1947 50 Peso Cold coins
commonly named the fifty peso gold piece. The government actually did not need to strike for three months and then convert their machinery to making Two Peso Gold coins if back
this coin for everyday transactions, but struck it mainly for the purpose of exchange in orders exist or if for some other reason they wish to restrike them. A prime example of
larger transactions and also to k~p the p60 on solid footing by k~ping it backed with this was during the month of January and February an extreme shortage of Mexico Two
gold. Peso Gold was in evidence, with an overabundance of Fifty Pesos on the gold market. Per-
centages over gold weight on Two Peso Gold started rising even in view of a sluggish gold
In 1931 production was halted on all standard gold coinage because of the worldwide
market. In the month of March, rKlrike production was evidently resum~ on the Mexican
depression. Production was resumed in 1943 of Mexico's fifty peso coinage and in the fol-
Two Peso, as quantities became available once again across the border.
lowing year the two and two and one hill! peso production was also added. Production was
stopped in 1947 on the fifty p60 and in 1948 on the two, i1nd two i1nd one half peso gold, The Mexico City Mint has in past years restruck the following coins on a extremely
however since 194.9 all of these Iilter date coins have been restruck (s~ section on re- limited basis.
strikes) in varying amounts.
1944. Two Peso
The 194.8 two peso has a listed mintage of 45,000, however there are no known 1944. Two and half Peso
genuine speocimens in existence. Evidently these coins were melted at the mint before they
could be released. In 1955 a five peso gold WilS struck and in 1959 ten and twenty peso gold 1943 Fifty Peso- approKimately 10,000 restruck
pie<es were coined. All three of these coinS have b~n restruck and are still being minted. 1944 Fifty Peso
today. 1945 Fifty Peso
1946 Fifty Peso
Contrary to many people's beliefs, none of the early date Mexican Gold has ever been
restruck. This includes all denominations of Mexican Cold (Z-50 Peso) dated before 1931.
According to a recent conversation I had with a mint official, all of the coin dies of the
early date series have been destroyed and he confirmed my beliefs referring to the non-
restrike policy on early date Mexican Cold.
In reference to the Commemorative Cold Medals of Mexico, the mint still has in its
possession the original dies to approximately 90% of the Commemorative Gold series dated
after about 1950. This fact was noted through personal observation by the Author and Mr.
Dick P,uker of Albuquerque, New Mexico while they were On a tour of The Mexico City
Mint facilities in March of 1974.
At this writing, an unusually large hoard of 1944 zlh Peso Gold pieces (approxi-
mately 700 coins) have appeared on the market. Due to the si'le of the hoards, the question
of a recent restriking must be taken into account. Present market value on these pieces
have dropped from approximately $65.00 per coin dQwn to 5Z5.00 per coin. One fact that
must be taken into consideration concerning the sudden appearance of this large number
of 1944 zlh Peso Gold pieces appearing on the market, is that the Mexico City Mint and
its officials have always been reserved in their actions of restriking already acknowledged
scarce and rare coinage of Mexico. After further investigation I have learned that this hoard of
1944 ZV2 peso gold coins were bought in 1944 by a family in Mexico and were put away
until recently.
This group of approximately 700 coins has been offered to me by three different
partie5 in different size lots, and after further research I have found that there are two
different groups of these coins for saie at the present time.
25
VARIETIES Twenty Centavos
1907: straight and curved 7
Varieties are the coil1s struck from one set of dies, whereby that the particular set is 1919, large and small mint mark (small mark is extremely small)
different from others of the same type and date of th",t series. Varieties can be broken down 1930, high 0 (would estimate that less than 4% of regular issue)
in two classes, major and minor. Major varieties are such that they are easily distinguishable 1930: normal O/high 0 (would estimate that less than *% of regular issue)
by some obvious difference in normal die characteristics, such as die breaks, overdates, po- 1930: tight three (3 touches 9)
sitioning of dates, lettering, stars, etc. Minor varieties <:an be those classed as aholle, but
which require meticulous inspection to find the variation. Fifty Cenlavos
1907: straight, curved, and low 7
Varieties halle always been an imporlant part of the Numismatic field and as with 1913: 3/2
almost every other type of coinage several thousand varieties exist in the Mexican o::oin 1913, 13/07
field. I have with the aid of Mr. frank So::hulman of Ballimore, Maryland (probably one of 1918, normal 8 and low 8
the most knowledgable individuals on the subjrcl of Modrrn Mexico Coin Yarieties today) 1959: I believe that the original 1959 tssue had a design on the brow and/or on~ of
listed selleu.l of the more important and nrwly discovered type of varieties. At this lime a the dies did and when this was discovered it was polished to remov~ the drsign
complete lisling of o::oin lIarielies would be highly improbable to assemble hecausr, for thr and make it conform with the regular issue. The possibility of very poor striking
mo~t part, no onr hu an Idea of just how many do exisl. Therefore it would be unjusl to seems unlikely considering the slrength across Ihe coin. This could be a signifi-
guess at prices for these o::oins. Hopefully within the nexl couple of years, further informa- cant lIariety compared to s"y th~ type 1, 2, and 3, 25 pesos.
tion will be allailable 10 assign relalive rarity to Ihese coins.
On~ Peso
One Cent<llvo 1910, low 0, high 2nd 1
1913, thick and thin dates (especially the 13)
1906: narrow and wide dates
1913/2: four dislino::liv~ overdate varieties
1924: 4 over 3 1914: I have seen t.....o good 1914'5 that look lik~ ollerdates (1912 or 1913)
Two (enlavos but are so w~ak that I CoIn't decide one w"y or the other!
1920: 2 over 1
1906: narrow <lInd wide datrs 1933, double puno::hed 1 (thai's what I nil a spread)
1906: 6 Oiler inverted 6
1926: large six over small six Five Peso
1951, tonguel~ss snake (probably <lI die fill but the photography shows how imprrssive
five Cenlavos the variely is and it could bto compared to the 1922 plain, who knows how muo::h
1906: narrow and wide dates allention it will get)
1906: 6 over 5
1911: narrow and wide datrs Twenty-five Peso
1912: large and small mint mark Olympic T-l normal rings
1926: small date and large date T-2 low rings and rings are dosed (tongue straight)
1929: large 29 over small 29 T-3 low rings and rings are gapped (tongue curlled)
Can also distingUish 2 and 9 by fao::t that the smaller 9 has a flat lower bottom
on loop 9.
RIM ROTAnON
1930, normal 0 and square 0
J934: large 4 oiler small four On the 50 centallos, peso, 5 peso, 10 peso, 25 peso some halle edge legends, for a
1954: with and without dot behind head given series, if you check the edges you will see that th~y can re"d left to right or
1970: with and without dot at 2 o'dock right to left, thus, holding the coin between your fingers with eagle side away from your
1973, flat and round top .3 eye you will be "ble to differentiate these 1I1lrieties. In some cases the amount of rota-
tion is quite remarkable.
Ten Centavos
1907: 7 oiler 6
straight 7 and curved 7
1910: second I Oiler 0 type a- normal nine
type b- low nine
1911: near and far dates
1925: multiple types of ovudates, presumably the 1925 was originally rccut
from the 1919 for a 1923 which was never issued which in turn
gave the type a- 1925/3
type b- 1925/13
type 0::- 1925/9
type d- 1925/19
type e- 1925/2 over I
1930: high 0
1930: high 0 and normal 0
26 27
j
.- ........
2 CENTAVO - 1906 2 - CENTAVO • 1926 10 - CENTAVO • 1930
6 - INV£RTID 6 1926 OVER 26 HIGH O/NORMAl 0
20 CENTAVQ - 1930
HIGH 0
5 CENTAVO· 1906
1906/5
I
-
50 CENTAVO • 1913
1913/12
28 29
HOARD INFORMATION
The following 5eclion of thi5 volume concem5 cerlain coinage of Mexico (both com-
mon and scarce) of which quantities or hoards have been uncovered. This section will deal
mainly with issues where quantities have been discovered that are normally not available.
in many cases, because of the amount of coin5 uncovered it has had a detriment/ll effect on
the price of the coin either temporarily or permanently.
Some of the coins released in these hoards were tal-en off the market very quickly
because of a tremendous demand, however, in the majority of the C/lses a few of the hoard
coins are still on the market after several years. This section primarily deals with earlier
dated coins where hoards were uncovered (both 5mall and large), as quantities of recently
dated issues are uncovered on a fairly regular basis.
ONE CENTAVOS
Type One - 1915
Approximately fifty B. U. coins uncovered in Mexico in lhl.' fall of 1974. Asking price by
dealers in Mexico for this coin is $55.00 and there are approximately twenty coins still
available.
JS - price in Mexico on approximately fifteen remaining coins is $60.00 each (these are the
worst coins of the hoard).
- Hoard of approKimately fifty coins uncovered in Mel<ico in the fall of 197..1. This is the
same houd that the 1915 One Centavo and 1914 Five Cenlavo came from. Current asking
price in Mexico on apprOl<iIThltely fifteen remaining coins is $45.00. As with the 1914 Five
Centavos these remaining coins are a.u" but ha'·e carbon spots, finger prints, etc.
Type Two - 19]5
ONE PESO • 19]] Quantities uncovered approximately ten years ago and specimens of this hoard arc stiJI
5 PESO WREATH _ 1951 offered by most Mexican dealers. Most of this hoard has been absorbed and prices are
DOUBLE PUNCHED 1 TONGUELESS SNAKE starting to rise on these coms.
1
Type Six - 1\154 with and w/o dot THE FUTURE OF MEXICAN NUMISMATICS
In 1965 I personally purchued from a Sgt. Gillespe of MeA lien, Texas an entirl': hoard of
fifty coins nch of with and without dot 1954 Fivl': Centavos in B. U. at 52.00 per coin. Throughout this catalog one will notke that I rder heavily to the grade of brilliant
This entire hoard was liquidated by mysdf within a maller of two w~ks to various col- uncirculatl':d. In the past two ynrs a tremendous amount of people interested in Mexican
lectors and investors. The few B. U. spedmens which occasionally are offered on the numismatics have become quality conscious and are allempling to locate uncirculated and
market are in all probability part of this original hoard of one hundrl':d coins. This coin brillianl uncirculated spe<imens. Not only arl': these people attempting to put together
today is still extreml':ly difficult to locate in B. U. brilliant uncirculated type sets of Mexico, but al50 many are allempting to put togethe.
complete date sels of every coin of modern Mexico in brilliant uncirculated. Among my
clientele alone I have six indiViduals attempting this feat.
TEN CENTAVOS
When one considers that I have an evaluation of $2000.00 on a brilliant uncirculated
Type One - 1914 1922 two centavo in this catalog, they should take into consideration that to my knowledge
Within the past yur about ten rolls of B. U. 1914 Ten Cenlavos have been uncovered in there are only three known specimens. How many other coins of the world can you name
both the United States and Mexico. Price has not been effected very much, however small of a Widely collected country with this type rarity that sell at only $2ooo.oo?! Very few
quantities can be had from various Mexican Coin dealers. indeed.
Type Five - 1946 There are many coins in this catalog which list at between $50.00 and $500.00 in
brilliant undrculated where there exists an extremely limited number of spe<iml':ns each in
Quantities uncovered approximately ten ynrs ago and specimens of this h~rd are still brilliant uncirculated, therefore I have to come to the conclusion that taking into considera-
offued by most Mexican dnleTS. Most of this hoard have b~n ab50rbed and prices are tion the record number of people upgrading to brilliant uncirculated spe<imens and other
starting to ri~ on these coins. individuals starting outright investing and collecting in uncirculated, that in the coming
months and years a tremendous dl':mand will be placed on any quality coins of Mexico
which in turn will drive prices upward very rapidly to new record heights.
TWENTY CENTAVOS
Type Four - 1930 I At the recent Mexico City coin convention in March of 1975, many record prices
were set in the auction. The bidding was fast and furious with many people trying to
Hoard of apprOXimately 60 B. U. coins were offered for sale at the Mexico City Coin Con-
buy principally the excessively rare or high grade material. I think it was just the beginning
vention in March of 1975. This hoard was purchased in its entirety by two investors from
of a coming thing.
the United States.
In the following chart I have listed, in my opinion by groups, the rarest coins of
Type Four - 1928 modern Mexico in the grade of strict uncirculated. Group one contains the hardest to locate
Hoard of approximately 60 B. U. coins were offered for sale at the Mexico City Coin Con- or rarest piKes, group two basically the second hardest coins to find, and coins which I
vention in March of 1975. This hoard was purchased in its entirely by two invl':stors from f~1 are underrated as far as their true rarity goes in brilliant uncirculated.
the United States. In Group one I have listl':d in parentheses the approximate number of pieces known
in brilliant uncirculatl':d. These figures were obtained from auction records and personal
FIVE PESO HIOALGO records for the p..st fifteen years along with consultation with various collectors and
dealers. Some of these coins are extremely common in circulatl':d condition, however because
Type Four - 1954
of varying circumstances could be virtually unknown in brilliant uncirculated.
Although this is not a hoard coin, quantities of this scarce Five Peso frequently appear on In Group two I have not listed approximate numbers known as these picces are still
the market. This year alone, Ollr firm has been offered two lots of fifty and sixty·two B. U.
to be found occasionally. but are becoming ever increasingly difficult 10 locate.
coim resp&tively at $50.00 per coin. EVidently quantitiu of these coins were saved after
their low mintage was announced by the mint. Demand is heavy on this coin and they
are frequently promoted by dealers. This coin has shown, in past years, a more or less GROUP ONE - BRilLIANT UNCIRCULATED SPECIMENS - QUANTITY KNOWN
steady growth.
One Cent.tvo Tm Centavo
Type Threl': 1916 (20) Type Three 1919 (25)
TWO PESO GOLD - 19014
Type Thr« (B)
Set." Gold Restrike 5«tion. Two (e..tavo
Type Three "'"
1921 (20)
32 33
I
I
GROUP TWO - SCARCE INDIVIDUAL BRILLIANT UNClRCULATED COINAGE COUNTERFEITS
OF MODERN MEXICO
The purpose of this section is to help the average Numismatist in the Detection of
0" Centavo Twenty Centavo counterfeit coins. I have listed in this sechon the most frequently counterfeited coins of
modern Mexico. One will notice that the method used most often was the process of alter-
Type Three 1922 Type One 1905
ing the date of a common date coin into that of a rare date coin of the same type. This b
Type Three 1924-3 Type One 1910 fortunate, in the respect that under normal circumstances an altered date coin is much
Type One 1911 easier to detect than a cast or struck counterfeit.
Tw, Centavo
Type One 1912 When there is a question raised in reference to the authenticity of a coin. it is best
Type Three 1920 to have a basic knowledge what to look for in the first place and secondly know how to
Type Four 1920
Type Three 1921 find it. On coins, whose dates are frequently counterfeited it is always best to have handy
Type Four 1921 a strong light and a good magnifying glass. When dealing with altered date coins, check
Five Centavo closely with the aid of your light and glass at the numeral which is suspect. Slowly and
Fifty Centavo
carefully look for signs of excess metal or material around the numeral. Check closely to
Type One 1907
Type Two 1918 see if the metal surrounding the numeral is of a different porosity or color. If the coin is
Type On~ 1909
Type Two 1919 cleaned a more thorough examination of the questionable date must be made. Check for
Type One 1912 uniformity of the date and individual comparison of any numerals which are identical. In
Type Three 1920
Type Two 1920 reference to cast and struck counterfeits the person examining the coin must look for any
Type Three 1921
"casting pits" or bubbles in the metal on the coin. Usually these "pits" or bubble, will be in
Type Two 1921
Type Three 1925 the area around the stars, denticles or rim of the coin. If your coin show any of these
Type Two 1925
characteristics you most likely have a bogus coin. Although stress lines on a coin are
Type Two 1926 0" Pesos usually indicative of a genuine coin, it has now become possible through advanced and ever
Type Two 1928 50 Type One 1911 Short coy expanding technology for your friendly counterfeiter to include stress lines in his more
Type Two 1930 Type One 1914 sophisticated counterfeit coins. A simple way of telling genuine stress lines from false
Type Four 1942
ones is the fact that genuine stress lines on a coin will reflect light slightly where bogus
Type Four 1949
stress lines will not. In closing, as a genera! rule know with whom you are dealing. A dealer
T" Centavo with integrity and knowledge is the be,t protection you can have from counterfeit coins.
When buying coins take a good, long, close look at your genuine specimen so that you may
Type One 1909 learn the special characteristics of your coin. In the future this knowledge may help you to
Type Two 1919 identify a bogus coin whose characteristics arc different from those of your genuine coin.
TWO CENTAVO
1905 Have seen both struck counterfeits (rarely seen) and altered dates. Six is removed
from 1906 two ccntavos and a five is added.
1922 Altered date with last numeral of 1920-1929 two centavos being removed and
two added.
FIVE CENTAVO
1912 Altered datc- last digit of 1910-1914 five centavo removed and a two added.
1931 Along with the 1949 Morelos one peso the most highly counterfeited modern coin
of Mexico- altered date- last numeral of 19.30-1935 five centavos removed and a one
is added- genuine specimens will exhibit under a 10 power magnification a slightly
doubled three. Approximately 95% of all 1931 five centavos I have seen are counter-
feit.
ONE PESO A Super Sophisticated Technique for the Elucidation of Specimen Integrity."
1914- Cabal1itos Highly counterfeited- last digit of 1910, 1911 or 1913 of a Horse Peso is Improvement in methods for detecting fraudulent coins only gives rise to the beller-
removed and a four is added- I have also seen cast counterfeits of this ment of methods to fabricate eVen mOre deceptive specimens. This author has applied an
coin. SEM-EOS (Model Jeol SIM #JSM-U3, with EOS) to the problem of ascertaining the inte-
grity of a 1931 five centavo which, aside from an intuitive distrust for a coin where the
Approximately 50% of all 1914 Horse Pesos offered to me have been
date grades lower than the remaining surface, looked great as an extra fine specimen.
counterfeits.
1949 Mexico's most highly counterfeited coin- altered dates with some cast counterfeited The theory of operation of this instrument falls beyond the knowledge base of most
known. Normally seven or eight is removed from a 1947 or 1948 Morelos One collectors, therefore, what this "tool" can achieve will be discussed. A SEM is nothing more
Peso ;lnd a nine is added. With the aid of a ten power glass, all genuine specimens, than a "super" microscope capable of magnification up to 300,OOOX or so. The EOS is an
a slight notch on the actual curve on the last nine will be visible. auxilliary attachment that non-destructively analyzes a surface for elemental composition.
Thus, for numismatics it can tell us what metals are present and ahout how much there is
We are indebted to Mr, H. S. Ulan of Laredo, Texas for the following article on a of each detected element (iron, gold, tin, etc.)
new method pertaining to the detection of counterfeit coins. Furthermore, one can scan any point on the surface and compare the composition of
With a few exceptions most modern Mexican coins do not fall into great enough CA of the one of the date to the 9 in that date.
value catagories to justify counterfeiting via the more sophisticated methods such as spark The results of the study on the 1931 five centavo showed that the surface contained
erosion or die duplication techniques. Thus for the most part one may expect to find a very high sulphur composition and tin in concentrations of CA 20% but only around the
centrifugal pressure casting copies, or alterations of dates. The latter is usually detectable date area and in particularly near the 3. It is possible with this unit to scan and photograph
by close and cardul examination in strong light with a 20x glass. However, with new fine an area (namely the date) detecting only onc elmen!. A time-lapse photograph with the
grained mold materials a good centrifugal pressure casting can be difficult to detect by detector tuned to tin revealed a scattergram outlining a 3. The photograph piclorally dis-
visual inspection. Tests such as "feeling" the coin or listening to its "ring" are seldom con- plays the concentration of only tin on the surface and had it been absent a blank photo-
clusive. To complicate matters for the average collector, very few have either the training graph would have have been obtained.
or instrumentation to conduct good specific gravity, weight and measurement tests. Nor are The interpretation of such results strongly suggests that the date was altered by
these necessarily indicative particularly in the case of well worn specimens or metal com- soldering on the required numeral, removing the lead (the other solder component not
position tolerances in manufacture. found to be present in meaningful amounts on this specimen) by the use of mercury, and
To subject a coin to a group of experts who have the proper instrumentation and retoning with suIfuT. This procedure afforded a coin with only high concentrations of sur-
knowledge is usually too costly and often too time consuming for the average collector. face sulfur and a tin concentration ten limes greater than contained by the planchet alloy
The question is then asked, what other methods are available? As a professional photo- (2.5%), on an otherwise genuine specimen. Needless to say, the coin was returned.
grapher I have photographed coins for many many years and have learned a few approaches
which may be worthy of further trial and experimentation by "kitchen mechanics". • SEM _ Scanning Electron Microscopy
Item: On silver or copper coins look for a "pit" anywhere on the coin surface and
examine it under high magnification, If such a pit is caused by corrosion it will be ap- EOS - Energy Dispersal Spectrometer
parent that the pit "vees" down into the surface in a conical, narrowing wall form. If the
walls have some outward curvature a centrifugal pressure casting bubble may be suspected.
Thi, is one indication of possible falsification.
Item: It is well known that the amont of heat absorption by any metallic form is
determined by its porosity or density. Obviously then a temperature reading of heat ab-
sorbtion differences between a cast and struck coin should be quite indicative (a cast
specimen will record a markedly higher temperature). Thus given a genuine known specimen
and a questionable specimen an exploration of heat differences will give us a definite
answer. Such a test, which is non destructive, requires the follOWing materials: A 100 wall
lamp suspended by socket without a reflector, a piece of screen wire on a stand mounted
4 inches below the bulb center, two plastic Or glass containers about 2" in diameter (small
jelly dishers will do) and a glass stick bulb type thermometer. Fill containers with 1 oz.
water at 68° F. Place the known genuine and the questioned coin on the screen 4" below
the bulb, light and heat S minutes, then drop the coins in the containers and read the
new temperatures.
J discovered the above test by sensing the difference in heat of two coins after
lighting and photographing them. !f one has heat sensitive fingers the difference can be
apparent without the containers and the thermometer.
36 37
MEXICAN HISTORICAL FIGURES Don 'ose Maria Morelos y Pavon (Morelos): Morelos was born September 30, 1165 at
Tahueco Chico, in Ihe state of Michoacan. Morelos studied philosophy under the Father of
Cuauhlemoc: AS('ended 10 Ihe Ihrone of the Adc< Empire in 1521, .. fler the dealh of his the Mex.iC<ln Revolution of 181o--Hidalgo ... nd was ordained a priest in Ih.. year 1791.
unde CUlt..liu..c. Cuauhlemoc would pmve 10 be the last of Ihe Azll'(: emperors as in In October of 1810. Morelos was commissioned a lieutenant-general and ordered by
AUgU5t of 1521 Hem.m Cortez captured Tenoehtitl.. n (Me>:ico City) after a four monlh Hidalgo 10 begin building an army to fighl for Mexico independence from Sp;lin. Mor1"105'
hi5toric ..nd cou...gcous defense of the A~t« c.. pital by Cuauhtemoc. T .. ken prisoner primary area of operations W;l' th;lt of th.. soulhern area of Mexico. 8e<ause of a lack of
Cu.. uhtemoe W.lS torlured by the Spani5h in eHorls to m.. ke him revul the loe.. tion of the financial aid, Morelos starting striking his own coinage (the famous SUO pieces) in various
legend;uy A7.t("( tre<l5UreS, but dter more lh<ln Iwenty-four hours of torture by fire, h.. W.lS localions around Mexico as hI" was moving around the countrysid... By Ihe year 1814,
rele<lsed after refusing to reveal thi5 knowl~ge he supposingly had. Morelos and his followers were in trouble due to major defeats on the balllefi..ld and with
Cu""htemoc accomp,1llil:'d Cortez on a iourney to Hondur..s in 1525, where Cuauhte. his army disorganized and scallered he was forced to lake to the hills of Tecpan to re-
mOl· was ch.>rged with lreason and conspir,1Cy against thc Spaniards ;md w"s enc\ltcd by organize and hopefully unify Ihe various independent forces.
h,lnging at lhe "!le of Iwenty-nine. In October of 1814, Morelos and his followcrs drafted a constitution. It proved to be
ineffective as the royalist government conlinued its hot pursuil of Morelos and in Novem-
C:uallhtemoc has alw... ys been a very popular and well thought of historic<ll figure ber of 1815 he was captured. He was subsequently stripped of his Priesthood and execuled
of i\·k'<lco and sever"l coins were d<'"Signed ..nd named <lfter him. The most 1l01able of
these .5 th .. riw Peso Cu.. uhlemoc sih'er COlO of 1941 .,"d 1948. for !reason on December 22, 1815.
Mexico honored Morelos on ~vl"ral coins among its modern coinage and he is con-
Don Miguel l-lidalgo y Costa", (Hidalgo): Hidalgo w...s born May 8, 1153 in the sl<lte of sidered one of Mexico's most famous patriots.
GU.. n.1jU.:ItO. Hidalgo throughout his famous ac..demic carl"('r was consid..red a brilliant An inlerE'Sting side note of Morelos was hi, habit of wearing ;I bandana around his
individu.:ll with great iMight into the world of his timl". After receiving his doctorate in head. The rl"ason for this being is that Mor..los suffer<'d sevl"!"e head..d,E'S ...nd the tightly
theology ;,nd being orcl.lined ..s ;, priesl in Muico City, he moved to the little commullily worn bandana s-erved Ih", purpose of aiding in the relief of his headachE'S.
of Dolorl"S in Ihe st.:lte of CU<lnajualo. [n Oo[ores h.. was greatly respecled for his vast
.:Iccomplishments for its pt"Opl.. and Ih..ir w..ys of living. As the years wenl by Hid... lgo Benito Pablo 'uarn: Juarel. was honored on Five Commemorative coins (3 silv",r and 2
b«arn.. more <lnd mor(' disen,hanled with Sp<l.,ish rule and the horrible eHecl it had upon Cold) in 1957 by Ihe Mexican governmenl for his instrumental help in bringing about the
Mexico's people. adoption of MexicO'S constitution while he was Minister of Justice. Juarez rose to power
After sever,ll brushes with the Spanish government which nearly landed him in jail through his work in the state of Oa'(aca where he was elected governor in 1841. He was
b.-.::.luse of his open <lnimosily towards the Spanish regime, Hid ... lgo organized his followers a highly respecled individual by both friend and foe alike and was known for his fair sense
.,nd on September 16, 1810 delivered his famous "Cry of Oolores·' sermon that st<lrled the of Justice. A pure blooded Indian, he was elecled 10 Ihe Presidency of Mexico in 1858. In
W.H of independence from Sp.:Iin. 1864, Napoleon III assert<'d Maximilian into power in M",xico, taking advanlage of political
problems in that country.
In M.Hch of t811, Hidalgo W"'s betrayed by one of his followers and w...s C<lplured
In ~~ ,lmbu<h. The Spanish had ,1 built up de..p hatr<'d for Hidalgo and he was eXl'(:ut<'d by Through interv",nlion by the Uniled Stales, Napoleon's Iroops w",re forced from
., firing squ.1d on July 30. t8tl. After his ex«ution he w..s behud<'d and his head was then Mexico. 8<'nito Juarl"z sel a trap for the then militarily weak Maximilian in the town of
t.:lken 10 eU.1n,1Iu,ltO ... nd displ ... y..d for <'Ipproxim;>tely eighl monlhs <'IS <'In I"umpll" for an}' Quereluo in 1861. Maximilian was caplured ;lnd on June 19, 1861 w..s ex«uted. )uarez
would be independence followers. then regained the PrE'Sidency of Mexico where he ruled without incidence until his de.-.lh
in 1812. Juarez is commonly rderred 10 .-as the Abrah"'m Lincoln of Mexico for his
Hid.llF:o ...ccomplished .1 tremendous amOunt in his life span and is remember<'d as the accomplishmenls.
rather of .\Iexico. He was the fir~1 p,llriot to be honored on Mexican coinage and numerous
coins honor his courageOIl' deeds.
Venustiano Carranza:
Oona Mari<l losda Orliz De Dominguez: Dona )osef" was Ihe wife of a SpMlish-Colonial Francisco I. Madero : The reason Ihese two famous hislorical individuals of Mexico are
I;o,...rnor of one of the slates of Mexico. Through her aclions, Hidalgo .....as probably saved grouped togelher, is that they were dosely connt'<:ted with e.-.ch other during the Modern
on <everal oec,lSion< from h"ving his freedom movement quil'kly crushed. Don" Josef... and Revolutionary period of Mexico. In 1910 Madero published his famous manifesto denounc-
her hu<b,md w..re both srn'l''''hc!ic 10 Ihe independenc.. movement of Hid<llgo. Mr. Domin- ing the policies of Mexico's President Porfirio Din. This document alon", w.-as the instru-
gu..z using t..clks <uch .:IS ignor,111ce of the conspiracy, stalling, and arresl ("ft.. r the cons- ment used to bring Madero inlo po.....er. It was also chidly rl"Sponsible for the beginning
pir.lcr .....", oHki.llh· dpnOllnced) of onl~' minor 'ubordin<ltes of Hid... lgo·s freedom movement of the Mexican r..volution. Wilh the help of his newly discovered pow..r and politiCilI con-
...., s .. ble to gh·e Hid,llgo enough time to org.lIlil.e his pl;,.n. Pressure began to mount on n«tions Madero procl...im<'d him~lf Provision<tl Presidei'll.
thl" gO"ernor bec,lu<e of hi< wife', <1Clivitil""i with rl"g.-.rd to Hidalgo's ..ct;vities. Due to the country being violently split over the issuE'S at hand .lnd with the be-
A"Me thal hi,; wife W.1< being too open in h..r "ctions WIth Hid.:llgo's movement. and ginning of the revolution, Madero was unabll" 10 accomplish any of the reforms and goals
hopl"fuJlr to cool thinll:s do"n .1 bit. Dommguel. had his wifl" pl.:lced under house arrest. h", had sought.
While Madem w...s busy trying to run the Presidency and the war a military 1'101
The revolt ...", 10 begin on Decem1x.>r the 8th of 1810, however, b«ause of informants
th~' plot "',ls "ncovered well in "dv,'"r... Hid"lgo "'.15 w.>rned of the plot being uncovered
to overthrow his government was in the making. Ceneral Huerla desperately wanted to
by lo,cf.l .,nl! with hcr husb.• nds aid in deJ"yinf' the ",resls of any of Hidalgo's major b..come President of Mexico and accompanied by M..dero's army commander, Pascual
follo,,"cl" until Sept('mbcr 15th, Hid,llgo "'''s "ble to organi;ee his freedom movement ,lncl Orazco and other strong forces a bloody military coup was accomplished in several days of
\\,1< ,lble to delivcr hi, f,'mOllS 'l"l'mOn of S.. ptcmber 16, 1$10. battle in Mexico City in 1913. President Madero and his Vice President were casualties of
their politiC<l1 overlhrow as both were shot and killed as they were being transported fmm
JO<l"f.l, 1I«.111'e of her Mtions was iml'ri<oned until the ye.-.r 1811 ..nd died in April the national pa[acl". Huerla was th..n proclaimed President of Mexico.
of 1829 ,1 virtu ... J1)· forgollen ,1Ild pennile,s h..min...
Venustiano Carranza was a loyal backer of Madero and after Madem's fall his
In IQ42 th .. ~lexic,'n 1;0,·..rnme,,1 in honor of her hiSloric ..nd <oUr.Jgeous d«ds hatred for Huerta knew no bounds. He organized a hud fighting army in his home slale
,truck the fir.t (Oin of ;\Iexico wilh a women< eUi]";y on th.. Muic.. n rive Cent.:lvo. To Ihis of Cohuila with the help of Pancho Villa. Although both of thE'Se men were ill5trumental
d"y th .. ~Iexi("ln l"il"e Cent...,·o still be-.>rs h..r porlr<l'!. ill helping one another 10 defe.-.t Huerla they did not (to put it mildly) particululy enjoy
38 39
one another's friendship or company. Carranza was severely critical of Villa's treatment of DEVALUATION CHART THE MEXICAN PESO
prisoners and his use of torture and atrocities. Villa seperated from Carranza to wage his
own type of warfare against Huerta.
,
Value of Peso Value of Peso
Carranza then selected Alvaro Obregon as the man to help him overthrow Huerta. Year in U. S. Cents per U. S. Dollar
After many many months of bloody battle, Carranza was successful in forcing Huerta from
Mexico City. Carranza after his victory was named President where for the next several 1929 48.18 2.075
years he brought about many desirable reforms for the Mexican people. Beginning of the great depression.
At this same time, however, Mexico was experiencing severe political unrest from 1930 47.13 2.121
the many different political factions. Carranza's presidency on many occasions was a un- 1931 35.49 2.817
stable situation. Finally in April of 1920 he was forced from office by his one time friend
1932 31.85 3.1.39
and army commander Alvaro Obregon and on May 21, 1921, while leaVing Mexico City he
was assassinated by his own bodyguards in the state of Puebla. 1933 28.10 3.558
1934 27.74 3.604
Carranza was honored on a commemorative Mexican Five Peso silver coin in 1959,
while Madero is pictured on the famous dual commemorative Ten Peso coin of 1960. 1935 27.78 3.599
1936 27.76 3,602
1937 27.75 3.603
1938 22.12 4.520
,
, 1939 19.30 5.181
II 1940
1941
1942
18.55
20.54
20.57
5.390
4.868
4.861
1943 20.58 4.859
1944 20,58 4.859
1945 20.58 4.859
1946 20.58 4.859
1947 20.70 4.830
1948 20.70 4.830
Major peso devaluation
1949 11.58 8.635
1950 11.60 8.620
1951 11.60 8.620
1952 11.61 8.613
1953 11.63 8.598
1954 8.00 12.500
1955 8.00 12.500
1956 8.00 12.500
1957 8.00 12.500
1958 8.00 12,500
1959 8.00 12.500
1960 8.01 12.484
1961 8.01 12.484
1962 8.ot 12.484
1963 8.02 12.468
1964 8.02 12.468
1965 8.02 12.468
1966 8.ot 12.484
1967 8.ot 12.484
1968 8.01 12.484
1969 6.01 12.484
1970 8,00 12.500
1971 8.00 12.500
1972 8.00 12.500
1973 8.00 12.500
1974 8.00 12.500
1975 8.00 12,500
40 41
(fYI f C>c.
U:c:.e
TRANSLATIONS Province .......••....•.....•......•.....•.....•............. Provinda
Pure ............•.....•.....•.......... ,. . . . . . • . . . . . • . . . . .. Puro
Alloy . Metal Ra re ................•.....•.....•.....•....•.....••........ Raro
Almost Undrculated . Casi sin circular Rays .............•.....•.....•......•.....•.....•.......... GraBla de Rayos
Aluminum ....................•.....•.....•.....•........... Aluminio Restrike ..........•.....•.....•.....•.....•.....•........... Reacunar
Assayer .................................•.....•.....•...... Ensayador Reverse ..........•.....•.....•.....•.................•..... Reverso
Audion ......................•......................•...... Subasta Rim ...............•.................•.....•.....•.......... Grama
Scarce .............•.....•.....•.....•.....•.....•.......... Contado
Border ............•.....•.....•............................ Orla Set. . Juego
Brass .........•.....•.....•.....•.....•.....•.....•........ Laton
Bronze ..........•.....•.....•....•......................... Bronce Silver ...............•.....•....••.....•..........•......... Plata
Bust ...............................•....................... Busto Size ...................................•.....•.....•........ Tamafio
Small ..........•.....•.....•..........•.....•.....•........ Chico
Cast ..............................•............•........... Fundida Star ................•.....•.....•.....•.....•.....•......... ESlrella
Cenler .................•.....•.....•.....•.....•........... Centro Struck .................•.....•.....•.....•.....•........... Troquelada
Coin .............................................•......... Moneda Style .................•.....•.....•.....•.....•.....•....... Estilo
Coinage ............•.....•.....•...........•............... Acunadon
Common ..............•....•.....•.....•.....•.....•....... Comun Thickness .............•.....•....••....••....•.....•....... Grosor
Condition ...............•.....•.....•...................... Eslado de ConRrvadon
Constitution ..........•...........•.....•.....•.....•....... Constitucion Uncirculated ...........•.....•.....•.....•.....•............ Sin Circular
Contour ................•.....•.....•.....•.....•........... Contorno Varieti~ ..................•.....•...........•.....•........ Variedades
Copper ...............•.....•................•.....•........ Cobre VeryFine ...........•.....•.....•.....•.....• , .....•........ Muy Fino
Counterfeil .......................................•......... Falsificacion. Falsa Very Good ...........•.....•.....•......•..........•....... Muy Bueno
Counterstamp ........•.....•....•.....•.....•.....•......... Resello
Year. . . . . . . . . .. . . •. . . . .•. .. . . . . . . . •.. . .. •. . . . . •. . . .. . . . . . .. Ano
Date ...................•.....•.....•.....•.....•........... Fecha
Denlides. . . . . . . . . . . . . . . .. . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . .. Grafila de ~tria$
Designe. . .. . .. . . . . . . . . . . . . . . . . . . . .. . . •. . . . . •. . . . . •. . . . . . Grabador
Die Troquel
English Number Espaiiol
Edge ................................................•...... Canto
Estildo De Mexico "'i I e
ElCchange ...........................................•.......
. United Slates of Mexico
Cambio
Do, 1 Uo.
00,
T,~ 2
btremely Fine ......................................•....... Exlra Fino Th,u 3 Tres
Fine ..............................•.................•....... Fino
Flan ............................•.....•...........•........ ea.",,1
Four
Five
•
5
Cualro
Cinco
Gold ..........•.....•.....•.....•...........•..............
Good ...............•.....•...........•.....•....•......... Bueno
0,.
I Six
Seven
6
7
Seis
Siete
Grams .............•...........•........................... Gramos
Half. ..................•.....•..........•.................. Medio
Eight
Nine ,• O<h•
Nueve
T,o 10 Diez
Impairment .........•....•.................•.....•.......... Impedimiento Quince
Fifteen 15
Initial. . . . . . . . . . . . . . . . . . . . . . . . . • . . . . . • . . . . . .• . . . . • . . . . . . . . .. lnidal
Twenty 20 Veinte
Large ........................•.....•.....•.....•........... Grande Twenty Five 2S Veinte Cinco
Lellered Edge............................................... Canto a Leyenda Thirty 30 Treinta
Forty Cuarenla
Mark. . . . . . . . . . . . . . . . . . . • . . . . . • . . . . . • . .
Motto ............................•...........•.....•.......
. ..••.......... Marca
Mote Fifty "SO Cincuenta
Medal ...............•.....•.....•...........•.....•........ Medalla SilCty 60 Sesenta
Milled Edge ........•.....•.....•...........•.....•......... Canto Estriado
Seventy 70 Setenta
Mint ..................•..........•............. -·.-.·· ..... Casa de Moneda
Eighty Ochen!a
Mint Error ............•.....•.....• ·····•·····•·····•······ Error de Casa de Moneda
Sigla de Ceca Ninety " Noventa
Mint Mark .............•.....•.....•.... ·············•·····
Number ...........•....•.....•............................. Numero
One Hundred "
100 Cien
Two Hundred 200 Dosdentos
Obverse .........•...........•.....•.....•...........•...... Anverso Three Hundred 300 Trescientos
Pattern ....................•.......................•........ Prueba Four Hundred .00 Cuatrocientos
Plain Edge. . . . . . . . • . . . . . •. . . . . •. . . . . . . . . . . . . . . . . . . . . . . . . . . .. Canto liso Five Hundred 500 Quinientos
42 43
Six Hundred 600 Seiscientos
Seven Hundred 700 Sietecientos
Eight Hundred 800 Ochoeientos
Nine Hundred 900 Novecientos
One Thousand 1,000 Mil
One Million 1,000,000 Un MilIon
All prices in this catalog are quoted in U. s.
dollars.
Todos [os precios en este catalago fueron pueston en U. S. dolares.
44 45
INTRODUCCION GRADUACION DE MONEDAS
Durante 105 ultimos 5 ailos, la «onomia del mundo ha visto un tremendo cambio La Graduacion de monedas desde el principio de la numismatica a sido un proceso
radical en su pensamienlo - particularmenle en sus leyes lradicionales. El mundo ha sido muy inconsistenle por parte de numismatlcos, las razones de ello son muy numerosas, desde
lesligo de :.ma devaluaci6n mOlldaria masiva, de la que ha resultado una situacion de in- por ignorancia por parte de el comprador 0 vendedor 0 por coslumbres diferenles 0 es-
flacion en casi lodos 105 paises civiliUldos de el mundo. Hemos visto particularmenle en 105 tandard de pais a pais. Por ejemplo, por muchos anos el sistema europeo fue considerado
Estados Unidos, tres devaluadones, que, en la opinion de el autor, ha sido resultlldo de mas exigente que el Americano, tal coma una pieza considerada en la Gran Brelana como
una inflllcion rnlistica de 20% anual en la economill de E.U. desde 19n. extrema fina, en los ESlados Unidos era considerada como sin circular por 105 numismalicos
de alii. La graduacion de monedas a estado mejorando en 105 ultimos tres anos. Esta mejora
Este drculo inflaclonario, duo esta, ha causado que el dolar lImeriCllno pierda su en la consistenda, ya sea de vendedor 0 eoleccionisla, fue incremenlada por la publicacion
v..lor, coma t..mbien en toda la economia nacion..1 desde comida, utencilios y servicios, que photograde, de James F. Ruddy, publicado por Ruddy inveslments de Los Angeles Ca.,
cl or~, y la platll, se suban dramaticamente de valor. Uno se pregunta coma afecta lodo esto E.U. esla excelente publicacion en graduacion ulilizo un metodo de presentar todos los grados
a la mdustria numismatica y 1I1 merc..do de monedas mexicanas en general; Como mentiona- y denominaciones de las monedas de E.U. por el uso de una excelente fotografia de mone·
mos arriba, la economia ha estado bajo gran presion duanle 105 ultimos tres ailos ClIusando das. Ayudando lambien a photograde, el numismatico americano empezo a darse cuenta por
grandes aumentos en Ins predos, generahnente en todas las areas conocidas. El area de medio de publicaciones numismaticas y autores que explicaban los estandard sobre graduacion
numismatica, clam esta, no se ha quedado atas, sino al contrario, de acuerdo a la famosa y al mismo liempo, les decian que tuvieran cuida~o de cierlos comerciantes asi llamados, los
public..cion "Barons" fKhado Enem 15, 1913, donde dice que el area de numismatica tuvo cuale; tralaban de subir el grado de la moneda uliliUlndo metodos como pulirlas (ulili:zan
e~ porciento mu grand.e de g.anllncia por inversion (us%) que cUlllquier otm tipo cono- un pulidor de hoyero para dar la aparencia de no circulada).
ada. Esla tremendll sub.da a sldo a c;lusa de la devaloraci6n monetuia y en su mayor parte, Desaforlunadamente, coma la moneda Americana, la moneda mexicana nunca a lenido
por per~nas.culdandose en contra la inflacion. Que yo sepa, no puedo penur en una arn un libro estandard de referencia sobre graduacion, pero, ill mismo tiempo, 105 numismatices
de num.smalLu que no ha visto una subida drasticll 0 que no haya subido de valor desrle mexicanos no han tenido ni siquiera 105 mismos problemas de graduacion que el numisma-
Agoslo 1910; .Igunu areas de numismatica han visto sus monedas incremenlu§.e en varios lico americano.
clentos, si no miles, porcientos en 105 ultimos 5 anos. La moneda mexicalU. esla incluida No se ha tratado de interpretar en detalle los grados abajo de exlremo fino porque,
en estos grupos. en la opinion del aUlor, cuando uno esta interprelando los diferenles grados, particularmente
en evaluacion de monedas, el mas grande inc~menlo de valores y la definicion eslricla de
El ..utor §.e da cuenta que un Iibro de referenda para cat.ilogar no a sido publicado grados tiene que cslar arriha de cl grado extremo finc.
desrle 1911 (PrKios, parlicul.rmenle han sido descutados) y despues de hablar y ~ibir Mucha genie se sorprendera en algunas de las evaluaciones hechas en brillanle sin
apoyo de varies eomerdanles y eoleccionistas en moneda mexieana, decidi escribir un Iibro circular, hay daro esla, muy buena razon por esta alza, ra~za e5 la primera razen, segundo,
condensado de la moneda de Mexico. no ha habido un calalago que nos diga evaluaciones verdaderas en 105 grad05 brillanle sin
Despues de penur larga y consiensudamente, sobre J.. mejor manera en poder com- circular en muchos anos y ademas, la demanda por monedas en grados superiores esla en
plelar t5:le trllbajo, decid, hacer este libro en tre5 paries primordiales que interesan y divi- un record alto y sigue aumenlando.
den 105 mtereses de los colKdonistas de Mexico (Monedas Mexicanas Modernas 1905-1915 En algunas inslancias, usled el leclor va a nolar declinaciones en al precio de algunas
Republica y Revolucion y Finalmenle Moned..s Coloniales de Mexico). Esto tiene 2 monedas, estos precios bajan por varias razones en ellas puede ser que se han encontrado
razo~es - la primer.. - haciendo esle libm en 3 volumenes, la informacion sera mas entierros, 0 que en la opinion del aulor, denta moneda este sobrevalurla en un grado
preclsa en cada volumen y cuando sea necesario que el ..utor y despues el coleccionista p..rticular por varias fuenles pasadas.
necesile de informacion, podran asegurarse que esla sera de expecialislas en las tres areas Por favor, ponga un inleres particular en mi definicion de los grados sin circular y
ya anles mencionildas. La segunda ru:on es unicamente para simplificar, haciendo todas las brillanle sin circular, porque esto grades son usados extensamente en el Jibro.
areas de fadl acceso, localizar la informacion de la moneda individual y su visualidad.
espe~ando. que el ~ector obtenga un mejor entendimiento de cada uno de los periodos de la Bueno (C) La moneda se podra identificar por su fecha y denominacion. La
numlsmallca Mexlcana. El aulor sugiere anles de que Vd. empieze a poner precio a sus
monedas, que el lector lea cada seccion de informaci6n basica y la guia de introduccion que
pertenesca a la moneda, primordialmente sobre graduacion y sabre su precio, ya que
muc~os cambios ra~icales y descubrimientos se han hecho desde la ultima vez que se edilo
I Muy Bueno (V.G.)
moneda lendra su grama completa en reverso y obverso.
La moneda ensei\ara gasto considerable en todo 105 puntes altos
y medianos. El disei\o general de la moneda se notad:.
un hbro de referenc1a sobre monedas mexicanas, ya que nco, es muy importanle que usted, Fino (F) Fuerle y dara la grafila en su reverso y obverse de la moneda
el lector, entienda las guias basicas que se han usado en preparar este calalago para usled. aproximadamente 50% de delalle en el disei'io interior de la
El volumen numero dos de las monedas de Mexico (sabre el periodo de la republica y moneda.
revolucion) sera publicado en 1'1 Otono de 1975. Volumen Ires en 1'1 que hablaremos sobre
la moneda colonial sera publlcado apro~imadamenle 105 primeros meses de 1976. Muy Fino (VF) Los mismos eSlandards graduales de fino exceplo la moneda
exhibira aproximadamente 75% de detalle inlerior en al disefto
basico y unicamenle con 105 punlos aliOS enseilando baslanle
desgasle.
Exlremo fino (XF) Fuerte y complelO delalle en loda moneda, desgasle solamente
posible en 105 punlos exlremos altos de la moneda, en algunos
casos una pequeila brillanle se vera en ella.
Casi Sin Circular (AU) Una moneda que casi no a vislo circulacion la moneda esla bien
acui\ada y completa y mantiene un brillo considerable, (normal-
mente sobre 30%) coma regia general, cuando utilize la guia, de-
duzca un 10% sobre el precio de una moneda sin circular para
determinar '11 precio de cas; sin circular.
46 47
Sin Circular (UNC) Esla calegoria sera exp[icada en dos categorias monedas de cobre UN GUlA DE INFORMACION DE LA MONEDA MEXICANA MODERNA (190':-1975)
y monedas de plala. Monedas que eslan bien acunadas y man-
Monedas de lienen un minima de so% de brillo, como nola especial las la era de moneda, Mexico moderno, tuvo su introduccion en masa en el ano 1905. El
Bronze monedas de cobre son i1cunadas en cafe, chocolate sin circulilr gobiemo Mexicano habia planeado por muchos anos previamente, consolidar todas sus fadli-
(definici6n comun) 0 un rojo comp[elo, pero si contiene gu.n dades de acuftacion en un solo Ie<:ho, la Cuidad de Mexico pero por un convenio anterior en
canlidad de carbon, ulilize los diltos de precio para grado AU. forma de conlralo con las distintas ramas de Acunacion de Mexico, no podian moverse hasta
El promedio de especin sin circulilr de cobre y bronze ulilizadas el ano de 1905 cuando todos sus contratos expiraban. la razon que el gobierno mexicano
en esle calalogo sera rojo-cafe sin tener manchas de carbon. queria consolidar lodas en una, son numerosas. Mexico se estaba expandiendo muy rapida-
mente y era un pais en pleno desarrollo que necesitaba una forma estandard de moneda tanto
Monedas de Monedas bien acui'iadas con un total de briUantu que empieza domeslica, como para cambio internacional. En esle tiempo la moneda de la republica era
Plata desde un bajo gris a diferenlu tonos de brillo _ sus monedas considerada torpe para cambiar y mantener, 105 gastos se podian reducir consolidandose,
de plala grandes contienen un promedio medio de marcas de podian ellos introducir un sistema mas uniforme de moneda por reForma monetaria y en
bola y cualquier exceso 0 grandes marcas causan que las monedas general, produdr una eficienda y calidad mas a[la en cada paso de el proceso de acui'iacion.
se deprecian. Todas las monedas sin circular que esten debiles en
Entre los cambios mas notables de la moneda mexicana moderna, en comparacion de
1'1 troque!. que tienen defectos de plancha 0 cualquier otro pro-
su moneda de la Republica es, que el centavo meKicano y su moneda de ora fue reducido en
blema, S<:' caen de la calegoria sin circular principalmente en el
tamafto para fadlilar su manejo y con la reduccion de tamano menos coslo de p·roducd6n.
precio, aun que tecnicamente, se manlienen sin circular.
El contenido de oro de la moneda de oro, fue alzado a .900 fino para que conformara con el
Brillante Sin Circular Monedas que conservan 1'1 brillo original (MS65/MS70) ejemplar reslo del mundo en 10 que respecta a fineza de la moneda. El dnco cenlavo mexicano fue
(B.U.) perfeclo que mantienen un brillo original como recien salido de convertldo de plata a puro niquel y las olras monedas de Mexico he<:has en plata, fueron
la troqueladora, bien acuftadas sin tenu factores que la degraden, reducidas en fineza, como por ejemplo, de .9027 a .800 fino, esla medida fue hecha para con-
comunmente referidas como selecdonadas brillante sin circular _ Irareslar el atesor"miento de la plata por la devaluci6n del peso y asi mantener las monedas
especies como gemas brillante sin circular deben de realizar, pre de plala en circulaci6n. Desafortunadamente Mexico a sido lestigo de una continuo drculo de
dos sobre 105 precios en 1'511' calalogo. devaluacion ano con ano y al igual que los demas paises, a reducido cl conlenido de plala
en su moneda al paso de 105 ai'ios, hasta que finalmenle tener que convertirla en cobre-
niquel. Usando la tabla de devaluadon del peso de este libro, el lector podra ver cuando
PRECIOS fueron las mayores devaluaciones del peso y a[ mismo tiempo utilizarlas como una tecnica
Los predos puestos en este catalogo fue probablemente la secdon mas defidl de de referenda para poder visualizar el liempo basic6 cuando el conlcnido de pl"la en su
determinar y investigar. El area basica que se utiliw en poner los precios en este catalogo, moneda fue bajado en la moneda de Mexdo.
fue hecho para darles una mejor determinacion de va[ores, pero, uno se pregunta, lse les En las siguientes paginas yo eh hecho un diagrama basico de rareza en las monedas
dara precio de menudeo 0 mayoreo? mas escasu de Mexico modemo en el grado de brillanle sin circular.
Cuando uno S<:' pone a considerar eslos d05 puntos, se da cuenla que 105 dos tienen
desventajas, asi que decidi tomar una tercera delerminacion sobre esto. El autor despues de UN CENTAVO TIro UNO 1905·1915
consultilr con varias autoridades en el ramo de monedas, desde socios en monedas a colec-
cionislas en monedas, decidi6 que el mejor melodo S<:'ria, hasta este momenlo, usar una El duplicado Mexicano a el centavo de Eslados Unidos. Era lan similar en peso y
evaluacion basica de las monedas usando records obtenidos en transacdones personales, medida que los luristas que regresaban hallaban que podian utilizarse en 105 Estados Unidos
raresas acluales y numero de piezas conocidas, las ultimas subastas, ventas redentes cono- tanto en las maquinas de eslacionamento, coma en las maquinas de Chide (Goma De
cidas por otras personas y finalmente en casos donde hubiese preguntas considerables talcs Mascar).
como evaluacion del mercado en esta fecha, cl uso de compra en comerciantes en moneda Durante sus 45 anos de vida a habido unos cuantos cam bios menores de aleacion y
y cl. llamado ask (pedir) en ellas y tratar de utilizar un predo satisfactorio para 105 dos [lano esla 1'1 tamano reduddo de 1915 que sera dcscrilo en otra parle.
partldos. Como un gran volumen fue oblenido en subastas y compras i1[ menudeo de el
col.ecdonista, uno ~ebe de acor~a.rse que 1'1 comerciante, salvo en algunos casos, espera UN CENTAVO TIPO DOS (TAMAtilO REDUCIOO) 1915
balar un lanto porclenlo cl preclo de ella, con el cual pagan el precio de tener las puerlas
abiertas, pero, monedas exceptionalmente raru 0 gemas deben de incremenlar el precio de Cuando Carranza puso una nueva capilal en Veracruz durante la revoludon, las
compra a veces mas a.lto que el eslipulado en el catalogo. Tambien van a enconlrilr en muchos fuerzas de Zapala ya DCupaban la Cuidad de Mexico. En Junio de 1915 publicaron un decrelo
c~sos, ~ue cua~do esten revisando monedu sin circular y las brillantes sin circular, al pre-
autorizando la acui'iacion de el uno y dos centavos de diseno idenlico pero en un tamano JnaS
CIO vana consldarablamenle, y una variacion mas drastica con monedas ya circuladas. Vo reducido y exaclamente la milad del peso sobre monedas anteriores.
sugereria muy seriamenle que COIda uno de ustedes ponga mucha atencion en mi definici6n las monedas fueron acunadas solamente en }ulio, siendo esta la rawn de su bajo
de brillanle sin Circular en la seccion sobre graduaciones. Muchas monedu han vislo un acunamiento. Estas monedas no fueron incluidas en las de la revo[uccion porque fueron
alza muy substanciosa en brillante sin circular y se pueden calalogar en precios aparente- acunadas en la casa de moneda de Mexico y fueron incluidas e[ reporte ofidal de la misma.
":,ente muy altos. la razon qu... a estas monedas se les han puesto estos preeios es, por ...1 la razon de su pequeno tamano y porque fueron dedaradas ilega[es por 105 constitucional-
slmpl.e hecho que no se encuentran en ese estado, brillante sin circular, como ejemplo pri- istas, nunca fueron realmente aceptadas y no circularon por mucho tiempo.
mord'al esta e[ dos centavos 1929, yo le he puesto un preclo de $50.00 en extra fino, pera, La razon por el tamai'io reducido probablemenle fue en parte por la necesidad de 1'1
en bril1ante sin circular, cl precio de $450.00 fue usado por la simple ra7,On que al autor cobre, incrementada durante la revoluci6n, pero mas probable, simplemente que 105 zapa'
en doce ai'ios de esludios de moneda mexic"na a vislO unicamente dnco monedas en esa listas querian acui'iar monedas que serian fadl de dislinguir sobre las que ya antes circularan.
condicion. Yo se que mucha gente Irala de tomar ventaja con el grado brillante sin circular
pero, cuando hablamos de precios en cierlas monedas, no puedo enfatizar bUlante, despues UN CENTA VO TIPO TRES 1916-1949
df. una delallada consideracion, que utilizen el sistema de graduar de este "'talogo.
1916 fue el ano en que resumio cl un centavo similar a el centavo tipo uno 1905-
1915. El cenlavo tipo!res continuo en produceion hasla el afto de 1949, cuando una devalua-
cion del peso fue la causa mayor de su muerte.
48 49
UN CENTAVO TIPO CUAUTO 1950-1973 ONCO CENTAVOS TIPO DOS 19]4-1935
En 1950, 1'1 nuevo cenl<lvo fue inlroducido en 1.:1 economia mexicana. Esle nuevo cen- En 1914 1'1 nuevo y grande cinco centavos de bronze fue introducido y lom6 1'1 lugar
lavo era considerahlemenle pequei\o, en comparacion de el que suhstituia por la devaluad6n de el cinca centavos de niquel, esta moneda enconlr6 aceptacion y circulo de 1914 a 1935 y
del peso en 1949. la reduccion de lamano era, claro esla, por economia. El cenlavo tipa tenia ventajas tanto de duracion y eC"onomia sobre la olra moneda de niquel.
cualro proh6 que no era muy eficienle en Iransacciones monetarias de dia a dia. Todas eslas monedas tiencn una escala de semi-escaso a exlremo raro en brillanle sin
La unica ra.l:on que t.'Stas monedas servian fue en las lnlituciones hancarillS, en las que circular, la raz6n es que circularon grandementl!' y no fueron atesoraadas. El quinto, como
se necitaha camhio complelo (incuyendo un numero de cenlavos) para balancear sus cuentas comunmente se llamaba, de 1931, ha sido una pina muy interesante para mi, ya que esla
o lihros 0 cuando simplemente se necesilaha dar cambio. En 1973 1'1 centavo lipo cualro fue moneda, no fue descubierta hasta los ultimo! de los 1950's 0 principos de 1960's.
de~ontinuado por la raton hasica que no era muy practico.
En 1963 cl Senor Neil S. Utberg reparl6 que a su conocimienlo solamente trl!"S pieus
habia en existencia, aunqul!' despues de muchos anos de invesligar y examinacion, puedo yo
DOS CENT:\VOS TlPO UNO 1905-1906
reportar que parece que hay aproximadamente 40-75 pieus genuinas en !!'Xislenda y a mi
Presentado el acto nuevo de acunacion de 1905, ana moneda de dos centavos dl!' conocimento personal cuando menos una pina I!'n brillante sin circular. Vo lodavia me pre-
bronzl!', a la que le dieron el apodo "El Dos Centavos Monograma" por su disl!'no. El go- gunto ahora, porque esta moneda no habia salido publicamente anles de 1960 y cual fue su
bil!'rno ml'Xicano hi.l:o varios con~ractos con diferentl!'s gobiernos para cuando su casa dl!' actual y verdadero historial, en 10 que r!!'Specta a su acunamienlo.
moneda luvil!'ra murho lu.bajo, ll!'s pudieran aCUMr algunilS de su moneda. El dos Cl!'ntavos
tipo uno fue una dl!' las monedllS en que parle de eHas fueron acunadas funa de Ml'Xico
(1905-1906). CINCO CENT A vas TIPO TRES 1936-19U
La casa dl!' monl!'<!a de Birmingham, Inglalera, acuno aproximadaml!'nle 5,000,000 En 1936 un nul!'VO cinco cl!'ntavos fue expedido relacifJnando un diseno nuevo y alea-
dl!' estos centavos fechados 1906 para Muico. Y concuerdo con I!'I ~fior Richard Long. cuando ci6n. El reverso dl!' la moneda ensella un disl!'fio de aguila nuevo. El tipa tres cinco centa-
I!'xpresO su opinion, quI!' la ra.l;on de la fecha larga y la fecha corta !!'Xistl!' la posibilidad que vos de 1938!!'S la Have de esta serie y" re1ativaml!'ntl!' rara en brillanle sin circular.
la fr<:ha larga ful!' acunada en Inglaterra y la fecha corta fue acufiada en Ml!'xico 0 vicl!'versa.
OOS CENTAVO TIPO TRES 1920-1941 I esle tipa de metal le lIamamos comunmenle coperniquel. Dado el heeho a la similaridad con
I!'I veinticinco centaves mexicanos dl!' 1950, estuvo creando mucha confucion en el inler-
cambio, asi que por esta rawn, no ful!' muy popular este dnco centavos.
El ano de 1920 vimos que se resumi6 1'1 dos cenlavo de hron.l:e similar a el tipo uno,
de 1905-1906. Dada su impopularidad y torpedad, la producci6n de esta moneda fue parada
en 1941. Con la exC"epcion de el alio 1939 y 1941 en el que fueron afios de pequefias ac:omula-
ciones en brill::ntl!' sin circular. Todas I!'stas monedas en condicion sin circular son escasas
I En Diciembre de el ano 1950 el gobierno mexicano suspendio el acufiamienlo de I!'sta
moneda y empew a mandar pedir 1'1 rl!'sto de ellas, con 1'1 resultado subsiguiente de quI!' mu-
chas de eslas encontraron el caldero para fundir.
dado 1'1 hecho de que eran generalmente bien circuladas en 1'1 tiempo y parecia al menos
enlonces, que no tenia ninguna razon en ahorrarlas y cuidarlas. CINCO CENTA VOS TIPO SEIS 1954-1969
Una nota eSpKial que el aulor quierl!' hacer en referencia a rareus, en su opinion 1'1
dos cenlavos de 1922 es mas raTO quI!' el cinco cenlavo de 1931 con la posible exepcion en 1'1 Esle nuevo cinco cenlavos de cobre fue presenlado en 1954, por 1'1 hecho de no tener
grado, brillante sin circular. Yo eh visto y eh oido de aproximadamenle lres veces mas la authori.l:acion Iegislaliva r(!spectiva, de cl gobierno mexicano, la casa de moneda se hallo
cinco centavos 1931 en conparaei6n de el dos cenlavos 1922 parlicularmenle en el grado fino en una situacion un poco (!mbarawza. Tratando de remediar esta siluaci6n reliraron In-
a extra fino. mediatamenle lodos 105 cinco centavos pequenos de cobre y los reemplazaron con uno mas
grande de cohre. Esta accion resulto que tn 1954 (con punto y sin punlo) 1'1 pequei'io cinco
ctnlavos de cobre, se convirtlo en una moneda l1ave mexicana. De 1955 a 1969, los sub-
CINCO CENTA VOS TIPO UNO 1905-1914 siguienles lipo seis, cinco cenlavos, fueron acunados sin incidente.
En 1905 el cinco cenlavos mexicano fue canvertido en un disefio de niquel puro de su
pequei'io hermano de plata en la republica. La decision en parte del gohierno mexicano de
CINCO CENTA VOS TlPO SIETE 1971 A FECHA
converllrlo de plala a niquel, cl cinco cenlavo, fue un cambio inteligcnle y economlco, aun
que cl cinco centavo de niquel, no fue tan durable como su contemporaneo de plata y fue re- En 1911 1'1 lipa seis de cohre cinco cenlavos fue convertido a un tipo nuevo. Esta
emplando despues de solamenle nueve anos en circulacion. nueva moneda cs considerablemente mas chica que la anterior y tambien tiene una aguila
ESla moneda es una de las mas dificHes de las modernas de localizar en grados altos, mas "Estilizada" en 1'1 reverso. Hasta la fecha no ha habido ninguna moneda lIave en esla
dada su destruC"cion por el hecho de su circulacion. serie y continua hasta la fecha en produccion.
50 51
DlEZ CENTAVOS TlPO UNO 1905-1914 VEINTE CENTAVQS TIPO UNO 1905-1914
El diez cenlavos nuevo de 1905, fue mas notable por su contenido de plata reducido Como loda la moneda de plata, despues de la rdorma moneta~ia de 1905 I~ com-
de .9027 fino a .800 fino. Existen numerosas variedades en eSla serie y es una de 1.15 series posicion de plala en el veinte cenlavos, fue reducida a .800 fi.no. El ve.mte cenlav~ ~lem~r~
mas eXlensamente col«cionadas de Mbico moderno. Estas monedas han sido derrilidas
durante los anos, dado, el gran conlenido de plata y los ef«los de inflacion en la economia. m:'
a sido unil moneda popular en Mexico y a vislo una circulaclOn ampha. En la 0plnton e
aulor, este lipo en particular, ,11 igual que el tipo uno, cinco centavos, son de .1,15 menos
preciadils series en condicion brillanle sin circulilr, de 1,15 monedas de MexICO m erno en
DlEZ CENTAVO TlPO DOS 1919 nte siglo. . , derritidas en
Unil de !as rilZones que esta monedil es difki! de locill~zar es, ~eron
Esle lipo dos de diu cenlavos, es muy similar en diseno :l el tipo uno, con la unica cantidades tremendos sabre 105 anos cada vez que la plala subla de pre<:IO. El veinle. c~nla
diferencia de su pequenez, ya que los mismos melales fueron retenidos. vos de 1908 es casi imposible de localizar en brillante sin circular,. y segun el conOClmlento
La alza de los predos de plala y la especulacion que 'la con ella, al final de la pri- del aulor, solamente siete piezas en brillante sin circular se han \'I5to en el mercado en los
mera guerra mundial, foru. a el gobierno mexicano a reducir la cantidad de plala en sus ultimos diez ilnos.
diu centavos a un punto tal, que el tipo dos fue creado. Arriba de el grado extremo fino, es
una moneda muy diHcil de encontrar y en brillanle sin circular es buscada mucho.
VEINTE CENTAVOS TIPO DOS 1919
Al igual que diez centavos fcchado 1919, al veinle cenlavos tambien fue reducido en
DIEZ CENTAVOS TIPO TilES 1919-193-'
tamano Y peso en 1919 por la subida de 105 precios de plata.
la continua alz", de la plata l:'n 1919, Sl:'1l6 temporalmente la muerle de et diez cen- Estil moneda siempre a sido un tipo muy popular con 1,15 coleccionist.as, pero, yo,
tavos de piala. En este tiempo, practicamente todos los diez centavos Mexicanos fueron personillmente pienso que esta sobre-preciada en 105 grados bueno hasla muy fmo. En sel«-
atesorados 0 rl:'movidos de circulacion, forzando a el gobierno mexicano convertir su diu 10 brillante sin circular las piezas son escazas Y aun que yo e manejado bastanles de estas
cenlavos de plala a cobre. Este nuevo, diez centavos, de cobre, tenia el mismo diseno mono- piezas en brillante sin circular, la demanda se. ma~liene firme en esta moneda y yo creo que
grama como el uno, dos, cinco, y veinte cenlavos de bronze, con el disei'io sobre el mismo los prt'Cios continuar.in a subir en brillante sm clrculilr.
periodo.
El diez cenlavo de bronze fue producido de 1919 a 1921 y despuk otra vu en 1935.
VEINTE CE!'lITAVOS TlPO TRES 1~20 Y 1935
La rawn de converlirle en bronze olra vu en 1935 fue que los pr«ios de la plala empeza-
ron a subir otra vez y era inc05teable que una moneda de diez (enl<lvos esluviera en exbten- Asi coma el tipo tres diez cenlavos, bron:ze de Mexico, un compafiero de bronze vei'.'te
cia. Todas eslas monedas vieron una circulacion baslanle fuerte y la moneda de diu cenlavos cenlavos en monograma fue acui'iado en 1920 y 1935. En eslos dos anos, el alza en 105 preclos
de bronze f«hada 1919-1921 es casi imposible hallarlas en estos dias, en brillanle sin circular de la plala forzo, la decontinuaci6n de la producCion de e1 veinle centavos de plala y un
yen la opinion del autor son unos verdaderos valores de la moneda modemil mexicana. cambio a esle tipo de bronze.
El veinte cenlavos de 1920 es escaso aniba del grado muy fino; aunque por o.tro lado,
DlEZ CENTAVOS TlPO CUATRO 1925-1935 con la excepcion de piezas brillilnle sin circular, el veinte centavos de 1935 es re1ahvamenle
En 1925, despues de un lapso de cualro anos, la Cilsa de moneda de Mexico decidio comun, abajo del grado casi sin circalar.
tratar una vez mas y producir otra moneda de diez cenlavos de plala. Aunque reducida en
su contenido de plata y peso esla fue olra moneda mas que eventualmente cayo alas pre· VEINTE CENTAVQS TlPO CUATRO 1920·1943
siones sobre si era economica y practica de producir. Asi coma el diet cenlavos de plala ell esta fecha basica, el nuevo tipo de.veinle cen-
El tipo cuatro de diu centavos vi6, en 1935 su ultimo ano de produccion y probabla- 1.1'105 fue basado en peso y composicion sobre el tipo anlerior por los altos preclos altos de
mente sin darse cuenla, el ultImo diez centavos de plilta ilcunado por liI cilsa de moneda en la plata. Como todos 105 veinte <;entavoS acunildos en plala, fueron monedas muy populares
Mexico. y luvo mucho exilo.
En la ultima parte de 1935 y lemprano en 1936, el veinle centavo de bron~e fue acuna-
DIEZ CENTA VO TIPO CINCO 1936·1946 do por el alu de los precios de plala y el pequeno "einle cenlavos fue descontlnuado ~aslil
El tipo cinco, diet cent<lv05 fue una pieu compili'iera de el cobre-niquel tipo tres cinco 1937 CUilndo su produccion resumi6 hasla 1943. Esle tipo de veinte centavo se esla volvlendo
centavos en 10 que respecta a disei'io y metal de monedas, ya que fue la misma para las dos. escazo en brillanle sin circular, parlicularmente en los anos enlre 1920 y 1930.
La produccion de el diez cenlilv05 de plala habia terminado en 1936 y ,11 gobierno mexicano
necesilaba un lipo mas t'Conomico de die: cenlavos. Asi fue como la moneda de cobre y VEINTE CENTAVOS Tiro ONCO 1943-1955
niquel nacio. El ailo 1943, vio el ultimo veinle cent<lvos de plata producido ~n Mexico y la emer-
la nueva moneda de diez cenlavos cobre-niquel fue acuilada por ocho ailos, de 1936 gencia de un lipo complelamenle nuevo de veinle cenlavos. de bronze. Ya que para esle
a 1946 y se vio coma un buen exilo. En 1946 la produccion fue parada despues de haberse ticmpo, MexicO no podia producir economicamenle, sus pequenas monedas en plala, razon de
acunado mas de ciento veinte y nueve millones de piezas, un r«ord nuevo pari! el diet cen-
la muertc de su die:.: y veinle centavos de piala.
1.1'105.
Iste nuevo veinte <;enlavos probo ser una moneda muy bonila, ya que describa e.n
delalle 1iI piramide de Teotihuacan sentada enmedio de 105 vo1canes Popocalcpetl y Ixlilcl-
DlEZ CENTAVO TIPO SElS 1955-1967
huat!. Su bellCJ:a fue soIamenle exedida por su popularidad entre I~ g~nte. Estas. moncd~s
Dado el hecho de tan alia acunacion de el tipo cinco, diez cenlavos y con bastanles han circulado exlenzamenle, resultando que aun 105 de grande ac~naclon, I'~ brdlante .Sll'
de estas monedas lodavia en circulacion, un diez centavos nuevo no fue acunado hasta 1955. drcular, se estan haciendo dificiles de localizan, manteniendose todavla muy balos sus preClos.
El oberso de esta nueva moneda de bronze die: centilvos emena un aguila moderna.
Estils monedas, fueron muy comunes en brillanle sin circular por muchos afios. Ulti-
VEINTE CENTAVOS TlPO SEIS 1955-1971
mamenle, cualquier cantidild, aun 1,15 f«has mas comunes, se han hecho di£lciles de localizar.
En realidad, el aUlor piensa que toda la moneda de cobre de los cincuenlas y los tempranos 1955 fue el ano en que el aguila fue rediseilada. A un tipo mas grande de aguila. El
sesenlas, son menos-pr«iadas en brillante sin circular aun en esle liempo. reslo de es;a moneda lan popular fue dejado igual. Fue evidenle despues de un corto liIpso
52 53
___1-
CINCUENTA CENTAVOS TIPO DOS 1918-1919
en que, tos dos disefios de aguila circulaban en 1955, el viejo, 0 sea la pequena aguila, era
mas escasa, de las dos monedas. si coma 1"1 diez y veinle centavos de 1919, 1"1 dncuenla centavo de 1918, 1919 f,~
A o.) por 1"1 rapido azensO de V~
Aunque la pequena aguila de 1955 se esta vendiendo ahora entre $50.00 a $75.00 en reduddo de tamano Y peso {12.5 gramos contra 9 '.06 gra m
hrilIante sin circular, es mi opinion que esla moneda esta sohre·preciada, en 105 precios ya pre<:ios de plala, aun que 5U f'd'neza (,&00,) .fue reten~da~l lipo uno El cincuent" centavos de
mencionados, ya que utilizando esa base eh visto innumerables piezas para esle tipa y c"le- El diseno de esta mone a era e mlsmo corn . .' I I. ~ 5 eI
goria. Personalmenle yo piensa que esla moneda deberia estar en unil categoria de $40.00 il 1918 se ha vuello m"y dWcil de localizer en hrillante sIn circular y en os u hmos ano
$50.00 en Brillilnte sin circular.
1919' s~~s~~e~:~c~~~a~::~~s,I~:~:~c~onn'potendal exceIente en un futu:o no muy lejano ya
VEINTE CENTAVOS TlPO SIETE 1971-1974 sea para cl colcctionista de tipo 0 el de fechas, si los pueden consegUlr.
l
El peso Morelos 1947 'Y 1948, Finalmente a dejado de ser moneda para atesorar en DOS PESOS 1921 "VICTORIA"
brillante sin circular, sin embargo en condicion circulada siguen siendo derritidas por su Considerada una de las mas hermosa.s monedas conmomerativas de Mexico es el dos
contenido de plata. :;o~ de ~ata 1921. Esta moneda fue aculiada en conmomeradon de la indepe~dencia de
XICO so re ESp"i'ia in .1821. La. moneda fue aculiada en .900 plata fina y siempre a sido
UN PESO TIPO CINCO 1950 ext~emam~te popular. P,ezas estnctamente brillante sin circular son dificiHsimas de localizar
y p,ezas b,en troqueladu (monedas del agulla) dominan entre so% a 100% mas de 10 que
P.ua tener una moneda de peso, despues de la devaluacion en 1949. un nuevo tipo fue
ensei'ia el catalogo de precio. Uno debt de tener euidado de que muchas de estas monedas
acui'iado. Esta moneda tambien fue reducida en su contenido de plata 'Y peso, a .300 fino y
h, '"I 'd'"'ddo las plumas regrabadas en la rodilla para subirlas de predo, sin embargo, son
13.333 gramM respectivamente. El peso nuevo 19SO, representoiba un busto de Morelos, vien- aCI e etectar con la ayuda de una lupa.
do a su izquierda. . Grados drculados en esta moneda son comunes, sin embargo, hasta ellas timen un
Esta moneda es todavia cOmun en brillante sin circular 'Y circulada, pero las piuas sin
circular estan siendo regresadas 'Y las piuas circuladas estan Ilendo alas calderas. preclO algo alto en relacion a su plata por el hecho de su rueu y gran popularidad al-
rededor del mundo. Yo creo que aun en 105 grados circulados, sus preeios se mantendran mas
o menos. estab!es en los. siguientes anos, pero, en monedas cuyos grados estan sobre ex-
UN PESO TIPO SEIS 1957 celente f",o, slguen sublendo y coma escribimos esto, se estan haciendo mas dificiles de
En 1957 marco (>1 pI imer siglo de la conslllucion mexkana de 1857. En conmemoracion cncontrar.
de este evenlo, el gobierno mexicano aCllfio una serie de monedas de plata y de oro. Escalan-
do desde el peso constitucion, a e1 dncuenta pesos oro cCll\stiluci6n represenlando a Benito
I
CINCO PESOS TIPO UNO 1947-1948 "CUAUTHEMOC"
Juarez 'Ya que el fue instrumental, en la adapcion de la constitucion de 1857.
Todas las piezas constiludon fueron aCIli'iaciones baias. El un peso fm\ la mas alta
acui'iacion y heeha en .100 plata fina. (una reduccion mas en cl peso de plata.) Estas mone-
das recibieron amplia circulacion durante los ai'ios aunque tuvo la mas grande acui'iacion de
I ~n 1947 Mexico acuno su primera moneda de cinco pesos. Los cinco peso Cuauthemoc
provarlan ser una. de las coronas mas populares en 1'1 mundo en 105 anos venideros ya se;
por su her~oso dlsei'io (el relrato de Cuauthemoc, lefe A:deca en traje de guerra) 0 por su
las tres monedas conmomerativas de plata (un peso, dnco y diu pesos), es, en mi opinion, allO contemdo de plala y peso (.900 plala y 30 gramos). La severa devaluaci6n del peso que
la pieza mas escasa de las Ires para localizar en estricto brillante sin circular. La rawn por ~f~tara tanto a.la .moneda mexicana, lambien afecto a el Cuauthemoc. Por la deva[u~cion
esto es que el cinco y diez pesos constitucion fueron ahorrados y acumulados mas que el e. 1949, la a.cunacI?n de estas monedas llego a un alto y el gobiemo mexicano empezo a
comunmente visto peso, por su tamafio, conteniendo mas plata y acui'iaciones mas pequenas. qUltarlas de clrculaC1on, aunque muchos miles, sino millones, de estas monedas fueron ahor-
Asi como el cinco y diez pesos constitudon, son faciles de encontrar en brillante sin radas y acomuladas por su exlremo valor de plata y utiliuda como metodo para acomular
circular, el un peso constitucion ~ esta dificultando encontrarlo en esa condidon. Yo crl':Q Durante los alios, literalmente toneladas de estas monedas se han derrit·". .... I"~ .
menle h d . _ ' r, u lma-
que ya viene el dia en que el peso constitucion en estricto brillante sin circul.u dominara ,se a para 0, ya que Inversloni'las y coleccionistas estan pagando de $1.50 a $2.00 50-
precios mas altos que cl cinco pesos y ultimamente algunos comerciantes los han estado bre ~u va~or de plata por pieza sin circular. Los cuauthemocs, todavia no tienen, un valor
vendiendo a un precio mas alto que el cinco pesos. numlsmahco grande, cosa que, vemos nosotros, cambiara en los proximos afios.
Las monedas circuladas de esta moneda no son muy allractivas dado el hecho que se . Cantidades grandes no han sido inpedimiento, porque a habido una demanda con-
ponen un color cafe-amarillo que obtienen por el alto contenido de cobre y niquel y son muy tlllua .con este excelente Forma de dinero fuerte. En el presente la fecha 1947 se esla pagando
dificHes de vender 'Y que nadie las quiere. Casi lodos 105 comerciantes compran las circuladas aproxlmadamentc un 10:0 mas que la fecha 1946 ya que cuando hemos examinado balsas
de esle serie por el contenido de plata lIIlicamente. de ellos, hallamos aproxlmadamente uno de cada diez fechas 1947 sobre la 194.8.
"
I
monedas circularon ampJicamente y por los ullimos ocho anos han sido deritidas en canli-
CINCO PESOS TlPO CUATRO 1951-1954 HIDAtGO-CORONA DE LAUREl dades grandes por su conlenido de plata. Evidenlemente, enmedio de el numero que fue
Despues de la devaluaci6n del peso en 1949, Mexico fue fonado a producir un nuevo circulado y aquellos. Que fueron deritidos, 105 brillantes sin circular se han hecho dificiles
lipo de moneda en la denominacion cinco pesos, que remplazara a et Cuauthemoc .900 plala para obtener en cantidad y los comerciantes eslan notando una demanda fuerte por monedas
fina. El nuevo lipo de emision impezo en 1951 cuando se intredujo et Hidalgo, corona laurel en eslc grado.
de cinco pesos. El ano 1955 es la mas escasa de las dos y se esta pagando como $.75 mas por moneda
Esle nuevo cinco pesos lenia cl perfil de Hidalgo con el aguila nuca lorzida y se hizo en briJlanle sin circular, que la 1956.
parte de el nuevo disei'io establesido en las monedas de Mexico de esta era. El cinco pesos
de Hidalgo, corona de laurel. con la excepci6n de el escaso 1954, probablemenle cs derritido D1EZ PESO TIPO DOS 1957 CONSTITUCION
por su contenido de pIa ta, mas que cualquiera otra moneda de Mexico en esle tiempo. Esla fue la lercera y ultima moneda de plala conmemorando el cenlenario de la con-
En 1954, el gobiemo mexicano empezo a darse cuenta de otra posible devaluacion slitucion de Mexico. El diez peso conslitucion fue el mas bajo en acunadon (100,000) de las
venidera y una razon fueron los aliOS precios de la plala, asi fue como la produccion luvo tres monedas de plata conmomeralivas. Esta moneda, como cl Ferrocaril de cinco pesos, siem-
que suspenderse en el cinco pesos Hidalgo. Eslo explica la acunacion lan baja de solamenle pre a sido muy popular enlre coleccionistas y inversionistas, coma lambien, a ensenado un
30,000 piezas en 1954. Sin embargo esla moneda lodavia es facil de localizar en brillante sin crecimicnto muy respelable duranle 105 ullimos diez anos. Manlendra esa linea de crecimienlo
circular por que duranle 105 anos varias acumulaciones diferentes de briIlanle sin circular por ser una moneda de necesidad para coleccionislas de "lipo" y ya se volvio en demanda
han aparecido en e: mercado. en paises extranjeros como moneda para inverlir.
El cinco pesos Hidalgo, 1954 es una moneda popular, semi~c1ave y parece que hay
Eslas monedas son normalmenle hayadas en condiden sin circular, casi sin circular y
Una continua demanda por ella. Yo espero que 105 precios de esla moneda avancen modera-
normalmente no son dificiles de locatizar.
damenle durante las siguienles anos. El cinco pesos Hidalgo, laurel, en brillanla sin circular,
joya, se esla volviendo un poco dificil de localizar por las grandes cantidades que han sido
derrilidas, la circulacion amplia que esla moneda vi6, y la gran cantidad de piezas que DIEZ PESOS TIPO TRES 1960 MADERO·HIDALGO
tienen marcas de bolsa. En 1960 Mexico acuno su primera moneda conmemorando a des patriotas. Esta moneda
conmemorando a la revoluci6n mexicana de 1910 y la guerra de su independencia de Espana
CINCO PESOS TIPO C1NCO 1955-1957 HIDAtGO CHICO en 1810. Un relrato doble de Hidalgo y Madera represenla la moneda. Asi coma las
demas monedas grandes de plala de esa era, eran abundanles en los 1960's, pero, re-
Por el hecho de la devaluacion de cl peso en 1955, Mexico, reduci6 su cinco pesos de dentemenle han desaparecido del mercado en pasos tan rapidos que cantidades bri11anles Sin
plala, lanlo en lamano como en peso. El cinco pesos Hidalgo "chico" coma es Uamado circular se estan haciendo dificultosas de localizar.
comunmenle, reluvo su fineza de .0720. Piezas circuladas de esla deble conmomeracion han sido derrilidas sobre los anos por
Esta moneda recibio una circulacion amplia y piezas en brillanle sin circular, man- su allo valor inlrinsico, sin embargo, grandes canlidades de especies circuladas raramenle
lienen una prima adicienal sebre su cenlcnide de plala. El diseno fue cambiade, ya que eran disponibles, ya que esla moneda no circulo enleramente por su popularidad, polencial
quitaron la corona de laurel alrededer de el relralo de Hidalgo y una inscripcion fue anadida como inversion, y la inmediata prima sobre su valor cara, que domin6 en brillante sin circular
al igual que cl Hidalgo, laurel, cantidades Iremendas de esla moneda han side deritidas en despues de su liberacion.
los ultimos anos por su conlenido de plala.
D1EZ PESO TIPO CUATRO 1974-1975
CINCO PESOS TlPO SEIS 1957 CONSTITUCION En la ultima parte de 1974, un nueva moneda de diez pesos, siele caras, hecho en cobre
Esta fue la segunda denominaci6n de la serie conmcmorando el cenlenario de la y niquel, fue anunciado por la casa de moneda en Mexico y de acuerdo a varias fuentes de
conslilucion mexicana, Esla moneda al igual que cl peso y diez pesos, deslacaba a Benilo informacion, eslaba programado para liberacion en Enero 1, 1975. Hasla Mayo 8, 1975, de
Juarez como parte de su diseno. acuerdo a fuenles Hdedignas de informacion, las dos fechas 1974 y 1975 de diez pesos han
El cinco pesos conslilucion fue acunado en plala 0.720 fina y no fue tan circulada como sido acuiiadas, sin embargo, no han sido liberadas y de acuerdo a una fuenle en la Cuidad
el peso, dando coma resultado que piezas brillante sin circular SOn facil de localizar. Como de Mexico, lodos 10> diez pesos 1974 han sido retirades.
todas las piezas constilucion conmomeralivas, esla moneda tuvo una acunacion relativamente En pocas palabras, una cantidad lremenda de aClividad especulaliva esta ocurriendo
baja, 200,000 y siempre a sido una pie?a muy popular. en el presenle, sobre eslas monedas y al mismo tiempe, canlidad de personas eslan lralando
Por su baja acunacion y popularidad, uno podra esperar que su precio suba modera~ de localizarlas. Yo se de una persona en las ullimas semanas que ofrecio pagar $800.00, nada
ramente cada ana y pienso que es una buena inversion por su hisloria y esladisticas. mas para comprar un diez peso 1974,
AIgunas de eslas monedas, han salido fuera de la casa de moneda ya que yo se de
lres piezas. Sobre si el gebierno mexicano relirara lodas, 0 si las liberara, solo el tiempo nos
CINCO PESOS TIPO SIETE 1959 CARRANZA dira. Si deciden no liberarlas, claro esta, una rareza instantanea se cteara, pero al mismo
En 1959 Mexico emitio un cinco pesos .ono fino moneda de plala conmemorando el tiempo, si liberan eslas monedas, so!amenle unos pocos perderian una cantidad de dinero, ya
cenlenario de el nacimienlo de Venl.lstiano Carranza. Esla moneda tenia las mismas carac- que la mayoria de la gente que yo eh hablado, a pagado de $100.00 para arriba, por el diez
terislicas fisicas come cl Hidalgo Chico, sin embargo. El diseno deslacaba el relralo de pesos 1974 con el enlendimienlo que eslan tomando un riesgo calculado.
Carranza y en el reverse la fecha destacando el ano 1959. Esperamos que esta moneda no sea otra como cl veinticinco cenlavos de 1966 de Mexico
Particularmenle, esle dnco pesos vio una circulacion exlensa, a e1 punto que piezas de y JOG efeclos que luvo en 105 colcccionislas mexicanos.
brillante sin circular en cantidad son algo dificil de localizar. La pieza Carranza, al igual
que las olras piezas de plata en grado circulado, esla siendo derritido por su conlenido de VEINTIClNCO PESO TIPO UNO 1966 OLlMPICO
plata. . . En 1968, para conmemorar los juegos olimpicos, que se celebrarian en la Cuidad de
MexICO, el gobierno mexicano emitio una moneda de veinticinco pesos en observacion de
D1EZ PESO Tiro UNO 1955-1959 "H!DALGO GRANDE" eSle_ evenlo especial. la moneda de veinticinco pesos fue disei'iada por Lorenzo Rafacl y fue
acunada en 0.720 plala fina, Casi 30,000,000 de estas piezas fueron acunadas y dislribuidas
El ano 1955 vio a Mkxico producir la primera moneda de diez pesos de plata. El
conc'ensudamente por el mundo para promover 105 juegos olimpicos en Mexico.
diseno era similar a el cinco pesos Hidalgo Chico y fue acunado en .900 plata fina. Eslas
60 61
L
l
la, propiedades fi,icas de esla moneda fueron con,ideradas cuidadosamente por el LA PREGUNTA SOBRE REACUNACION
gobierno mexicano antes de la acufiaeion porque no querian produeir una moneda de plata
que fuera relirada inmedialamente de eircu!aeion por su valor intrin,ico, siendo esa la razon Muchas preguntas se han hecho en los ullin105 anos, sabre la reacunadon de monedas
de la reduceion en sus propiedades fi,icas, en comparaelon de el peso mexicano de diez mexicanas de ora. De esta~ preguntas, han venido muchos rumores, males inlerpretadones y
peso, plala. medias verdades, en 10 que concieIne a la poBza de el gobierno mexicano sabre reacunacion
Tre, variedades di,tintas fueron descubierta, en el veinticinco pesos olimpico. Varie- eslo a lenido un efecto perjudicial en dertas emisiones en la serie de ora de Mexico. Des-
dad uno, siendo la rnas comun, variedad dos siendo poco escas;> y variedad tres siendo la mas pues de ciertas discretas preguntas personales y informacion interna, que se me ha pro-
rara. La variedad uno, es distingible por 105 tres <lrOS superiores alineados. Variedad dos porcionado ami, espero que al lerminar este articulo, adare todas las malas interpretaciones
exhibe el aro central mas bajo sobre los einco ;>ros de el simbolo olympico. La variedad Ires que has salido por [a reacunacion mexicana.
exhibe las mismas caraderisticas, sin embargo, variedad dos y tres son dislinguibles por En este momenlo, [as unicas monedas que la Casa de Moneda en Mexico esta re-
otras dos caracteristicas, la lengua en la serpienle en la variedad dos es completamenle de- acunando son el dos pesos 1945, dos y medio 1945, cinco pesos 1955, diez peso 1959, y el
recha y cs facilmenle visible a donde en la variedad tres, la lengua de la serpiente liene una eincuenta pesos 1947, lodas estas en oro nalura/menle. l'or el momento, niguna otra moneda
curva en el1a. Olro melodo de distinguir variedad dos sabre tres, es viendo 105 anillos olim- de ora esta reacunandose con excepci6n de las ya mencionadas. Tambien cs interesante
picas en variedad dos, donde hay un pequeno espaeio en las ataduras y en la variedad tres, anotar que dado las limitaciones en liempo y equipo, [as monedas ya mencionadas, no pue-
("stan compklamenle "tildos, den ser acunadas simultaneamente. Come ejemplo, la Casa de Moneda de Mexico lendria que
En la secci6n guia de este volumen, fotografias ampliadas ilustran las diferenles acunar monedas de cincuenta pesos 1947 oro, por tres meses y despues converlir su equipo
variedades para el ledor. Dado cl hecho, en el alza tremenda en los predos de plala enlre para acunar monedas de dos peso si hay ordenes atrasades de ellas 0 si existiese otra rawn
1972 a 1974, la moneda olimpica a crecido a un punlo que puede ser ya provechoso denililas para acunarlas. Un ejemplo primordial de esto fue durante cl mes de Enero y Febrero, habia
por su conlenido de pia ta, sin embargo, unicamente piezas eirculadas parece ser, por el una escases exlrema en el dos pesos oro y una abundancia de cincuenta pesos sobre el mer-
momento, son las unicas que se estan derritiendo. cado de oro, El pordenlo sabre peso ora en cl dos pe;;os empezo a subir dado el estado en
A principios de 1974 a Japon las empeze a gustar esla moneda y c;>ntidades tremen- que estaba el mercado. En cl mes de MaTZO evidentemente la produccion habia sido resumida,
das de las Ires v"riedades fueron vendidas y exportadas a comereianles Japoneses. Esta de- ya que cantidades fueron disponibles, una vez mas, en las fronleras.
manda tremenda, fue el faclor principal de que la variedad dos y tres se doblaran en preeio La Casa de Moneda de Mexico, en los ultimos anos, ha reacuiiado las siguientes mone-
y piezas en briJ1ante sin circular de la varied;>d una, en cualquier cantidad, se hizo dificil
das, con una base extremamente limitada. En el conocimienlO del autor, estas monedas no se
de localizar en comparaeion de anos pasados. Par el tiempo, los precios se han mantenido han reacunado durante 105 ultimos Ires aiios con la posible exepcion de el dos y dos y media
eslables en las Ires variedades y aun que la demanda Japonesa a decaido. la demanda par oro de 1944.
otros lados manliene e51e mercado activo.
1944 Dos Pesos
1944 Dos y Media Pesos
ACUNAMIENTOS DE ORO 1943 Oncuenla Pesos Aproximadamenle 10,000
reacuiiados
Como parte de la Reforma Mondaria en 1905, Mexico, hizo un emision de cinco y
diez pesos ora con la cara de Hidalgo (la primera moneda estandard con cl retrato de un pa- 1944 Oncuenta Pesos
triota) la razen basica por la acunacion de monedas en oro en este tiempo fue para que cir- 1945 Cincuenta l'esos
cularan par cl peso de plata y al mismo tiempo, respaldar su moneda con oro y asi crear una 1946 Cincuenta Pesos
base mas fuerte para el peso mexicano en cl mercado exterior. Uno notan\. que por muchos
anos, la producd6n de oro en Mexico circulaba mas ampliamente durante las diferenles Sabre la creeneia de mucha genie, ninguna de las primeras fechas de el oro mexicano
crisis de la plata. se han reacuiiado, esto induye todas las denominaei6nes en cl ora mexicano (dos al cin-
Coma ejemplo el eirculo inflacionario de 1917-1920, la plata reaceione subiendo a una cuenta pesos) fechados anles de 1931. De acuerdo a una conversaeion reeiente que yo tuve
altura de $1.37 la onza en 105 cambios especulalivos despues de la primera guerra mundia!. con un ofidal de la Casa de Moneda, todos 105 troqueles de las series ani cs rnencionadas
La gente de Mexico alesoro cantidades lremenda5 de monedas en pia ta, por la desconfianza han sido destruidos y el conflrme mi creenela sabre la p6liza de no reacunar ninguna de las
que le tenian a el dinero de papeL Duranle este periodo, Mexico acuno nuevas monedas de primeras fechas mexicanas de oro.
dos, y medio y veinte pesos oro, para que la economia pudiHa continuar. Sabre las medallas conmomerativas de Mexico en oro, la Casa de Moneda liene 10-
Despues de la fiebre especulaliva de esta era termino en 1921, Mexico para la pro- davia en su posesien los troqucles originales de aproximadamenle 90% de la serie con-
duccion de loda su moneda estandard y convirlio todas sus facilidades de acunacion a cl momerativa de oro fechadas antes de 1950. Esto fue anolado par observaden personal par
famoso cenlenario como comunmenle se le dice a el eincuenta pesos de oro. El gobierno en el aulor y cl Senor Dick Parker de Albllquerque, Nuevo Mexico, cuando estaban visitando
realidad, no necesHaba acunar e5ta moneda para las lransaceiones diarias, pero, la acuno la Casa de Monedas en Marzo de 1974,
simplemente con el proposito de cambio en lransacciones grandes y para mantener el peso Coma escribiamos esle calologo, una i!Cumu[acion a nuestro parecer demasiado grande
en una base firme y apayado con ora. de dos y media 1944 pesos oro, (aproximadamenle 700 piezas) aparecieron en el mercado.
En 1931, la produccien fue parada en toda, las moned"s de ora, par la depresion Dado el tamai'io de esta acumulacion, la pregunta de una redente reacuiiaeion nos viene a
mundiaL La producdon fue resumida en 1943, en la denominaeion cincuenta pesos y en el l~ menle, E[ valor en estas piezas se cayo de aproximadamente $65.00 por moneda a $25.00
siguienle afio el dos y dos y medio tambien fueron anadidos. La produecion fue nueva- par moneda. Una cosa debemos de tomar en eonsideracion, sobre la subita aparicion en cl
men le parada en 1947 en el cincuenla pesos y en 1948 en el dos y dos y media pesos de ora, mercado de esle gran numero de dos y media pesos fechados 1944 de oro, es que los oHelal-
sin embargo, desde 1949 todas estas ultimas monedas han sido reacun;>das (ver se((ion sabre es en la Casa de Moneda siempre han sido muy reservados en sus acciones en relacion a
~as reacunaciones de Ias ya sabidas escasas y monedas raras de Mexico, asi que en mi opin-
reacuiiaeion) en diferentes c... nlidades.
El dos pesos de 1948, liene una aCllnacion de 45,000 segun el oficio de la Casa de Ion, este gropo de monedas, descubierlas, son de una lemprana reacunaeion de esta moneda
Moneda, pero, no hay, que se sepa hasta ahora, especies genuinas en exlstencia. Evidente- que fue alesorada par unas personas. '
mente estas monedas fueron derrilidas en la Casa de Moneda, anles de ser liberadas. En Este grupo de aproximadamente 700 monedas, me la han ofrecido Ires individos
1955, un cinco pesos ora fue aeuiiado y en 1959 un diez y veinte peso ora fueron acuiiados. diferentes y lambien, en loles diferentes. Despues de una investigacion mas a fondo
Todas eslas tres monedas han sido reacuiiadas y lodavia continuan haciendolas. enconlrado que son dos gr"pos diferentes 105 duenos de eslas monedas.
62 63
VARIEDADES Veinle Centavos
(
1907. 7 curveado y 7 normal
Las variedades son las monedas aculiadas de un tipo de Iroque], de el cual un juego 1919: Grande y chico 5igno de ceca [la pequefia es realmente muy chica)
es diferente de los otros de el mismo tipo y fecha de esa serie. las variedades pueden dis- 1930: 0 alia, estimaria que saldrian aproKimadamentc menos de 4%)
tinguirse en dos dases, mayor y menor. las variedades son tal, que son facilmente distin· 1930: 0 normal '1 0 alia (eslimaria que saldrian menos de 1%)
guibles por una Tazon obvia, tal como troquel quebrado, sobre fel:has, posicion de f«has,
letras, estrellas, etc. etc. Las variedades menores pueden c1asificarse como las de arriba, Cincuenla Centavos
pero nel:esHan una inspeccion mas meticulosa para hallar la variacion. 1930: Tres aprelado (el 3 toca a el 9)
Las variedades siempre han mantenido un lugar muy importante en la numismatica
'1 como todo olro tipo de moneda, varios dentos de variedades eKisten en la moneda meKi- Cincuenla Cenlavos
cana. Tuve la ayuda de el Sei'ior Frank Schulman de Baltimore, Maryland (pTObablemente 1907: :; curveado, dereeho y bajo
el individo mu conocedor en la material de variedades Mhico moderno ahora) '1 hicimos 1913, 3/2
una lisla de varias de las mas importantes '1 los lipos nuevos descubridos en las variedades. 1913: 13/07
En esto~ Hempos, una li5:a cornp:",ta d", \'ariedades s"'ria muy improbable de juntar, la mayor 1959: Yo creo que el 1959 original tenia un diseno en la
r..zon es, nadie tiene una idea de cuantas realmente eKislan. Asi pues, seria injuslo tralar de frente 0 uno de 105 troqueles 10 tenia y cuando
adivinar los preeios de eslas monedas. Esperamos que en 105 siguienles plOr de alios, mas eso fue decubierto fue pulido para remover el disefio
informacion sera posible, para asignar la rareza a esle tipo de moneda. y asi conformar con el disei'io original. La posibilidad
de aeufiacion pobre pareee ser insignificanle
Un Centavo considerando la fuen:a a Iraves de la moneda. Esta
puede ser una variedad significanle comparada a
1906: Corta y ancha fecha digamos a ellipo uno, dos y Ires • veinticinco pesos.
192<4: 4 sobre 3
Un P~
Dos Cenlavos
1910: 0 bajo segundo 1 alia
1906: Corta y ancha feeha 1913: Fec:has gordas y delgadas (espe'Cialmente el 13)
1906: 6 sobre 6 invertido 1913/2: Cualro variedades distintas de 50bre fechas
1926: 6 gr,tnde sob~ 6 chico 1914: Eh visto dos buenos 1914 que pareeen sobre
fechas (1912-1913) pero estan lan debil que no
Cinco Cenlavos puedo decidir por uno 0 OtTO lado.
1906: Coria y ancha fecha 1920: 2 sobre 1
1906: 6 sobre S 1933: Troquel doble en el I (eso es 10 que '10 llama amplilud)
1911: Coria y ancha feeha
Cinco Peso
1912: Grande y pequei'io signo de ceea
1928: PequenlO fecha y luga feeh.. 1951: Serpiente sin lengua (probablemenle el troquel se lapo
pero la fotografia enseiia 10 impresionante que es la
1929: Grande 29 50bre chico 29
variedad y podria ser comprada, con el 1922 piano.
Tambien se puede dislinguir 1'1 2 Y el 9 por
Quien sabe cuanlo alencion traera.
el heeho que el pequei'io 9 tiene mas chico de
abajo de 9 Vienlicino Pesos
1930: 0 normal y 0 cuadradlO
01lmpica Tipo Uno: Aros Normales
1934: 4 grande sobre pequei'io Olimpica Tipe Dos: Aros bajos y anillo cerrados (lengua cerrada)
1954: con y sin punto atras de cabeza 01lmpica Tipo Tres: Aros Bajos '1 anillos con boquele (Iengua curvada)
ROlacion de Grafila 0 Canto
Diu Cenlavos
En 10 dncuenla cenlavos, peso, cinco peso, diez pesos '1 veinlidnco pesos, en series
1907: 7 sobre 6 dislanlas, si usled revisa el canto pedra ver que se podra leer de izquierda a dcrccha 0
7 derecho '1 7 curveado dcr«ha a izquierda asi que, delcniendo la moneda enlre los dedos con cl lado de el aguila
1910: Segundo 1 sobre 0 Tipo A - 9 Normal fuera de la vista, podra diferenciar estu variedadu, en algunos casos la cantidad de rota-
Tipo B - 9 Abajo dones es bastanle notable.
1911: Fecha cerca y lejos
1925: Tipos muliples d'" sobre fechas, se pr",sume que en
1925 fue originalmente recortado sobre un !roquel
de 1919 sobre uno de 1923 el cual nunca se liber6,
el cual dlo. Tipo A - 1925/3
Tipo B -1925/13
Tipo C-1925/9
Tipo D -1925/19
Tipo E .1925/2 sobre I
1930: 0 alta
1930: 0 alta y 0 normal
64 65
L
INFORMA(ION SOBRE ATESORAMIENTOS
Tipo Seis 1954 con punlo y sin el
l
En 1965, yo personalmente le compTe a el Sargenlo CilJespeso de McAllen, Texas un cumulo
La siguiente seccion de esle volumen concierne a cienlas monedas de Mexico (lanlo
comunes como escasas) de cual cantidades 0 acumulaciones han sido descubiertas. So[amcnlc
I personal de cincuenla monedas, con punto y cincuenla sin el, l'n brillanle sin circular a $2.00
cada una. Esla acumulacion fue Hquidada por mi en un lermino de dos semanas entre colec-
nos Iimitaramos en piezas que normalmenle no son disponib[es. En muchos C<lSOS, por cl cionislas y inversionislas. AIgunas piezas brillanle sin circular son ocacionalmenle of recidas
monle de monedas descubiertas. ha lenido un efeclo delerioranle en el precio de las monedas en cl mercado y probablemente algunas son de estas cien piezas. Esta moneda es todavia
ya sea lemporal 0 permanenle. exlremaml'nle dificil de conseguir en brillanle sin circular.
Algul1as monedas de estos all'soramienlos, fueron sacadas del mercado muy rapida-
men!e. por la inlensa demanda l'n ellas, sin embargo, en [a mayoria de 105 (asos, siguen (>n DIEZ CENTAVOS 1914
cl mercado despues de ciertos anos. Primordialmenll' l'sla seccion hablara sobre [as re-
cienles acumulaciones descubicrlas (chicas y grandes) y canlidades de monedas, fechas Durante 1'1 ultimo ano, diez rollos en brilIante sin circular diez cenlavos del, '14 fueron
recienles, que salen frecuenteml'nll'. of recid os en 105 ESlados Unidos y Mexico. El precio no 10 ha afeclado mucho. Aun que
canlidades pequenas pueden ser adquiridas de comercientes mexicanos.
Tip<> Tres
Tipo Tres
Tipo Tres
1922
1924
1929
P)
(15)
( S)
I CINCUENTA CENT A VOS
Tipo Do< 1918
Tipo DO> 1919
CINCO CENTA VOS Tipo Tres 1920
( 7) Tipo Tres 1925
Tipo 005 1916
Tipo Dos 1917 ( 7)
Tipo Dos 1918 ( 7) UN/PESO
Tipo Dos 1919 (10) Tip<> U"O 1911 Rayo/Corto
Tipo Dos 1924 ( 8) Tipo U"O 1914
Tipo Dos 1931 ( ,) Tipo Cuatro 1949
68 69
FALSIFICACIONES CINCUENTA CENTAVOS l
1908 Otra mas aHamente falsificada con fecha allerada ultimo numero de 1905-1907
El proposilo de esta secci6n, es ayudar a el numismalico promedio, 0 prim:lpianle, en quitado y ocho agregado.
l.1 detecci6n de falsificaciones de las monedas modernas de Mexico. Uno notani. que el 1916 Falslficada con fecha alterada, ultimo numero de 1912-1917 quitado y cl seis
melodo utilizado mas frecuenle es alterar la fecha de una moneda comun a la de una fecha anadido.
rara de el mismo Iipo. Esto, en cierto modo es aforlunado, en 10 que respecta en condiciones
1918 Altamente falsificada _ ullimo numero de 1912-1917 qUltado y el ocho aftadldo a
normilles, una moneda con fecha alterada es mucho mas facil de deteclar que una vaclada, la ftcha. Aproxlmadamenle 1'1 50% de todas las monedas de clncuenla centavos de
fundida 0 acui'iada. 1908, 1916, Y 1916 que eh vislO son falsas.
Cuando hay una pregunla en referencia a la autenticidad de una moneda, slempre,
c1aro esla, es mejor tener una idea basica de que es 10 que tiene uno que buscar primero y
segundo como encontrarlo. En monedas, las cuales sus fechas son frecuenlemente falslfica- UN PESO
das, es mejor tener una luz fuerle y una lupa de aumenlo fuerte y bueno. Cuando usted 1914 Olra mas altamente falsific:ada, el ultimo numero de 1910-1913 de el peso c:aballilo
Irabale con monedn el cual ya se sabe, alleran sus numeros, revise cUldadosamente con la cs quilado y 1'1 cuatro agregado - tambien eh visto monedas fundldas 0 vadadas.
ayuda de la luz y su lupa, los numeros el cual usted liene duda. Despacio y cuidadosamente, Aproxlmadamenle el .50% de lod05 los caballito del 14 que me han ofrecido son
Irale de enrontrar signo~ de exeso de melal 0 cualquier otro material alrededor del numero. falsificad05.
Revise cuidadosamente para ver si el metal alrededor del numero K de diferenle porosidad
1949 la moneda roas altamenle falsificada de Mexico - f«has alteradas con unas fun-
o color - si la moneda esta limpiada una examinadon mas minuci05a de la fecha en duda didas se ha" visto - normalmente eI side 0 el ocho es quitado y el nueve es
es neeesaria. Revise uniformldad de la fecha y compare individualmente los numeros los agregado a 105 morelos del 1947 y 1948. Con la ayuda de un lente potenda 10 0
cuales Ilenen que ser Idenlic05 de tamano. En referenda a monedas fundidas 0 acunadones mils en todes las especies genulnas, una pe<juefia sena 0 indentadora en la c:urva de
falsificadas, la persona examinando las monedas debe de buscar senas de vadado (fundido). el ullimo nueve sera visible.
globitos oh detalles pobres en el melal de la moneda. Usualmenle eslos pe<jueftos hoyilos 0
burbujas estaran en el area alrededor de las Ktrellas, dentro del canlo 0 gr!fila de la moned",.
Si su moneda ensena alguna de Ktas peculariedades, 10 mas seguro K que usled tiene una le dam05 las gracias a cl Senor H.S. Vlan de laredo, Texas por el siguienle
moneda mal",. Generalmente lineas de presion 0 maquilacion en un", moneda, le dan a uno Articulo en relacion a un melodo nuevo sobre deleccion de monedas falsiflcadas.
indicilcion sobre 51 la moned", K genuina 0 no. porque yil iI sido posible, gradas a la Con algunas excepciones c:asi todas IllS monedas mexicanQ!; modernas no lIegan. a una
expancion y nuev", tecno!ogl", de nuestro n",m",do amigo "El Falsificildor'" de incluir es.iIIS categorla i1lta que justifique falsific:arlas por la via mas sofisticada, lal como eroSIOn de
lineas en lu monedas blsifi",dils mas sofisticildas. Un modo mas sencillo de ver las fuego oh lecnica de duplicadon de Iroquel. Asi que por la mayor pariI' u.no pued-e Kperar
lineas de maquilacion genuinas sobre las falsas K viendolas sobre la luz, es decir, las lineas encontrar copias fundidas 0 vaciadas a presi6n centrifuego 0 con alteraclon de fechas. la
genuinas refle]an luz en comparadon de las falsas que no reflejan luz en ellas. Cerrando ultima es usualmeote deleclable con un examinadon cerca y cuidadosa en luz fuerle y un
como regia gener",l, slempre es bueno sabre con quien se hace negocio porque un comer- lente 20X, Aun que, con materiales moldeados y bien granuladQ!; una buena presion centri-
ciante con inlegridad y conocimienlo K la mejor proleccion que usted pUede lener sobre fugal, la moneda fundida puede ser muy dific:il de detectar en inspecdon visual. Pruebas
monedas fillsas y cuando las compre, vealas bien y largo y sobre lodo sus especies genuinas lales coma "sentir la moneda y oir su sonido" raramente prueban algo. Generalmenle el
de cerea, para que usled aprenda y conozca las caracleristicas especiales de su moneda y colecdonisla "promedlo" 0 sea 1'1 que tiene paco liempo en este hobby no tienen el ent~e~il;
asi de eR modo en 1'1 futuro In f",lsas seran identificilbles mils facilmente por las diferentes mlenlo 0 la Instrumentacion para c:onducir buenos exprlmentos sobre grav~ad esp~~CJf.JCa,
carilcleristicas obvias de su moneda genu!n3. peso y pruebas de medidas, aun que eslas no son particul~r?,ente 0 necesa.namenle mdlca-
llvas en el caso de Kpedes ya blen usadas 0 en la compos'Slon de toleranCla de metillK ya
lAS MONEDAS DE MEXICO MODERNO FALSIFICADAS MAS FRECUENTEMENTE manufacturados.
Sujetar una moneda a un grupo de expertos que liene~ loda las inslrumentaci~n y el
UN CENTAVO conodmienlO necesario, es usualmente muy C:05loso, demas,ado tardoso y consum,dor de
1916 Fecha alterada - ultimo numero de 1910-1915 ultimo numero quilado y se!s ana- tiempo para el colleccionisla de monedas. Uno se pregunla entonces, ,Que olros metodos
d!do - tambien el dos y el tres de 1926-1936 cenlavo y el uno afiadido. hay? Como fotografo profesional, yo eh fotografiado monedas por muchos, muchos anos
y eh aprendido uno cuanlos procedimienlS que podrlan ser estudiados y exprimenlados por
DOS CENTAVOS "Mecanicos de Cocina". Ejemplo - En monedas de cobre 0 plata busque per "Hoyitos" en
I
la superfide de la moneda y examinel! en magnlficadon alta. Si tal hoyo cs causado por
1905 Eh visto eslas dos falsas (aunque viSlas raramente), acunadas y fechas alteradas. corrosion sera aparenle que el hoyo curvee como una "V" hada abajo de la suferficle de u.n
El seis qUitado de la fecha 1906 y el cinco agregado. modo conico, formandose paredes hacia 10 delgado. SI las paredes tlenen un curvatura ~acl.a
1922 Fecha alterada con el ullimo numero de 1920-1929 quilado y el dos agregado. afuera un globo de presi6n cenlrifugal en fundici6n se podra sospechar. (sla es una Indl-
70 71
su moneda genuina y la que usted liene preguntas en la mania de alamhre 4 pulgadas FlCURAS HISTORICAS DE ME:kICO
ahajo de el hulho, prcndalo y calientelo por 5 minutos, despues tire las monedas en el CUAUTHEMOC
recipiente y lea las nuevas lemperaluras.
Yo descuhri la pruha que les acaho de dedr, sintiendo [a diferenda de calor de 2 Acendio a el trono de el imperio azteca en 1521, despues de la muerle de su hermano
monedas despues de prender la lu:/: para fotografiarlas. Si uno tiene dedos sensihles a cl Cuitalquac. Cuauthemoc fue el ultimo de los empcradorcs aztecas, ya que en Agosdo de 1521
calor, la diferenda puede ser aparenle sin los redpienles ni el termometro. Hernando Cortez capturo Tenochtitlan (la Cuidad de Mexico) despul.'S de cuatro meses de
historica y valiente defensa de la capital azleca Cuaulhemoc fue torturado por los Espano-
les para forzarlo a revelar, donde se localizaba el legendario tesoro azteca, pero, despues de
DETECClON AVANZADA PARA FAI.5IF1CACIONES dias de tortura y quema de 105 pies, fue soltado despuC5 de rehusar reveIar su cono*
dmiento de 1'110.
Nuestras mu sinceras gradas a el Senor Frank Schulman per el siguienle
articulo sohre su melodo de detrccion en un dnco centavo 1931 falsificado. Cuauthemoc siempre a sido una figura muy popular y bien pensada historic:amente
en Mexico ya que varias monedlls han sido disefiadas y nombradas para el. La mas notable
de ellas es el cinco peso de plata acui\ad.t en 1947 y 194&.
EEM-CON UN SUPLEMENTO MEDS·: UNA TECNICA SUPER SOFiSTICADA PARA
DEDUClR LA INTEGRIDAD DE PIEZAS
DON MJCUEL HlDALGO Y COSTlLLA (Hidalgo)
El perfecionamenlo de metodos para dete<lar monedu fraudalent/lS, nada mu h/lce
mejorar los metodos en el que f/lhrican pieus tod/lvi/l mas enganosas. Este autor h/l aplicado Hidalgo nacio en Mayo &, 1153 en cl Estado de Guanajuato. Durante su famosa
el sistem/l EEM-MEDS- (Modelo loeI SIMl;!JSM-U3-CON-MEDS) a el problem/l de asegurar- carrua academica, fue considerado un individuo brillanle y con gran penetracion en jas
se la integridad de un cinco centavos 1931 que, por instinto, no podia tener confi/lou sobre causas mundiales de su liempo. Despues de recihir su doctorado en leologia y ser ordenado
el resto de la 5uperficie, que se veia muy hien coma pieza exh/l Hna. en el Seminario de la Cuidad de Mbico, camhio de domicillio a la pequena comunidad de
Oolores en 1'1 Estado de Cuanajuato. En Oolores era muy apreciado por los grandes mejoras
La leoria de oper/ldon de este inshumento recal' mu /111/1 de 1/1 base en conocimiento
para la gente y tamhien el mejoramiento de su modo de vida. Como pasaron los anos Hida!-
par... colKcionist/lS, por 10 tanto, 10 que hace este "inslrumenlo" ser... discutido. Un EEM no
go se volvio mas y mas desencantado con el reinado Espanol y de tlefecto terrible que tenia.
es nad/l mas que un super mkroscopio C/lpaz de magnificar hast/l 3OO,OOOX. El MEDS l'$ un
en la genie de Mexico.
enl/lnze auxiliar que anaHu sin deslruir la superficie para composision elemenl/l!. Asi que,
para numismalica nos puede decir cuales metales estan presentes y cuanto hay de cad.. ele- Despucs de varias escaramuus c:on el gobierno C5p<tnol, el cual por poco 10 mandan
mento delect/ldo (fierro, oro, plata, cob re, elc.), Ademas, uno puede explorar cualquier punlo a la carcel, por causa de su animosidad sobre el rrgimen espailol, Hidalgo organizo a sus
de la superficie y comparar 1/1 comp05ision de cad/l numero en la fKh/l. seguidores y en Seplitmbre 16, 11110 se oyo el ramoso Crito de Dolores que empez6 la
Cuerra de Independencia.
En eI estudio sobre 105 cinco centavos 1931 el resultado enseno que la 5uperflcie
contenia un.t composis ion alia de al.ufre y lalil en composision de CA 20% pero unicamente En Marzo de 1&11, Hidalgo fue lraicionado por uno de sus seguidores y fue capturado
alrededor de la fech.t y particulannente cerca del Ires. Es posible que con esta unid.td se en UTlil embosc:ada. Los Espanoles tenian un odio muy ondo hada Hidalgo y fue ejecutado
pueda explorar y fotografiar una area (la fecha) para detectar un elemento. Una fotografia por un peloton en JuBo 30, 1&11. Despoh de su ejecucion, fue decapitado y su c...beu fue
de liempo con el deteclor pueslo a lata revelo Unil expan:ion sohre el tres. La fotografia Ilevada a Guanajuato y exhihida por aproximadamenle ocho meses coma ejemplo a cualquier
ensena en ella la concentradon de lata en la superficie y si hubiera sido ausenle (1,1 lata) olro seguidor revolucionario.
hubieramos lenido una fotogr/lfia en hlanco. Hidalgo lIevo a caho infinidad de cosas en su vida y es recordado como el padre de
Mexico. El fue el primer palriota que fue honrado en las monedas mexicanas y por eso,
La interpretadon de esos resultados sugiere con energia que la fecha fue altrrada numerosas monedas honoran sus valientes hazanas.
soldando los numeros requeridos, quitando el plomo (e1 olro ingrediente no encontrado en
canlidad subslancioSil en 1,1 pieza) ulilizando mercuric y retoquando ("on ilzufre. Este pre<e-
dimiento proporcion6 a [,1 moneda con alIa concentradon en la superficie de azufre y plomo DON JOSE MARIA MORELOS Y PAVON (Morell's)
concentrado diez veces mas que el c:ontenido en la alineacion del c:ospel (2.5%), sohre una
pieza genuina. Sin lugar a dudas, la moneda fue regresada.
l
DOl"jA MARIA JOSEFA ORTIZ DE DOMINGUEZ Carranza fue honrado en una moneda de cinco pesos conmomeraliva de plala en
1959. En donde Madcro, tiene su relralo en el hmoso conmomerativo dual moneda de diez
Dona }osefa fue la esposa de el Gobernador espanol colonial en uno de los ESlados pesos en 1960.
de Melo:ico. Por sus acdones, Hidalgo fue salvado en varias ocaciones, de parar su movi-
mienlo liberlldor. Dona losefa y su esPQso eran los dos, simpati7.adores del movimienlo de
independenda de Hidalgo. OOlla losda ulili:tando laclicas tales como ignorancia de con- BENITO PABlO jUAREZ
versad6n, dar escusas, y arresto (despues que la conspiracion fue denunciada oCicialmente) Juarez fue honrado con cinco monedas conmomeralivas (Ires plala y dos oro) en 1957
de solamenle subordinados pequenos de Hidalgo. Liberlad de movimienlo permiti6 a Hidalgo por el Gohierno Mcxicano por su O1yuda inslrumenlal en la adaptacion de la constitucion
hastante liempo para organizar su plan. La presion, empez6 a subir en relacion alas acti- de Mexico, cuando el fue Ministro de Justicia. !uare: subio al poder por su trabajo en 1.'1
vidades de Hidalgo. Estado de Oaxaca en donde fue electo Gobernador en 1847. Era un individuo allamente
Entendo que su esposa en muy abierta en sus acciones con el movimiento de Hidalgo, respelado PQr amigos y enemigos y er01 conocido por su sentido de imparcialidad en la
y esperando enfriar las cosas un poco, Dominguez puso a su esposa en arresto en casa. justicia. Indio pura sangre, fue elejido a la Presidencia de Mexico en 1858, en 1864, Na-
la revoluci6n Iba a empezar en Diciemhre 8, de U110, sin embargo, por culpa de in- poleon Ill. puso 01 Maximiliano en el poder, O1provechandose de problem01s polilicos de esle
formadores, el complol fue descubierto demasiado temprano. Hidalgo fue avisado que el pais.
complot fue descubierto, por Dona losefa y con la ayuda de su esposo, dilanlando el arresto Con inlervencion de los ESlados Unidos, las fuerus de Napoleon, fueron forzadas
de los seguldou:s d... Hldalgo hasta Septiembre 15, fue posible organizar su movimienlo de fuera de Mexico. Benito luarez puso una Irampa a el mililarmente dehil Maximiliano en el
Iibertadores y Hidalgo pudo dar su sermon famoso de Septiembre 16, 1810. Pueblo de Dolores· en 1867. Maximili01no fue captuudo y en jllnio 19. 1867 fue ejecutado.
Asi flle como luarez recupero 101 Presidencia de Mexico donde esluvo sin incidencia hasta
Dona joufa, por sus acciones fue encarcelada hasla el ano 1817 y murio en Ahril de su muerte en 1872. juarez es comunmente referido como el Abraham Lincoln de Mexico
1829, como una heroina virtualmenle olvidada y sin dinero.
por sus talentO$.
En 19U, 1'1 Gohierno Mexicano, en honor de su historica y valiente aclos, acuno la
primera moneda de Mexico con el relrato de una mujer en 1'1 cinco centavo ml'1liuno, hasta
esle dia 1'1 cinco cenlavo mexicano tiei'll' su relrato lodavia.
,';
PRICE DATA
ONE CENTAVO
All Prices are in V.S. Dollars.
Zapata- Type Two
Todos los Precios en este Catalogo fueron puestos en Dolares de E.U.A. Composition: .950 copper, .025 tin, .025 zinc
Diameter: 16 Millimeter
Edge: Plain
Weight: 1.5 Grams
Brilliant
D.te Mintlge Very Good Fine Eltr. fine Unelrculated Uncirculated
1915" 179.048 $5.00 $6.00 $13.00 $17.00 $27.00
"Specimens exhibiting a full snake command a 25% higher price
ONE CENTAVO
Type Three
1916-1943 1944-1949
Composition: .950 copper, .025 tin, .025 zinc Composition: .950 copper, .010 tin, .040 zinc
Diameter: 20 MlIlimeter Diameter' 20 Millimeter
Edge: Plain Edge: Plain
Weight: 3 Grams Weight: 3 Grams
BrHliant
Dale Mintage Very Cood Fine Ext,. fine Uncirculated Unc)'culated
1916 500,000 $7.00 $10.00 $40.00 $175.00 $350.00
1920 1,433,000 4.00 5.50 12.00 60.00 100.00
76 77
_ _1 -
8rlllllnl Brilliant
Dale Mlnlale Ve., Good fine Extra Fine Uneircul.led Dale Mlntale Very Fine hila Fine Uneirculilled Unclrculll~d
Uncircullled
1921 3,470,000 1.00 2.00 10.00 35.00 75.00 1959 11,875,000 .20 .35
1922 1,880,000 3.75 4.75 11.00 60.00 100.00 1960 10,360,000 .20 .35
1923
1924
4,800,000
2,000,000
." 1.25 2.25 7.00 15.00 1961
1962
6,385,000
4,850,000
.20
.20
varieties 1963 7,775,000 .20
4 over 3 4.50 '.00 16.00 50.00 125.00 1964 4,280,000 .20
normal dale 3.00 '.00 85.0 35.00 55.00 1965 2,255,000 .20
1925 1,.550,000 3.00 '.00 8.50 35.00 55.00 1966 1,760,000 .20
1926 5,000,000 .50 .85 3.25 8.00 12.00 1967 1,290,000 .30
1927
1928
6,000,000
5,000,000
."
."
.•0
."
1.75
2.00
5.50
'.00
9.00
10.00
1968
1969
1,000,000
1,000,000
.30
.30
1929
"'0
4,500,000
7,()OO,000 ."
.25
."
.60
2.00
l.50
'.00
3.00
14.00
5.00
1970 Restyled obv.
eagle 1,000,000 .30
1933 10,000,000 .ts .30 .50 2.50 1972 1.00
'.00
1934 7,.500,000 .• 5
.ts ." ."
.so
5.00 '.00
1973 1.00
""
",.
12,400,000
20,100,000
.30
.20
."
3.50
2.50
5.50
3.50
1937
1938-
20,000,000
10,000,000
.20
.20
.".50
2.00
."
2.7S
LOO
1939'
1940
30,000,000
10,000,000
.20
.20
."
.OS
.•0
2.50
.80
'.00
194.1 15,800,000 .20 "5 1.35 2.50
1942 30,400,000 .20 .30 LOO 2.10
1943
1944
4,310,000
5,645,000
."
.20
."
.'0 2.75
1.2>
'.50
2.7S
1945 26,375,000 .20 .30 1.50
1946 42,135,000 .20 .20 1.<.0 I TWO CENTA VOS
Type One
1947
1948
13,445,000
20,040,000
.20
.20
."
.25
1.65
1.45 I Bron~e
1949 6,235,000 .20 .'0 L60 Composition: .950 copper, .040 tin, .010 zinc
Diameter: 25 Millimeter
-Ho.. rd of one b..g uch 1938 and 1939 One Cent.. yos in Uncirculated
uncovered in Pennsylvania in 1974.
I Edge:
Weight:
Plain
6 Grams
8rilliant
Dale Mlnlare VIf"/ Cood Fine Extra Fine Untirculallll Unclrtulated
190Y 50,000 $35.00 $52.50 $102.50 350.00 440.00
" .. 9,998,400 2•.50 4.50 12.00 40.00 7.5.00
ONE CENTAVO
Type Four
Coin..ge SI ruck in Brass 1950·1973
Composition: .850 copper, .150 ~inc
Diameter: 16 Millimeter
Edge: Plain
Weight: 2.0 Grams TWO CENT A VOS
8rlllilnl Type Two
Dale Mlnllie Very fine Extra Fine Uncirculaled Unelrcullled
Composition: .950 copper, .025 tin. .02.5 zinc
1950 12,815,000 $.10 $.35 $.80 $1.35 Di"meler: 20 Millimeter
1951
1952
25,740.000
24,610,000
."
10
."
.20
.55
."
Edge:
Weight,
Plain
3 Grams
1953 21,160.000 .10 .30 .50 Brilliant
1954 25,675,000 .10 .20
." Dale "'Inlue Very Cood Fine EXlll Fine Unclrculaled Unclrc~laled
1955
1956
1957
9,820,000
11,285,000
9.805,000
.25
.10
.15
...
."
.OS
.95
.•0
1915 486,980 $2..50 $3.7.5 $8.50 $13.00 $25.00
•".
Exl,a Fine
$1.00 ,
Uncirculated
2.50
Uncirculaled
$ 4.50
1914 2,000,000 1.25
"Beware of altered dates and counterfeits.
1.40 5.00 20.00 30.00
1937
1938
49,060,000
3,340.000 2,50
."
3.75
1.00
7.00
2.50
22.50
6,50
40.00
1940 22,600,000 I.tO 2.75 7.00
1942 7,100,000 "30 .OS
.50 1.75 4.00 lO.50
80 81
I
8rllll.nt
O,le Mini'" Very fine [<lr. fine lInclrcul,ted lIncirculllld
1955 12,136,000 .20 .• 0 2.50 5.25
",. 60,216,000
." ", 1.00
1951
1958
55,288,000
104,624,000
."
.'0
."
.20 .,.
1.00
1959
"60
106,000,000
99,140,000
.'0
.'0
."
."
1.00
.20
FIVE CENT A VOS
Type four
1961
1962
61,1J6,000
41,2.32,000
.'0
.'0
."
.20
.20
."
1963 156,680,000 .10
Composition: .950 copper, .010 tin, .040 zinc
Diametu:
Edge:
"., Millimelers 1%'
1965
11,168,000
155.120,000
.10
.10
Weight:
Plain
6..5 Grams ",.
1961
124,944,000
118)116,000
."
.10
O,tl Brilliant
MlIItfil Very Good fIne Edra fine U/lClrc:ulalld UDCircul,ted 196' 189,588,000 .10
19'12 900.000 $2.00 53.25 512.00 561.50 585.00 1969 210,492,000 .10
1943 54,660,000 .10. .'0 2.15 3.15
1944 53,463,120 .'0 .20 .<0 .60
1945 44,262,000 .'0 .20 .•0 .60
1946
1951
49,054,000
50,158,000 ."
."
.'0
.'0
.60
2.25
LOO
2.15
1952
1953
11,614,000
31,.568,000 ."
.'0 .""
2,50
2.25
6.50
2.15
1954
1955
58,680,000
31,114,000
.10
.'0
."
."
2,2.5
3.00
2.15
5.00
FIVE CENT AVOS
Ty~ Seven
Reduct'd Sizt'
0'1. Mlnllll Unc:ircul,ted
1910 163.368,000 S.10
1911 .10
FIVE CENT A VOS 1912 .10
Type Five 1913 Flat top 3 .20
1913 Round lOp 3 .20
Composition: .150 copper, ."0 nickel 1914 .10
Diameter: 20:5 Millimeters 1915 .10
Edge:
Weight:
•
Pbin
Grilms
Brilliant
I
0'11 Mi"l'llt Very fine EJtrll fIne UllClrculattd UllCirculaltd
1950 5,100,000 '.60 '.90 $2.15 54.00
TEN CENTAVOS
Type One
FIVE CENTAVOS Composition: .800 silver, .200 copper
Type Six Diameter: 18 MiI1imeters
Composition: ,850 copper, .150 zinc Edge: Reeded
Diameter: 20,5 MilIimelers Weight: 2.5 Grams
Edge: Plain 8r1I1I.nt
o.te Minllae Very Cood fine very fine Eltr, fine Unclrcul,ted Unclrcul,led
Weight:
O"e
4 Grams
Minl'le Vlry fine blr. fine lIncircul,lea
8rilliant
1I11Circul,tea
1905
" ..
3,920,000
8,410.000
5,950,000
.,.
5,40
•.".'0
SLlO
."
51.50
LOO
$10.00
'.00
$15.00
12.00
1954 With Dot $3.00 $5.00 80.00 595.00 1901 .'0 .'0 .70 LOO 1.50 10.00
Wilhout Dot '.00 6.00 69.00 85.00 1 ovu 6 L" 2.50 '.00 15.50 20.00
82 83
l
Olte Minlage Yery Good Brilliant
fine Yery fine E.lra Fine Unclrcullted UncircuJaled
1909 2,620,000 60
1910 3,450,000 . ., 1.00
.OS
2.00
1.10
'.00
1.50
17.50
'.00
30.00
12.00
lover 0
., 1.00 1.80 3.00 11.00 17.00
1911
1912
1913
2,550,000
1.)50))00
1,990,000
....,
.
.
.OS
1.75
.80
1.20
3.00
1.65
1.75
'.00
",
7.30
40.00
10.00
15.00
65.00
12.00
TEN CENTAVOS
TyJ" Four
1914 3,110,000 .80 .OS 1.10 1.50 7.30 ".00 Composition: .120 silver, .280 copper
Diameter: 15 Millimeters
Edge: Rreded
..
Weighl:
,
1925
1.666 Crams
MinUet
5.)50,000
Vtry Good
$.30
fine
$.40
Vtry f,nt
$ .65
utra fine
$1.00
UncU"culated
$6.00
Brilliant
Uncirtulltld
$7.00
1926
1927
2,650,000
2,810,000
•••
.30
."
..,
.80
."
1.25
1.15
'.00
4.75
'.00
5.75
TEN CENTAVOS 1928 5,270,000 .2> .» ." .OS 3.75 4.75
Type Two
Composition: .800 silver, .200 copper
1930
1933
2,000,000
5,000,000
.80
.20
.8S
.3. ..,
1.00
..,
1.50
."
'.00
3.00
6.00
'.00
Diameter:
Edge:
15 Millimeters
Reeded
1934
1935
8,000,000
3,500,000
.2.
.30
.30
.8• .8S
."
1.10
3.00
'.00
4.00
'.00
Weight: 1.812 Grams
Dal. MintlRe Bri IIlant
very Good Fin. Very Fine Eltra fint Unclrcullled Uncirculattd
1919 8.360,000 $2,75 $5,00 $7,75 $12.00 $30.00 $50.00
.
.,
1939 6,920,000 .30 .7• 1.35 6.50 12.00
Weight: 12 Grams 1940 12,300,000 .2. . LOO '.2> '.00
.,..,
Oltt
1919
1920
Minl'llt
1,232,000
6,612,000
Very Good
$6.00
3.25
fine
$10.50
4.75
Extn Fine
$30.00
25.00
Uncll'l;ul.led
205.00
187,50
Brim",t
Unclrtul,led
300.00
1942
1945
1946
14,380,000
9,557,500
46,230,000
.2.
.2.
.2. .»
...••
1.20 4.75
3.75
1.75
'.00
6.00
3.25
270.00
1921 2,255,000 '.00 8.00 30.00 205.00 300.00
1935 5,970,000 2.50 4.00 11.00 55.00 75.00
84 85
_ _1 _ -
TWHITY CENTAVO
Type Two
TEN CENTAVOS
Composition: .800 silver, ..200 copper
Type Six 19 Millimeters
Diameter:
Composition: .950 copper, .050 zinc Edge: Rreded
Diameter: 23.5 MilIimeters Weight 3.625
BrlllI.nt
Edge: Plain Very Good fine Very Fine Extrl fint UllClrcul.ted I,I"Circul.ted
Oltl Mint •••
Weight: 5.5 Grams $13.00 $20.00 $35.50 $100.00 $150.00
Brllll.nt 1919 4,155,000 $7.00
Oate Minu,e Very GQod rlne Exlra fine I,Indrcul.ted I,Inclrcul.ted
1955 1,817,500 $.35 $.60 $2.00 $12.50 $18.50
1956
1957
5,255,000
J 1,925,000
.10
."
.10
'.00
."
10.50
1.45
1959 26,140,000 .10 .<5
1966 5,872,500 .10 .<,
1967 32,317,500 .10 .JS
TWENTY CENTAVOS
Type Three
Composition: .950 copper, .025 tin, .025 zinc
Diameter: 32.5 Millimeters
TWENTY CEN.T A VOS Edge: Plain
Type One Weight: 15 Grams
Brllll.nl
Composition: .800 silver, .200 copper Ver~ GQOO Fine Extra fine Unclrcullted Unclrculated
Dale Mlnl'lle
$150.00
I
Diameter: MllIimelers $9.50 $25.00 SlOO.OO
Edge:
Weight
"
Reeded
5 Grams
1920
1935
4,835,450
20,000,000
$6.00
2.25 3.50 9.00 25.00 50.00
BrllIi.nt
...
O.te Mint.,e Very Cood Fine Very fine £Xlr. flnt Unclrcul.ted Unclrcul.,W
,190'
190'
2,565,000
6,860,000
9,434,699
$ 1.00
." • 2.50
1.85
$ 3.25
2.35
$ 4.00
3.00
• ".00
f7.50 • 40.00
".00 I
,....
Straight 1 1.15 1.3.5 2.35 '.00 2L5O 30.00
Curved 1 1.15 1.35 2.35 '.00 21.50 30.00
350.000 14.50 20.50 31.50 ".00 150.00 225.00 TWENTY CENT A VO
1910 1,135,000 2.00 2.00 3.00 '.00 21.50 30.00 Type Four
1911 U50,OOO 2.00 2.00 3.00 '.00 21.50 30.00
Composition: .720 silver, .280 copper
19t2 625,000 6.75 9.00 14.00 20.00 50.00 15.00 19 MilJimeters
Diameter:
1913 1,000,000 1.40 1.90 3.25 '.00 20.00 28.00 Edge: Reeded
1914 1,500,000 '.00 1.20 2.50 3.00 15.00 ".00 Weight: 3.3JJ 8rllll.nl
-Beware of altered dates and counterfeits. very Good fine Very flM E.lrl Fine Unci,cul.ted I,Inclrcullted
Dlte Mlnl.,e
3,710,000 $ .80 $1.50 $1.80 $4,00 $20.00 $30,00
1920
I t921
1925
6,160,000
1,450,000 " 90 1.15
." 1.55
1.80
3.00
3,50
15.00
10.00
25.00
12.00
1,465,000 .90 1.15 1.80 3.50 10.00 12.00
1926
1,405,000 .90 l.I5 1.80 3,.50 9.50 10.00
1927
I 1928- 3,630,000
1,000,000 ".20
.651
.90
."
1.10
1.75
2.00
5.50
'.00
'.00
10.00
"30 14.00
High 0 L20 1.40 LOO 2." 10.00
81
"
l
BrllIl.nl
O~le Mlntall very Good Fine Very Fine Ellr. Fine Untlrculilled lInclrtulillld BrilH.nt
D.te Minlil,e VNy Good Fin' E.lrl Fine Uncl'tulilted Unci,culiltt<l
1933
1934
2,500,000
2,500,000
.SO .60
." ." 1.60 '.00 6.00 1957 13,455,000
." ." 2.75 '.00
1935 2,460,000
SO
.SO
."
.60
.60
1.40
1.40
3.50
3.50
6.50 1959 6,016,500
." .20 .60 16.00 29.00
1937 10,000,000
." ." 20 .90 3.00
6.50
4.00
1960
1963
39,756,000
14,869,000
.20
.20
." SO
1939
1940
8,800,000
3,000,000
."
." .60
." .20 .90 3.00 '.00 1964 28,653,500
.""
SO
.SO
1941 5,740,000
." ." "
.20
1.10
.OS
3.00
1.25
3.00
2.00
1965
1966
74,161,500
43,744,500 "
."
.SO
1942
1943
12,460,000
3,955,000 ."." ."
."
.20
.20
.OS
.90
1.25
1.30
2.00
2.00
1967 46,486,500
."
.SO
.SO
·Small houd uncovered, Marth 1975 ""
1969
15,477,000
63,646,500
.20
.20
.SO
.SO
1970
1971
76,287,000
." .SO
.
1.90 '.00 Minl•• t Ed<l fint Uncircul'led Uncln:utatld
1946 25,695,000
••• .2. .45
., 2.75 4.75
"" '.60 S.60
,.
1951· 11,J85,000 .1. .20 10.00 20.00 1972 .2. .20
1952
1953
6,559,500
26,947,500 . ." .2.
." .90
.SO
12.00
3."
22.50
6.00
1973
1974
.30
.3.
.'"
.3•
1954 40,108,000 .1. .2. .4• >0, '.00
1955 16,950,000
." .3.
-In 1951 tin Wa5 omitted from the composition of the coin.
." 37.50 55.00
TWENTY CENTAVeS
Type Eighl
Composition: Copper and Nickel
Edge: Reeded
Oatl MIMISI Brllli.nt
E.tra fine Uncirtula'~d UncirCUlillld
TWENTY CENT A ves 1974
Type Six 5.20 $.20
1975
." ."
Composition' .950 copper, ..050 li nc
Diameter:
Edge:
28.5 MilIimelers
Plain
I
II
Weight: 10 Crams
Brllll.nt
Dilte Mintil.t Vlry Gaod Fine Edr. finl Unclrculated Unclrcullted
1955
1956
16,950,000
22,431,000
S,10
.1.
5.30 5.75
.4 •
$ 4.00
2,50
5 6.75
4.50
sa 89
Date Mintlg. Very Cood 8,llIilnt
Fine Very fine ht.. Fine Uncircul.led Uncircullted
Straight 7 .90 1.15 1..50 1.85 6.00 10.00
Curved 7 .90 1.15 1.50 1.85 6.00 10.00
1908· 488,000 12.00 15.50 21.50 29.50 47.50 75.00
1912 3,736,000 1.00 UO 1.65 2.00 10.00 17.00
1913 10,510,000 1.00 1.30 1.65 2.00 7.50 10.00
13 over 07 '00 4.25 6.00 8.50 16.00 20.00
TWENTY FIVE CENTAVOS 3 over 2 2.00 '.00 4.50 6.50 11.00 15.00
Type One 1914 7,710,000 lOO UO 1.65 2.00 7.50 10.00
.300 silver, .'00 copper, 1916 480,000 12.00 15,00 21.50 29.50 45.00 65.00
Composition: .'00 nickel
Diameter: 21.5 Millimders 1917 37,1l2,000 .90 1.15 1.50 1.115 6.00 10.00
Edge: Reeded 19111 1,320,000 13.50 17.00 22.50 30.00 45.00 65.00
Weight: 3.333 Grams "Beware of altered dales and counterfeits.
Brlllilnl
DJt. ',Ii"!Jee Very fl"e Edra FIne UIOCirculltl!<l Undftullltil
1950
1951
11,060,000
41,172,000
5.15
."
5.20
.20
5.30
.'0
5.45
."
-
1952 29,264,000
." ." ." .60
1953 38,144,000
" .20 .30
."
FIFTY CENTAVOS
Type Two
Composition: .800 silver, .200 copper
TWENTY FIVE CENTAVOS Diameter; 27 Millimeters
Type Two Edge: lettered
Weight: 9.0625 Crams
Composition: .150 copper, .250 nickel
Dlte Very COOd 8rilli...t
Diameter: 23 Millimeters M'"II.e F'l"e Vtry flne [Itrl Filii UncircuJlted Uncircul.ted
Edge: Reeded 1918 2,760,000 $2.75 54.50 $11.50 517.00 555,00 $85.00
Weight: 5.50 Crams 1919 29,670,000 lOO 2.00 '.00 '.50 35.00 55.00
Brilli...!
DJ!' Minllee Und~ulJted U"Cirtul.ttcl
1964 20,686,000 5.10 5.25 S .25
.75 1.00
'''6 180,000 .50
92 93
I
FIFTY CENTAVOS
Type Eight
EXAMPLE OF RE· ENGRAVED KNEES
Composition: CopJX"r and Nicktl ONE PESO
Edge: Rreded Type Two
Brilliant
Oil. MintJ" ut'J f,n. Uncirc1ll.lted Unc;rcul.lted Composition: .800 silver, .200 copper
1910 :'1>,2..36,000 $.20 $.20 Diameter: 34 Millimeters
1911 .20 .20 Edge: U!lIered
1912 .20 .20 Wt'ight: 18.125 Gnllms
197) .20 .20 B,llIi,nt
Dlte MinIJ" VI..,. Good fine £.In Fine Uncirculllld Unci,culltl<l
1914 .20 .20
1918 3,050,000 $6.00 $12.00 $40.00 $225.00 $450.00
1919 6,151,000 5.00 '.00 17.00 150.00 275.00
. ,. ONE PESO
Type Thrff
19 J I
Small °
1,227,000
14.50 19.50 2200 40,50 68.00 1927
1932
5,060,000
50,770,000
2,35
1.95
2.75
2,10
3.75
2.20
9.00
3,50
15.00
4.25
Normal Ray 15.00 22,50 27.50 42.50 75.00 1933 43,920,000 1.95 2.10 2.20 3.50 4.25
Short Ray 32.50 76.50 172.50 345.00 450.00 1934 22,070,000 1.95 2.10 2,20 3.50 4.25
1912 322,000 32.50 37.50 65,00 130.00 175,00 1935 8,050,000 1.95 2.10 2.50 4,75 5.50
1913 2,880,000 13.00 18.00 20.00 40.00 10.00 1938 30,000,000 1.95 2.10 2,20 3.50 4.25
3 over 2 16.00 22.50 30.00 75.00 125.00 194O 20,000,000 1.95 2.10 2.20 3.50 4.25
1914' 120,000 120.00 235.00 425.00 680.00 800.00 1943 47,662,000 1.95 2.10 2.10 3.25 '.00
1944 39,522,000 1.95 2.10 2.10 3.25
"Beware of altered dates and counterfeits. 1945 '.00
37,300,00 1.95 2.10 2.10 3.25 '.00
94 95
I
ONE PESO ONE PESO
Typ"" Four Type Six
Composition' .500 silver, .400 eopp""r, .060 nkkel, .040 tine Composition, .100 silver, .100 copper, .100 nickel. .100 zinc
Diameter, 32 MilIimeiers Diameter, 34.5 MilIimtters
Edge: Ret<!ed Edge: Lellered
Weight: 14 Grams Weight: 16 Grams
Brillilnt BriUiI~t
Ollt ""nil" Vtry rint Exlra Fine Unci,cullltcl Undreullltd
[Ill.
1947
1948
61,460,000
22,915,000
$.90
.90
• 1.15
1.00
• 1.50
1.75
$ 2.00
2.25 1957
Minll,.
500,000
VHJ GOOd
$.50
Fin.
'.90
Exlra Fine
$2.SO
Ufldrculoll!ll
S7.oo
Unci,cullll!ll
$12.00
1949· 4,000,000 500.00 750.00 900.00
"Beware of altered dates and counterfeits.
I
ONE PESO
Type Seven
ONE; PESO Composition: .100 silver, .700 copper, .100 nickel. .100 zinc
Typ"" Five Diameler: 34.5 MilIimeters
Composilion, .300 silver, .500 copper, .100 nickel. .100 zinc Edge: Lettered
Weight, 16 Grams
Diameter: 32 Millimeters
Edge, Reeded Blim.,,1
Dolo Minlalt Very GOOd Fin. E,I .. fin. Unci,culaltd Unci'culattd
Weight, 13.333 Grams
Ollt
1950
Minll,.
3,267,000
Vt,y Fint
$.75
£,\," Fin.
$1.00
Unci,cullltd
suo
BrllIll"1
U"cl,cullltd
$2.00
! 1957
1958
1959
28,273,000
41,899,000
27,369,000
$.25
."
.2S
."
$.35
.25
.25
S.70
.60
."
$2.05
1.80
2.30
$2.55
2.30
2.80
1960 26,259;000 25
." 2.55 3.05
I 1961
1962
52,601,000
61,094,000
.25
."
1.55
."
2.05
1.25
1963 26,394,000
." 1.20
1964
1965
15,615,000
5,004,000 ."
."
1,20
1.20
1966 30,998,000
1967 9,308,000 "" 1.20
1,25
96 97
_1,-_- _
ONE PESO
Type Eight
Composition: .750 copper, .250 nickel
Diameter: 29 Millimeters FIVE PESO
Edge: Reeded Type One
Weight: 9 Gr..lms Composition: .900 silver, .100 copper
Brilliant Diameter: 40 Millimetus
Date Minta,e utra fine Llncircul.tt1l UncircuI.Ie1l
Edge: Reeded
1970 102,715,000 $.30 $.30 Weight: 30 Grams
1971 .30 .30 Brilll.nt
19n 30 30 Mlnll,. Unclrc:UI.te<l UncirCUI.ttd
1973 .30 .30 1947 5,110,000 $4.00 55.50 $6.50
1974 .30 .30 1948 26,740.000 $4.00 $5.25 $6.00
1975 .30 .30
I
I
I
TWO PESO
TyJ'(' One FIVE PESO
Type Two
Composition: .900 silver, .100 copper, t Composition: .no silver, .280 coppE:r
Diameter: 39 Millimeters
Edge: Reeded Diameter: 40 Millimelers
Weight: 26.666 Grams Edge: lettered
WE:ight: 27.777 Crams
Brilliant
Olle Mlnta,e Vir, fine Extr. Fine UnClrcul.led Uncircullted Brilliant
O.le Mlntl,e [lI'1 Fine Unc!rcul.led UnclrCUlltld
1921 ~ 1,277,500 $17.00 $35,00 $150.00 $275.00
1950 200,000 $17.00 $27.50 $32..50
'Specimens showing full feathers on knob of the eagles knee should command 50%
higher prices than calalog.
98
"
1 I
FIVE PESO
FIVE PESO Type Five
Type Three .720 silver, .260 copper
Composition:
Composition: .120 silver, .280 copper Diameter: 36 Millimelers
Diameter: 40 MilHmeters Edge: Reeded
Edge: lellertd Weight: 16.055 Grams
Weight: 27.777 Grams Brilli...t
O.te Mintlle Yer)' riM hlra Fine Uncircul.ltcI Urw;i,cullttcl
Brilliant
Oall MiRt1l1 Ell'.fine U""irC1Jllte4 UlIl';i~ut.ttcl 1955 4,271,000 52.10 $2.35 $3.00 $3.50
1953 1,000,000 $4.00 $5.00 $6.00 1956 4,596,000 >I, 2.35 3.00 3.50
1957 3,464,000 2.10 2.35 3.00 3.50
j
fiVE PESO
Type Four
FIVE PESO
Composition: .120 silver, .280 copper Type Six
Diameter: 40 MilJimeters
Composition: .720 silver, .280 copper
Edge: lettered
Diameter: 36 Millimeters
Weight: 27.777 Grams
Edge: lellered
8,IIII.nt
Olle
1951
Mintage
4,958.000
• 2,60
EXll1 nnt
,2.75
Unclrculaled
• 3.00
Unclrculaltd
$ 4.00
Weight,
Date
18.055 Grams
M\nUi t ht" Fine Uncirculaled
Bfilll.nt
Uncl,cul.le~
100 101
J J
FIVE PESO
Type Seven
TEN PESO
Composition: .720 silver, 2.80 copper Type One
Diameter: 36 I\lillimeiers
Composition: .900 $ilver, .100 copper
Edge: Plain
Wc-ight: Diameter: 40 MiIlimelers
18.055
Edge: Lettered
BnlliJnl Weight: 28,888 Grams
OJ1' Ninll,e EJl'J fine Unci'C~1I11ll UncireulJled
8r1l1iJnl
1959 1,000,000 $2.50 $3.50 Mintage [xl," finl Uncl'c~llled
$4.00 Ollt
1955 584,.500 $4.00 $4.75 $6.50
1956 3,.535,000 3.75 '.00 6.00
103
_ _ _1 _
TEN PESO SILVER BULLION PIECE
Type Three One On1;a
Composition: .900 silver, .100 copper Composition: .925 silver, .075 copper
Diameter: 40 MilIimeters Diameter: 41 MilIimeters
Edge: Reeded Edge: R.......
,..
Weight:
1960
2&.888 Grams
Mint'lt
1,000,000
EJ.tr. fine
$3.00
Unc:irculltf4
$5.50
Brilli.nt
Unc:ircul.lf4
$6.00
Weight:
O.tl
1949
33.625 Grams
Minl.,1
1,000,000
EJ.1ra fine
$14.00 $18.00
BnlliMlt
Uncirtlllltf4
$25.00
1974 N/A
1975 N/A H,"'e nol been released <1S of this date.
104 105
TWENTY FIVE PESO· JUAREZ
VARIETY I Composition: .720 silver, .280 copper
Diameter: .18 Millimeters
Edge: lettered
Weight: 22.50 Grams
Oilte MinlJ.t BrUlIJnt
Elt.a Fine UflCirtulJt'" Un<:l,cutJltll
1972 2,000,000 $2.30 $3.00 $4.00
,~
-......" 'f
-"
Oilte
1919
Mintilie
1,670,000
Edril Fine
$12.00 ,
UflCircullltd
14.50
Brllllilnt
,
UflClrculilte<l
17.50
J=U
1920 4,282,418 n.50 lUll) 17.50
1944 10,000 2>.00 40.00 45.00
1945 140,000 9.50 10.50
.. '~' 1946 167,.500 50.00 100.00
11.00
125.00
1947 2>,000 35.00 SO.OO 75.00
1948 45,000 Unknown
VARIETY 3
GAPPED, LOW RINGS, TONGUE CURVED ,
TWO AND HALF PESO GOtD
TWENTY FIVE PESO Composition: .900 Gold, .100 copper
Composi.tion: .720 silver, .280 copper Diameter: 15.5 Millimeters
Diameter: Millimeters Edge: Reeded
Edge: "
Lettered
22.50 Grams
Weight: 2.083 Grams
Brllllilnt
,
Weight: Ollt Mlnllat Eltra Fine Untlrculilltd Untl'tullltd
Brilliant 1918 t,704,000
DJI. Mintare E,lrl fine Untl'tullttd Untirculattd $ 15.00 $ 17.50 20.00
1919 984,000 15.50 19.00
1968 27,181,500 20.00
1920 607,000 20.50 30.00
Type I U.30 $ 3.00 $ 4.00 37.50
1944 20,000 17.50 22.50
27,181,500 27.50
1968 1945 180,000 11.50 12.75 13.00
Typ'" 11 >.00 10.00 13.00 1946 163,000 29.00 50.00 65.00
1968 27,181,500 1947 24,000 360.00 650.00 750.00
Type III 6.50 13.50 18.50 1948 63,000 35.00 55.00 65.00
106 107
1 I
FIVE PESO GOLD
Composition: .900 gold, .100 cop~r TWENTY PESO COLD
Diameter: 19 MiIlimelers Composition: .900 gold. .100 copper
Edge: Lettered Diameter: 27.5 Millimelefs
Weight: ....166 Grams Edge: l.etterrd
Brilliant
D... Min1llt btu Fine Urw;l"ulaled Un<;,=lalt!l Wrighl: 16.666 Grams
Brim.."
'90' 18,076 5300.00 5600.00 $750.00 Date Minul'
,
Extra fine Unc:jrl;1ll~ed Unclrcul.ltd
'''''
lOO'
4,638,000
1,088,000
".00
".00
29.00
29.00
32.00
32.00
1917
1918
852,000
2,830,500
95.00
93.00
5100.00
100.00
$10.$.00
IM.OO
1910 100,000 45.00 6<>.00 75.00
1919 1,093.500 93.00 100.00 105.00
1918 609.000 ".00 29.00 32.00
1920 462,198 100.00 110.00 125.00
1918/7 35.00 75.00 100.00 2 over 1 95.00 115.00 130.00
1919 506,000 28.00 35.00 38.00
1921 921,500 93.00 105.00 115.00
1920 2,384,598 25.00 29.00 32.00
2 CV"'f I 95.00 110.00 12.0.00
1955 48,000 23.00 24.00 25.00
1959 125,000 90.00 91.00 92.00
• 250.00
1921
1922
1&0,400
462.600
5275.00
220.00
5325.00
230.00
5365.00
240.00
1906 2,949,000 52.00 .5.5.00 57,00
1923 431,800 220.00 230.00 240.00
1907 1,589,000 52.00 55.00 57.00
1924 439.400 222.00 232.00 242.00
'90'
1910
890,000
451,000
52.00
53.00
55.00
.57.00
57.00
60.00 "" 716,000 220.00 230.00 240,00
1926 600,000 225.00 240.00 250.00
1916 26,000 97.00 145.00 250.00 1927 606,000 220.OQ 230.00 240,00
1917 1,966,500 52.00 .55.00 57.00 1928 538,000 220.00 230.00 240.00
1919 266,000 60.00 70.00 80.00 1929 4.58,000 220.00 230.00 240.00
1920 11,603 600.00 800.00 1,000,00 371,600 220.00
1930 230.00 240,00
1959 50,000 46.00 47.00 48.00
193\ 136,860 235.00 255.00 290.00
1943 89,400 220.00 225.00 230.00
1944 592,900 218.00 223.00 225,00
1945 1,012,299 215.00 220.00 222.00
1946 1,587,600 217.00 223.00 225.00
1947 309,200 212.00 216.00 2\7.00
Cold prices d<!termin<!d at 5165.75 per ounce gold.
109
""
J
COMMEMORATIVE GOLD MEDALS OF MEXICO
110 111
Date Mintage Sile Weight Valoe ." Mintage Size Weight Value-
1940 IV CENTENARIO COLEGIO PRIMITIVO
Y NACIONAL DE SN. NICOLAS DE
HIDALGO 1540 1940 2 36 mm. Rare
1950 XXV ANIVERSARIO DE LA FUNDA-
CION DEL BANCO DE MEXICO S.A.
1925 -1950 20'
"
39 mm. $ 350.00
1940 MEDALLA EDUARDO LlCEAGA 1951 PATROCINADO POR EL PRESIDENTE
1839 1920 36 mm. Scarce D. MIGUEL ALEMAN, LLEVOSE A
1942 IV CENTENARIO DE LA FUNDA- CABO EN MEXICO EL PRIMER CON-
CION DE MERIDA _ YUCATAN GRESO 0 ACADEMIAS O.LA LENGUA.
- 1542 - ENERO 6 -1942 - 39.5 mm. 45.00 Scarce ESPAi'JOLA. 23. DE ABRIL, DE
40 mm. $ 650.00
1943 BANCO CAPIT ALlZADOR DE
AHORROS SA U 37 mm. Rare 1951
-MCMLI-
FIESTAS DE LA PRIMA VERA - ASRIL ",
1944 MUSEO. NACIONAL. E. HlsTORIA 1951 XOCHIPILI 40.5 mm. Rare
INAUGURACION sEPTIEMBRE XXVII
MCMXLlV , 1951 INAUGURACION DE LAs OBRA5 DEL
sIsTEMA LERMA. MCMLI 38 mm. $ 700.00
1946 MCMXLVI sECRETARIA DE HACIENDA
40.5 mm. Rare
1951 UNIVERsiDAD NAClONAL 0 MEXICO 5 " 59 mm. Rare
Y CREDITO PUBLICO la CONVEN- 1951 2a Conferencia Interamericana de la
CION NACIONAL DE SECUROs Y Contabilidad. 38 mm. $ 400.00
FlANZAs MEXICO 6 37 mm. Rare 1951 EXPOsICION. INDUSTR1AL
"
1946 IV CENTENARIO DE LA FUNDAClON FRANCESA MEXICO .1951. 34 mm. Rare
DE ZACATAS 'MEXICO' JUAN DE
TOLOsA 29 37 mm. $ 750.00
1951 LIC RAMON BETETA sRIO. DE ",
HACIENDA 40 mm. Rare
1946 BOLIVAR EN EL CORAZON DE
MEXICO 24 DE JUUO DE 1946 1951 MORELOS EN LA PATRJA DE
CAsA DE MONEDA, MEX. n 55 mm. Rare BOLIVAR MARZO DE 1951 n 55 mm. Rare
19.47 CHAPULTEPEC 13 DE sEPTIEMBRE 1952 BACHILLERs, 1948-1949. 20 $ 600.00
1847 - 1947 no 34 mm. $ 500.00 1952 COMIDA DE LA AMlSTAD 89 $ 55000
1947 CHURU8UsCO ACOSTO 20 DE 1847" 1952 IV CONGRESO INTER AMERICA NO
1947 SE COMBATIO HEROICAMENTE
HAsTA ACOTAR EL ULTIMO
CARTUCHO no 34 mm.
DE RADIOLOGIA MEXICO, NOV. -2-8-
.MCMLII. , 36 mm. Rare
$ 500.00
1947 LA ACADEMIA MEXICANA COR·
RESPONDIENTE LA REAL ESPAi'JOLA
EN EUV CENTENARIO DEL NACI-
MJENTO DE MIGUEL DE CERVANTES
sAAVEDRA 2 45 mm. Rare
1948 JUSTO SIERRA MAESTRO DE
AMERICA 1848 - 1948 2 54 mm. Rare
1949 C. PREsIDENTE DE LA REPUBLICA
1950
Lie. MIGUEL ALEMAN
UNIVERSIDAD NAGONAL DE
MEXICO
n
324
27 mm.
60 mm.
Rare
$ 800.00
I Date
1952 ClUDAD UNIVERslTARIA 20 DE
NOVIEMBRE -DE 1952- .MEXICO.
Mintage
'OS
Size
36 mm.
Weight Valoe
$ 450.00
1950 CENsOs NACIONALEs 1950.51. 1952 BANCO DE COMERCiO S.A. XX
DIRECCION GENERAL DE ESTA- ANIVERSARIO 1932 1952 38 mm. Scarce
DISTICA SECRETARIA DE
ECONOMIA , 38 mm. Unique 1952 E. U. M. EXPOSICION NACIONAL DE ",
40 mm.
1950 VII CONGRESO PANAMERICANO
DE FERROCARRILES - OCTU- 40 mm. $1,500.00
GANADERJA
1952 FERIA DE TEZUITLAN, PUEBLA , Unique
Unique
BRE 1950 - Scarce 1953 IV. CENTENARIO DE SU FUNDAClON
1950
1950
Asociacion Pro-Nutricion Infantil
MIGUEL ALEMAN PRESIOENTE DE " Rare 1553 1953
1954 PLAN DE A YUTLA
70
, 36 mm. $ 500.00
Rare
LA REPUBLICA NOV. 1950 EDIFlCIO
DE LA SECRETARIA DE RECURSOS
1954 FUNDACION DE LA ESCUELA
NAClONAL DE ECONOMIA , Unique
HIDRAULlCOs 40 mm. Scarce 1954 -SEPTIMOs- JUEGOS DEPORTlVOs
1950 XXV ANIVERSARIO DE LA FUNDA- CENTROAMERICANOs .Y DEL CARIBE. 80 38 mm. S 600,00
CION DEL BANCO DE MEXICO
S.A. 1925-1950 ,0> 39 mm. $ 350.00
1954 ESCUELA BANCARIA Y COMERClAL
-1929-1954' , 34.5 41.6$ Rare
112 Il3
Date Mintl!e Silt Welcht Value Date Mlntaa' Size welahl Vllu&
1954 DEPORTIVO HACI[NDA 4
1954 CONMEMORACION"DPLA"HEROJ_
CA" DErENSA"DE"GUAYMAS"
30 mm. Rare 1959
1960
V. CARRANZA. CENTENARIO DE SU
NATALlCIO
NAClONALIZACION DE lA INDUS-
2,314 "'
25 mm. 16.62 S 150.00
_ _1-
Date Minlaie Size Minlaie ~alue
Date
1963 IV CENTENARIO DE LA FUNDACION
1965 BANCO DE MEXICO, S.A. 40
LAGOS DE MORENO JAUSCO ANIVERSARIO 20 PESO 27.5 mm. $ 175.00
1563 1963 38 mm. 41.6 S 325.00
1965 BANCO DE MEXICO, SA
1963 ACADEMIA MEXICANA DE LA 22.5 mm. 8.38 S 100.00
40 ANIVERSARIO 10 PESO
LENGUA 11 Rare
1965 BICEI\.'TENARIO DEL NATAlIClO DE
No Date- ESTADOS UNIDOS MEXICANOS
JOSE MA. MORELOS MICHOACAN
DEPARTAMENTO DE TURISMO 90 40 mm. S 450.00 38 mm. S 325.00
196'
No Date- DEPARTAMENTO DE TURISMO,
1965 IV CENTENARIO DE LA MUERTE
DIFFERENT DESIGN 40 mm. ScaKe
DE ON. VASCO DE QUIROGA_
1963 JOSE ANTONIO ALZATE Y
RAMIREZ 1729-1790 , 38 mm. Rare
URUAPAN MARZO DE 1965 38 mm. S 350.00
37.8 mm.
S 300.01.
$ 300.00
REPUBLICA 1~00
1964 TOMA DE ZACATECAS 23
.IUNIO. 1914 195 $ 375.00 1967 REUNION PRESIDEl\.'TES
No Date- ASOCIAClON DE INGENIEROS 1967 ASEGURAOORA MEXICANA S. A.
DE MINAS METALURGISTAS Y 1967 BANCO DE (OMERCIO DE HIDAlGO
GEOLOGOS DE MEXICO VI 1967 BANCO DE COMERCIO DE SAN LVIS
CONVENCION MEXICO D.F. 75 38 mm. 41.15 S 375.00 POTOSI S. A. 1942-1967
1964 PRIMER CENTENARIO DEL BANCO DE XXV ANIVERSARIO 1967 so 39 mm. $ 375.00
LONDRES Y MEXICO PRIMER XXV -ANIVERSARID- SO 39 mm. S 375.00
CENTENARIO DE LA BANCA DE 1968 CONGRESO INDIGENISTA SO Scarce
DEPOSITO EN MEXICO
1966 BANCO DE COMERCIO DE
1964 1964 EXPOSICION NACIONAL GUANAJUATO SA 1943-1966
.GANADERA. 38 mm. S 400.00 39 mm. S 350.00
1964 RECUERDO DE LA VISITA A SUO
" XXV .ANIVERSARIO-
1968 BANCO DE CDMERCIO DE
'"
AMERICA DEl PRESIDENTE DE LOS MICHOACAN S.A. 1943-1966
ESTADOS UNIDOS MEXICANOS XXV -ANI VERSA RIO- SO 39 mm. $ 375.00
AOOLFO LOPEZ MATEOS ENERO 1960 140 37 mm. S 700.00 1968 SECRETARIA DE AGRICULTURA Y
1964 MEDALlA PARA EL PRESIDENTE J Unique GANADER1A JUEZ EXPOSICION
NACIONAL GANADERA 1968 38 mm. 41,55 $ 350.00
1964 SEQUICENTENARIO DE LA MUERTE
1969 ESCUELA DE COMERClO 1 Unique
DE DON MAR[ANO MATAMOROS
1814-1964 300 38 mm. $ 350.00 1969 INAUGURAClON DEL SISTEMA DE
1965 ASEGURADORA MEXICANA S.A. 1965 150 39 mm. S 375.00 TRANSPORTE COLECTIVO DE LA
ClUOAD DE MEXiCO 1,000 40 mm. $ 300.00
1965 1925 BANCO DE MEXICO S.A.
No O"le- TAXCD. GRO. VIII CONVENCION
1965 50 PESO 38.5 mm. 41.43 $ 350.00 40 mm. $ 350.00
NACIONAL
_ _ I~
116 111
O~le
,
Silt Welpl Value PATTERNS OF MODERN MEXICO
.,
Unique All paHO!'ms of Mexico are vuy rarO!' and IhO!'rO!' is al this time very litilO!' actual history
1969 OVINQCULTURA
1969 VERACRUZ MEXICO PRIMER " ScarcO!' on them and their current where-a bouts. I fO!'el that in the vO!'ry nO!'ar future any rtcogni;ted
patterns of Mexico that are offued on the markO!'t will fetch record prices. In the following
A YUNTAMIENTO EN AMERICA price guide I havl!' used only thl!' gradl!'S of I!'Xtra finO!' and brilliant uncirculatO!'d (many proof
COl\'TINEl\.'TAL 300 38 mm. likO!' in appl!'arance) ..s these are normally the two grade catagoril!'S in which patterns are
$ 375.00
1969 BANCO DE COMERCIO DE LA CIUDAD found. In rdO!'rl!'nce to their prices 1 have used current buy prices offered by our firm for
MONTERREY S. A. 1944 -1969 XXV these coins and private sales within the past twelve months.
-AN1VERSARIO_
1969 BANCO DE COMERC10 DE NAYARIT
S. A. 1944 - 1969 XXV -ANNIVERSAIUO_ 35
" 39 mm. $ 375.00
Extra Finl!' Brilliant Undrculated
mm.
1970 EXPOSICION NACIONAL
GANADERA 1970
" $ 400.00 Two
Fifty
Centavo 1910 (Possible Trial Strike)
CO!'ntavo 1907 Caballito
$ 750.00
$1000.00
$1000.00
$1500.00
38 mm. $ 350.00 One Peso 1908 Caballito, Silver $1250.00 $2300,00
1970 ClNCUEN"TENARIO DE SU REAPER_
One Peso 1909 Caballito, Silver $1250.00 $2300.00
TURA 1920-1970 H. COLEGIO MILlTAR
POR EL HONOR DE MEXiCO 38 mm. OnO!' Peso 1911 Caballilo, Bronze S 750.00 51500.00
41.80 $ 275.00
1970 IX CONVENCION NACIONAL DE OnO!' Peso 1911 Caballito, Brass S 750.00 $1500.00
EJECUTIVOS DE VENTAS Y 51200.00
One Peso 1936 Morelos Silver $ 750.00
MERCAOOTECNIA C1UDAD DE
MEXICO ocruBRE 1970 One Peso 1947 Morelos (.no versus S 500.00 $ 700.00
38 mm. $ 275.00 .500 fine silver and smaller
1970 CONMEMORACION DEl ESCUDO
NACIONAL 1970 than the normal 1947 Morelos peso)
1971 CONMEMORACION DE LA MENEDA
8 REALES DE LUIS I
38 mm. $ 350.00 .One Peso
Five ·Peso
1947 Juarez Portrait, Silver
1947 Cuauhtemoc Obverse,
••750.00
750.00
S1200.00
$1200.00
SOCIEDAD NUMISMATlCA Balance Scale Reverse
DE MEXICO
1971 Cl ANNIVERSARIO CONSUMACION
'00 38 mm. 5 550.00
Five Peso 1950 Hidalgo Wreath, Railroad
Reverse • 500.00 $ 850.00
DE LA INDEPENDENClA 200 38 mm. Five Peso 1950 Hidalgo "Short Wreath," $ 500.00 $ 850.00
41.44 5 425.00
1971 375 ANIVERSARIO DE LA FUNDA_ Railroad Reverse
ClON DE MONTERREY .20 DE
SEPTIEMBRE. MDXCVI MCMLXXI
I Fifty Centavo 1955 Bronze Same Type As
Regular Issue, howO!'ver
$ 250.00 $ 500.00
300 38 mm. 41.67 $ 350.00 struck on smaller planchl!'t
I
1972 CONMEMORACION DE LA
MENEDA MEXICANA SOCIEDAD with reducO!d lellering
NUMISMATICA DE MEXICO One Peso 1955 Copper Nickel $ 400.00 $ 750.00
CHARLES III '00 38 mm. Ten Centavo 1970 Bronze, Bust of Ignatia
$ 550,00
1973 CONMEMORACION DE LA MENEDA AlIende $ 150.00 $ 300.00
MEXICANA SOCIEDAD NUMIS-
MATIC DE MEXICO CHARLES VI '00 38 mm. $ 550.00
1974 CONMEMORACION DE LA MONEDAS MUESTRAS DE MEXICO MODE~O
MENEDA MEXICANA
SOCIEDAD NUMISMATIC DE MEXICO TOOas I..s monedas muestras de Mexico son muy raras y hay por el momento muy
lVO DESIGN '00 38 mm. poco historia actual en ellas y en donde se encuentran. Yo piensO que en un futuro muy
$ 550.00
1975 CONMEMORACION DE LA cerc..no. cualquier mUl!'Stra rtconocida de Mexico que sea ofrecida en el mO!'rcado, se daran
MENEDA MEXICAN precios records en ellas. En I!'I siguiO!'nle guia de precios yo eh usado solamente los grados
SQCIEDAD NUMISMATIC DE MEXICO de extra fino y brillanle sin circular (muchas con aparencia de espejo) porque normalmente
SUO DeSIGN '00 38 mm, estas son las dos categorias. en donde Iils muestras son halladas. En referencia a sus preci6s,
$ 550.00
yo eh usado precios de compra por nuestra firma actuales, por estas monedas y ventas pri-
vadas durante 105 ultimos doce meses.
118 119
_ _1 _
SILVER VALUES
Throughout its history, silver has played a very Important role In the economy of
Mexico. Being Ihe world's largest producer of silver, Mexico had used this metal as ils
chid backing of its currency unlil 1905. When one studies the history of Mexico it becomes
evident that generally their economy was at its best during periods of high silver values.
MINT ERRORS During this century as the price of silver continued a basic climb ever upward, Mexico, like
other countries of the world, was forced to reduce in composition and weighl the amount of
Mint errors of ''''1y country are /In interesting subject. The coinage of Mexico, of silver in its coins with the most drastic changes occuring during temporarily record high
cour~ has had its share of mistakes, however at this time there are few collections of them silver prices (e:umple 1919) and massive pe$O devaluations (example 1949).
known. The Mexico City mini in modern limes has shown /I high quality control system,
whereby very few mint errors have escaped into circulation. Silver has reached such high prices within the past two years that Mexico has had to
convert to copper nickel and bronze coinage solely. In the follOWing pages we have listed
On a recent lour of the mint, we gazed at a bin of five centavo pieces in which every silver contents for Mexico's 20th Century coins. Because of the current high price levels of
COin was an error of some type. They included multiple strikes, off cenlers, clipped planchets, silver, the silver con lent of a gr('at deal of Mexico's past silver coinage far e:o;ceeds their
wrong metal strikes, "nd so forth. Unfortunately the officials were not giving out free sam- face value or numismatic value, particularly in circulated grades. I have list('d below the
ples, however it was a wonderful and educational sight to behold, most frequently melted coins by refineries for their silver content. All of these coins have
been melted in tremendous quanlilies. One must tak~ inlo consideration that recognized
We have photographed a few of the mint errors that we have run ilCroSS recently 10 rarities and normally brilliant uncireulated specimens (in recent years) are not being melted.
illustrate the differ('nt types that we hav(' handled.
I have found that mint errors of Me:o;ico normally bring slightly higher prices than Most frequently melted coins in circulated grades:
the same type of mint error on an American coin as fewer of the Me:o;ican error coins find SO Centavo - Type J 1919·1935
lhe outside world.
One Peso - Type 3 192Q.1945
One Peso - Type 4 1947·1949
One Peso - Type 7 1957-1967
Five Peso - Type 1 194'·1948
ERRORES DE LA CASA DE MONEDA Five Peso - Type J 1951.1954
Five Peso - Type 4 1953
Errores hechos par las casas de moneda de cualquier pais wn un tema interesante. La Five p~ - Type 5 1955-1957
acufiaci6n de Me:o;ico, daro esta, tien(' su parte de errores, sin embargo en este tiempo, se
Five Peso - Type 7 19.59
saben de muy pocas colecciones de ellas.
la casa de moneda de Mexico en tiempos modernos ha ensenado un sistema de control Ten Peso - Type 1 1955·1956
alto en calidad, por medio del eua!, muy poeos errores en la casa de moneda escapan a Ten Peso - Type 3 1960
cireuJaci6n.
En una reeiente visita a la casa de moneda, miramos un arc6n de piezas de cineo centavos Earlier dates ten, twenty, and fifty centavos are also melted, however due to any large
en el cual todas las monedas eran diferentn tipos de errores. EHos indulan, troquel multiples, quantities normally not available for smelt. Thev are not included in the above list.
fuera de centro, monedas recortadas, error de metal, metal equivocado para la moneda, etc.,
etc. lksafortunadamente, 105 oficiales no eslaban dando muestras gratis, aun sin embargo,
fue maravillo50 y educacional para todos n05Otros.
Hemos fotografiado algunos de [os errores de la casa de moneda, que hemos visto ultima_
mente para ilustrar los diferentes tipos que hemos manejado.
He encontudo que los errores de la cau de moneda de Mexico nor'TIalmente traen VA.LORES DE PtAT A
precios un paco mas ,dlOS que los de monedas de Estados Unidos por razon de que menos
errores Mexlcanos se ven en el mereado.
Durante loda su historia, la plala ha lenido un papel muy importanle en la «onomia
de Mexico, siendo el mayor productor de pia ta, Mexico utiliro su metal para dade fuena
a su moneda hasta 1905. Cuando uno esludia la Historia de Mexico, es evidente que general-
mente su economia esta mas fuerte durante los pl!'riodos altos de la plata. Durante este
siglo, en el cual la plata a conlinuado su subida basica, Mhico, como los d('mas paises de
el mundo, fue forzado a reducir la composisi6n, peso y cantidad de plala en su moneda, con
los cambios mas drasticos ocurriendo durante las altas lemporales y precios record en la
plala (ejemplo 1919) y las devaluaciones masivas del peso (ejemplo 1949).
La plata ha a1canzado precios tan altos durante los ultimos dos anos, que Mhico ha
tenido que convertir sus monedas en cobre, nique!, y bronze, solamente. En las siguientes
paginas, hemos h«ho una lista de l!'1 contenido de plata en monedas de Mexico en el siglo
veinte. Por la presente aba en la plata, el contenido de plata en un gran numl!'rO de mone-
das mexicanas, exede grandeml!'nte el valor carOl. oh el valor numismalico de ellas, particuIar-
mente en piezas circuladas. La Iista mencionada mas abiljo, son dl!' las monedas frKuente-
120 ill
_ _ _L--
I _
mente derritidas en la refiner,a, por su conlenido de piala. Todas eslas monedas han sido
derrilidas en cantidades tremendas. Uno tiene que tomar en consideracion, que rarezas
conocldas y normalmente piezas brillante sin circular (en anos recienles) no se derriliran.
122 123
Net Spot Silver price 111 U.S. Dollars:
Gross Silver
Weight Content
(grams) (grams) Fineness 2..00 3.00 3.50 4.00 4.2.0 4.40 4.50 4.70 4.90 5.00 5.20 5.40 5.60 5.80 6.00 7.00 8.00
TEN CENTAVO
1905·1914 2..500 2..00 .llOO .B .ZZ .Z8 .Z7 Z9 .n .33 34 .35 .n
1919 1.812. 1.45 .800 .B
." .18 .B .Zl .ZZ
." ." .Z9 .Z9
192.5.1935 1.666 1.2.0 .720 .11 .n .15 .15 .18 .17 .18 .19 .ZO ."
TWENTY CENTAVO
1905·1914 5.000 4.00 .800 .ZS .H .SO .53 .S> .57
.40
.80
.43 ...
.81 ...... ...
.68 .73
.51
.57
.83
.99
.n
1919 3.625 2.90 .800 .H .n .38 .38 .39
1920·1943
•
3.333 2.40 .720 .H .Z8 .38
." .33 .33 .35 .38 .38 .40 .43 .51 .SO
FIFTY CENT A VO
...
1905·1918 12.500 10.00 .800 .83 .96 1.11 1.27 1.33 1.39 1.42 1.49 1.55 1.58 1.64 1.71 1.77 1.84 1.90 2.20 2.52
1918·1919
1919·1945
9.062
8.333
7.15
'.00
.800
.720 .38
.71
.58
.31
.82
.67
.36
.93
.77
.4]
.98
.80
.43
......
1.02
...... ...
'.05 1.09
.90
1.14
.99
.50
1.16
.95
.51
...
1.21
.53
1.27
1.03
.S>
1.32
1.07
.57
1.38
1.11
.SO
1.40
1.15
.81
1.62
1.32
.71
1.84
1.52
.81
1935 7.973 3.35 .420 .Zl
1950-1951 6.666 '.00 .300 .n .19 .22 .2..5 .27 .,. ,. .38 .31 .32 .33 .34 .35 .38 37 .43 .49
ONE PESO
1910.1914 2.7.070 24.44 .903 1.56 2.34 2.74 3.12 3.28 3.46 3.sS 3.70 3.84 3.90 '.08 ·U4 4.40 •.,. 4.n 5.50 6.2.5
1918·1919
1920.1945
18.125
16.660
14.50
12.00
.800
.720
."
.78
1.40
1.11
1.63
1.30
1.86
1.48
1.95
1.56
2.05
1.64
'.09
1.67
2.19
1.75
2..28
1.82
2.33
1.90
2.42
1.97
2.52
'.08
2,61
2,12
2.70
2.20
2.79
2.28
315
2.66
3.71
3.02
...
1947·1949 14.000 7.00 .500 .H .87 .78 .89 .93 .98 '.00 1.04 1.09 1.11 U5 1.19 1.24 1.29 1.34 1.56 1.78
." .,.
1950 t3.J33 4.00 .300 .39 SZ .S<
1957·1967 16.000 1.60 .'00 .09
." .18 .Zl ZZ
"
.ZS .Z8 .Z7 .Z8
." .SO
." ·.36 .n
TWO PESO
192.1 2.6.666 24.00 .900 1.53 2.30 2.70 3.07 3.23 3.40 3.49 3.64 3,78 3.84 4,01 4.'17 4.32 4.48 4.62 5.39 6.16
FIVE PESO
1947·1948 30.000 27.00 .900 1.73 2.60 3.03 3,46 3,63 3.80 3.89 4.06 4.23 '4.32 4049 4,67 4.84 5.02 5.'19 6.05 6,91
1951.1954 27.777 20.00 ,720 1.28 1.93 2.25 2,57 2.70 2.83 2.89 3.02 3.14 3,21 3.333 3.46 3.58 3.71 3.85 4.49 5.13
1955·1959 18.055 13.00 .720 .83 1.24 1.4,5 1.66 1.75 1.83 1.87 195 2.04 '.09 2.18 2.26 2.34 2.42 2.50 2.92 3.34
I
N,t
Gross Silver Spot Silver price t" V.S. DoJlars:
Weight Content
{grams) (grams) Fineness 2.00 3,00 3.50 4.00 4.20 4.40 4.50 4.70 4.90 5.00 5.20 SAD 5.60 5.80 6,00 7.00 8.00
TEN PESO
1955-1960 28.888 26.00 .900 1.66 2.49 2,90 3.31 3.47 3.64 3.72 3.88 4.05 4.15 4.31 4.47 4.65 4.8\ 4.97 3.61 4.11
1968-1972 22.500 16.20 ,720 1.03 1.55 1.81 2.06 2.16 2.27 2.32 2,42 2.51 2.57 2.67 2.76 2.65 2.95 3.05 3,56 4.08
TWO PESO
1919-1947 1.66 .0483 .900 .4.62 5.30 5.79 6.27 6.75 7,23 7.72 8.20 8.68 9.16 9.64 10,86
TEN PESO
1905-1955 8.33 .2412 .900 24.11 26.52 28.93 31.35 33.76 I 36.17 38.58 4099 43,40 45,81 48.22 54.25
'"
TWENTY PESO
72 34 77.16 81.98 86.80 91.63 96.45 109.29
1917-1959 16.66 04824 .900 48.22 53.05 57.87 62,69 67.51
'"
FIFTY PESO
180,84 192.90 20.1.96 217.01 229.07 241.12 271,29
1921-1947 4 I ,66 1.2060 .900 12056 132.62 144.67 156.73 168,79
'"
All Prices in US Currency
126 127
APPENDIX
128 129
_______IL _
MODERN COINAGE OF MEXICO Quantity G VG F VI" XI" AV VNC nu
... CHECK LIST •••
1929
ONE CENTAVO
Type One ",.
VG F ,\U
..., Quanlity G VF XI'" UNC BU
1933
,,.. ""
1935
1910
",.
1911
1937
1912
<93.
1913
1940
1914
1939
1941
ONE CENTAVO
Type Two 1942
Quantity G VG I" VF XI" AV UI'\C nv
ONE CENTAVO
ONE CENTAVO Type Four
Ty~ Three Quantity G VG F VF XF AU Ur.."C BU
Quantity G VG F VF XF AU ""C BU
1944
1915
1944
1916
Iq46
1920
1947
1921
1948
1922
19<19
1923
1924
1925
1926
1927
1928
"I) I3l
ONE CENTAVO
Type Five I TWO CENTAVO
Type One
V~
~
Quantity G VG F VF XF AlJ VNC BV Quanllty G VG F XF AU VNC BU
1950
1951
•
I
1905
1906 I I I I I I [] I
1952.
j
1953
\ TWO (ENTAVQ
Type Two
Quantity G VG F VF XF AU VNC BU
1954
1955
t
1915 I I
1956 TWO CENTAVO
Ty~ Thr~
1957 Quantity G VG F VF XF AU UNC BU
1958
I I I
1959
Quantity G VG F VF XI" AU ,
U1\"C BU
1920
1961 1921
1962
1922
1963
1964
I 1924
1925
1965
1926
1966
1927
1967
1928
1968
1929
1969
1935
1939
ONE CENTAVO
Type Six 194\
Quantity G VG F VF XF AV VNC BV
SPECIAL NOTES:
1970
1971
1912.
1973
132 133
I
-IL _
Quantity G VG F VF XF AV ,
UNC nu
I
FIVE CENT AVO
Type One Quantity G VG F VF XF AV VNC RV 1931
...
1905 1933
, 1934
"., 1935
1909
1910
FIVE CENTAVO
Type Three Q... lit y G VG F VF XF AV U'C
N RU
1911
",.
1912 1937
1913 1 1938
1914 1940
1942
FIVE CENT A VO
Type Two Quanlily VG F VF XF AV VNC RV
G FIVE CENTAVO
Type Four Qua tity G VG }' VF XF AV UNC RV
1914 "
1942
1915
1943
1916
1944
1917
U44
1918
1945
1919
1946
1~20
1951
1921
1952
1924
1953
1925
1954
1926
1955
1928 SD
1929
1930
",.
134 135
I
FIVE CENTAVO TEN CENTAVO
Type Five Type One
Quantity G VG F VF XF AU UNC BV Quantity G VG F VF\ XF AU VNC nu
1950 L- L-L--L--I_I_ 1905
1906
FIVE CENT AVO
Type Six 1907
I
Quantity G VG F VF XF AV VNC BU
107/6
1954 with dol
1909
1954 no dol
1910
1955
191/0
1956
1911
1957
1912
1958
1913
1959
1914
1960
1968
I 1920
1921
1969
1935
FIVE CENTAVQ
Type Seven
Qua " t't
, y G VG F VF XF AV ,
UNC BU
1970
1972
1974
136 137
,I
TEN CENTAVa TWENTY CENTAVD
Type Four Type One
,
Quantity G VG F Vr' XF AV VNC BV Quantity G VG F
•
1925 1905
1925/3 1906
1926 1907
1927 1908
1928 1910
1930 1911
1933 1912
1934
1935 I
I 1913
1914
f---I I I I I I I I I
1920
1940
1935
1945
1946
TEN CENTAVD
Type Six
Quantity G VG F VF XF AV UNC BU
1955
1956
SPECIAL NOTES
1957
1959
1966
1967
138 139
TWENTY CENT AVD
TWENTY CENTAVD
Type Six
Type Four QuannI Y G VG F' \F
'>, XF AU UNC RU
Q uant Ity G VG F VF XF AU UNC RU
1955
1920
1956
1921
1957
1925
1959
1926
1960
1927
1963
1928
1964
1930
1965
1930
1966
1933
1934 1967
1935 1968
1937 1969
1939 1970
1940 1971
1941 1973
1942 1974
1971
TWENTY CENT AVD
Type Five
Quan rlly G VG F VF XF AU UNC RU
1972 I I I I I I I I I I
I
TWENTY CENTAVO
1943 Type Eight
Quantity G VG F VF XF AU UNC RU
1944
1945
1974 I I
1946
SPECIAL NOTES
1951
1952
1953
1954
1955 I 141
140
TWENTY FIVE CENTA VO
1951
1952
1919 ------+----1I I I I I I I I
FIFTY CENTA VO
Type Three
1953 Quantity G VG F VF XF AV VNC BU
•
1919
1920
TWENTY FIVE CENT A VO
Type T ....o
Q, .. ut y G VG
" VF
1921
"" ",.
1939
FIFTY CENTA VO
1942
Type One
QU3ntily G VG F VF XF AV 1943
UNC HU
"., 1944
1906
1945
1907
FIFTY CENTAVO
"., Type Four
Quantit)' G VG F VF XF AV
F
VNC Rll
1913 I 1950
Quantity G VG F VF XI<' All VNC nu
1913 13/07
1913/2 I
1951 -I I I I I I I I I
SPECIAL NOTES,
1914
1916
1917
1918
I
142
143
FIFTY CENTA VD
ONE PESO
Type Six
Type Three
Q uan I Y G VG F VF XF AV VNe BV Q uanl y G VG F \'F~ XF AV VNC BU
1955 1918
..
1956 1919
1921
1964
1965
I 192/10
1922
1966
1923
1967
1924
1968
1925
1969
1926
FIFTY CENTA VD
Type Eight 1927
Quantity G VG F VF XF AV UNC BV
1932
t970
1932
1971
1933
1972
1934
1973
1935
1974
I 1938
ONE PESO
Type Onc 1940
Q u an nI y G VG F VF XF AV VNe BV
1910 il 1943
1944
1911 Short Ray
1913
1913/2
L914
144 145
ONE PESO Quantity G VG F YF XF AU UNC BU
Type Four
Quantity G VG F VF XF AU UNC BU 1972
"
1947 1973
1946 1974
1949
TWO PESO
Type One
ONE PESO Quantity G VG F VF XF AU UNC BU
Type Five
Quantity G VG F VF XF AV UNC BU 1921 1
~I I I I I I I I I
Type Six
1947
Quantity G VG F VF XF AV UNe BV
1957 1946
FIVE PESO
ONE PESO Type Two
Type Seven Quantity G VG F VF XF AV VNC BU
1957
Quantity G VG F VF XF AV UNC BU
1950 ____1_ _ I'----'----LI_1_
FIVE PESO
1958
Type Three
Quantity G VG F VF XF AV UNC BU
1959
1960
1953 ___ L-LI_ '-----1'---__ I 1_
FIVE PESO
1961
Type Four
Quantity G VG F VF XF AV VNC BU
1962
I 1951
1963
1952
1964
1965 I 1953
1954
1966
1967
I
SPECIAL NOTES,
ONE PESO
Type Eight
1970
1971
146 147
_ _ _1 _
Quantily G VG F VF XF AU UNC BU
Quantity G VG F VF XF AV VNC BV
L-------l..---L-I__1_ L- [ 1 1
Quantity G VG F VF ,-X",-F~~A~U"-,~U~'~·C'-,.~B~U,-
_ _ _ I_[JL-~l-[-,1_1
1957
I [ I I SPECIAL NOTES:
TEN PESO
I
I
Type Three
1960
Quantity G VG F VF
I
XF AU
1 I
VNC BU
I
148
II 149
,
I
2 PESO GOLD 10 PESO COLD
Quontlty G VG F VF XF AV UNC nu
Q tit y G VG F VF XF AU UN C BU
"'" 1905
1919
1920
".,
1944
1908
1945
1910
1946
1916
1947
1917
1919
.11/1 PESO GOLD
Qu
'"tit y G VG F VF XF AU UN C BU
1918 1955
1919
20 PESO GOLD
1920 Quantity G VG F VF XF AU U~C nu
192/10 1917
1944 1918
1945 1919
1946 1920
1947 192/10
1946 1921
192/n
5 PESO COLD
Quantitv G VG F VF XF AU UNC BU 1921/0
1905 192/11/0
,,.. 1959
1907
1910
I SPECIAL NOTES:
1916
1918/7
1919
1955
I
150 151
J
__ i~_ _
.50 PESO GOLD
Q uantlty G VG F VF XF AU UNC 5U
1921
1922
m,
1924
m,
1926
NUMIS:\IATIC ORGANIZATIONS
1927
AZTECA NUMISMATIC SOCIETY
1928 412 N. MYERS STREET
1929
I BURBANK, CALIFORNIA 91506
I SUITE A
YUMA, ARIZONA 85J64
SPECIAL NOTES,
1
1
152 153
)
_ _ _ _1 _
I
BIBLlOGR.~PHY
154
•