The Mexican currency is called Peso and its symbol is $. The Peso and the US Dollar have both its origin in the 15th-19th century Spanish dollar. The peso was originally the name of the eight real coins issued in Mexico by Spain and the first currency to use the $ symbol. Its ISO code is MXN. The silver and bronze coloured 5 Mexican peso coin has a stainless steel ring and an aluminium-bronze centre. The designs on the silver outer ring on the $5 side represent the Ring of Serpents on the Aztec Sun Stone (Piedra del Sol, also known as the calendar stone), from the Aztec Empire, or the Triple Alliance, the alliance of the Nahua.

Explore Mexico by collecting Mexican coins. Discover that the Mexican mint was the first coin mint established in the Americas.

Collecting world coins from Mexico is going to be an enjoyable learning experience. You will not only discover the history of Mexican coins, you will also know about the history of the country. Eventually, this will make you understand more their culture, heritage, and people. Explore Mexico by collecting Mexican coins that worth money.

Here are some ways to start the Mexican coin collection

1.) Learn the history of coinage in Mexico

To deepen your appreciation of collecting Mexican coins, go learn about the complex history of Mexican coinage. Discover what was the medium of exchange used by Mexican merchants for their trade when coins did not exist yet. Read books, read articles, and trace the beginnings and developments of the Mexican peso.

It is also worthy to note that the Casa de Moneda de Mexico (Mexican Mint) is the first coin mint in the Americas. It was established in 1535 when the Viceroy Antonio de Mendoza arrived to the New Spain (a political unit of Spanish territories in North and Central America and Asia Pacific).

De Mendoza brought a royal order from the Spanish monarch to build the first mint in America. For more than 300 hundred years, the silver and gold coins produced by the Mexican Mint were the basis of money circulating in the country and became export products.

2.) Identify Mexican coins

There can be plenty of coins you will find in Mexican numismatics. It is very important that you know how to identify Mexican coins, know their coin prices, their historical and numismatic significance, and more.

Types of valuable Mexican coins

Rare Mexican coins worth money

Collecting rare Mexican coins can be a bit challenging but fulfilling at the same time. There is no greater sense of achievement when a numismatist locates a valuable rare coin and gets to own it.

Aside from being challenging, rare Mexican coin collecting can be an expensive hobby too.

An example of a rare Mexican coin that worth money is the 1988 Mexican 500 peso gold coin. It is a commemorative issue of the 50th Anniversary of Nationalization of Oil Industry with gold composition (.900) and weighs 17.28 grams. This coin is so rare that many coin collectors have not seen one of these coins over the years.

Silver coins of Mexico

One of the most famous Mexican silver coins is the Libertad. First introduced in the 1940s, the silver Libertad was not minted for many years and was only produced again in the 80s.

Currently, the Mexican Mint produces modern and exquisite Mexican Libertad silver bullion coins primarily for bullion coin investors and to collectors as well. The Libertad also come in gold.

Mexican gold coins

The Mexican gold coins are composed of ancient pieces to modern numismatic items. The Aztec Empire was famous for their use of gold in various artifacts, accessories and coins while during the Spanish rule, gold escudos were produced and used.

When Mexico gained its independence its coinage remained based on the Spanish currency (e.g. Mexican gold peso) until 1864. Today, examples of famous Mexican gold coins are the bullion coins 1 Onza and Mexican 50 peso gold coin.

Mexican error coins

Coin errors are mistakes that occurred during the minting of coins. The mint mistakes on Mexican error coins would vary from off-centering, die breaks, to misstrikes and these errors are most common on centavo and/or peso coins.

Uncirculated Mexican coins

Collecting uncirculated Mexican coins are worth your time and investment. Most of these uncirculated coins are valuable Mexican coins and sometimes rare. You can buy these coins from a local coin dealer shop or from reputable online coin stores, be sure that the coins are PCGS and NGC certified.

Examples of uncirculated coins you can buy online are the Mexican 5 peso silver coin that honors the last Aztec King and the 1921 Gold 50 Peso Mexican coin, the latter will cost you $4,000 USD to have the gold coin in your collection.

The Mexican money: circulating coins

Of course, above everything else, there is the Mexican money which is composed of peso and centavo coins. Collecting the circulating coins of Mexico is one exciting feat indeed. You can collect by denomination, by year or by every change in design. It is quite easy but enjoyable.

3.) Choose what Mexican coins to collect

Because of the countless possibilities in collecting Mexican coins, it is important to set your purpose to set your direction in the hobby. Decide what coins you would want to focus on.

If you are a lover of history, then collect old Mexican coins like coins from the Aztec Empire, the era of Spanish rule, to the Independence Movement and so on.

If you are after the beauty and condition of the numismatic piece, collecting high graded coins will suit your fancy. If you are a numismatist who is in for a little challenge, try rare Mexican coins.

But if you are the collector who wants to keep it simple and fun, go for the circulating coins – the Mexican peso and centavo coins. On the other hand, for those who intend to invest on gold coins and other bullion coins, Mexican silver coins and gold coins are ideal.

4.) Buy Mexican coins wisely

Being a wise buyer is being a wise coin collector. Know where and how to buy foreign coins like Mexican coins. Here are a few basic tips:

Buy from reputable world coin dealers

This is a common advice because it is always an effective one – look for reputable Mexican coin dealers. By reputable it means sellers who are accredited by numismatic institutions or organizations, recommended by expert numismatists, and preferably those who are in the coin business for a long time.

In case of Mexican bullion coins, it is best to buy from the coin mint.

Ensure authenticity

This is mostly important when you are buying expensive Mexican coins. To ensure authenticity of the coin, always ask for the certificate of authenticity. When it comes to graded coins, only accept the pieces evaluated by a well-established professional coin grading company.

Know Mexican coin values

Keep updated coin price guides handy. They are very helpful both in determining coin values and analyzing the changes in the coin market. Compare Mexican coin prices from different dealers and coin shops and determine the differences between prices.

Study the Mexican coins for sale

Do not go for impulsive buys. Before you purchase the Mexican coins for sale at your local coin shops, study the coin carefully. Whether out of fraud or not, you can be buying the wrong coin – it can be a fake Mexican gold coin, a wrongly attributed Aztec coin, or an overvalued rare Mexican silver Libertad.

5.) Maintain your Mexican coin collection

It is not enough that you buy your coins; the numismatic hobby also involves storing and displaying your collection properly.
Buy the right coin collecting supplies and go for tested and trusted brands. For example, Whitman and Dansco are two of the popular and recommended names when it comes to coin folders and albums.

Air-Tites are also famous for their air tight coin holders that prevent coins from being exposed to humidity, air, water, and dust.

6.) Keep yourself informed

Remember that collecting coins is a continuing journey. Keep yourself updated with news related to numismatics – newly found ancient Aztec coins, a new design of the Mexican Libertad, an upcoming auction for famous rare coins in Mexico and a lot more.

If you want to make the most of the hobby, getting left behind should not be a choice.

7.) Join numismatic clubs

Become a member of numismatic groups or clubs that concentrate on Mexican coins. Here you will find friends that share the same interests.

It will also be an avenue where you can ask coin experts about your collection of Mexican coins, or you can impart your knowledge to beginners in collecting world coins minted in Mexico.
Numismatic clubs as well sponsor events, tours, and lectures to enrich the knowledge of its members about the hobby.

ONLINE COINS CATALOG

Previous - Mexican coins before 1992

United States of Mexico (from 1905)

Reform 1992
Mexican Peso=100 centavos

50 new pesos 1993 (1993-1995)
bi-metallic - silver/brass
circulation coinage
N$50 1993 / NINOS HEROES / Six heads facing within 1/2 wreath
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $25-30
20 new pesos 1993 (1993-1995)
bi-metallic - silver/aluminum-bronze
circulation coinage
N$20 1993 / HIDALGO / Head left
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $15-20
20 pesos 2000 (2000-2001)
bi-metallic - copper-nickel/brass
commemorative coin
Millennium - Xiuhtecuhtli, Lord of fire and year
FUEGO NUEVO / $20 / XIUHTECUHTLI / ANO 2000 / Aztec god with a torch in a circle with thorns
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $15-20
20 pesos 2014
bi-metallic - copper-nickel/brass
commemorative coin
Centenary of heroism in the port of Veracruz
CENTENARIO DE LA GESTA HEROICA DE VERACRUZ / JOSE AZUETA / VERGILIO URIBE / ESCUELA NAVAL / N$20 / 1914-2014 / Reliefs of Virgilio Uribe and Jose Azueta, Mexico’s naval Academy building
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $4-6
20 pesos 2015
bi-metallic - copper-nickel/brass
commemorative coin
200 Years from the Death of José Maria Morelos (President of the Supreme Mexican Government)
VEINTE PESOS / BICENTENARIO LUCTUOSO DEL GENERALISIMO JOSE MARIA MORELOS Y PAVON / 1815 2015 / Bust left
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $4-6
20 pesos 2016
bi-metallic - copper-nickel/brass
commemorative coin
50th Anniversary of Plan DN-III-E
VEINTE PESOS / $20 / SECRETARIA DE LA DEFENSA NATIONAL / 50 ANOS PLAN DN-III-E / EJERCITO Y FUERZA AEREA MEXICANOS / Tomb-stone with emblems of Mexican Army and Air Force
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $4-6
20 pesos 2017
bi-metallic - copper-nickel/brass
commemorative coin
100th Anniversary of Constitution
$20 / CENTENERIO DE LA CONSTITUCION POLITICA DE LOSESTADOS UNIDOS MEXICANOS / 1917-2017 / 5 DE FEBRERO 1917 / PASTOR ROUAIX / VENUSTIANO CARRANSA HERIBERTO JARA / FRANCISCO J. MOGICO / Pastor Rouaix, Venustiano Carranza, Francisco J. Múgica and Heriberto Jara and original cover page of the 1917 Constitution in center
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $4-6
10 new pesos 1994 (1992-1995)
bi-metallic - silver/aluminum-bronze
circulation coinage
N$10 1994 / DIEZ NUEVOS PESOS / Aztec design of Tonatiuh with the Fire Mask
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $8-10
10 pesos 2016 (1997- )
bi-metallic - copper-nickel/brass
circulation coinage
$10 2016 Mo / DIEZ PESOS / Aztec design of Tonatiuh with the Fire Mask
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
10 pesos 2012
bi-metallic - copper-nickel/brass
commemorative coin
150th Anniversary of Pueblo Battle
1862$10 2012 / Gral I.ZARAGOZA / 150 ANNIVERSARIO DE LA BATALLA DE PUEBLA5 DE MAYO / Bust left
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $3-4
5 new pesos 1993 (1992-1995)
aluminum-bronze/stainless steel
circulation coinage
1993 / N$5 / Value and date within ornamental circle
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $1-2
5 pesos 2016 (1997- )
aluminum-bronze/stainless steel
circulation coinage
2016 / $5 / Value and date within ornamental circle
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $1-2
5 pesos 2008
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
100th Anniversary of Revolution - Francisco Mugica
CENTENARIO DE LA REVOLUCION / $5 2008 / FRANSISCO MUGICA / MEXICO 2010 / Bust 3/4 facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2008
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
100th Anniversary of Revolution - Heriberto Jara
CENTENARIO DE LA REVOLUCION / $5 2008 / HERIBERTO JARA / MEXICO 2010 / Bust 3/4 facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2008
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
100th Anniversary of Revolution - Alvaro Obregon
CENTENARIO DE LA REVOLUCION / $5 2008 / ALVARO OBREGON / MEXICO 2010 / Bust 3/4 facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2008
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
200th Anniversary of Independence - Mariano Matamoros
BICENTENARIO DE LA INDEPEDENCIA / $5 2008 / MARIANO MATAMOROS / MEXICO 2010 / Bust 3/4 facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2008
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
200th Anniversary of Independence - Hermenegildo Galeana
BICENTENARIO DE LA INDEPEDENCIA / $5 2008 / HERMENEGILDO GALEANA / MEXICO 2010 / Bust 3/4 facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2008
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
200th Anniversary of Independence - Carlos Maria de Bustamante
BICENTENARIO DE LA INDEPEDENCIA / $5 2008 / CARLOS MARIA DE BUSTAMANTE / MEXICO 2010 / Bust left
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2008
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
200th Anniversary of Independence - Francisco Xavier Mina
BICENTENARIO DE LA INDEPEDENCIA / $5 2008 / FRANCISCO XAVIER MINA / MEXICO 2010 / Bust facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2009
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
100th Anniversary of Revolution - Belisario Dominguez
CENTENARIO DE LA REVOLUCION / $5 2009 / BELISARIO DOMINGUEZ / MEXICO 2010 / Bust 3/4 facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2009
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
100th Anniversary of Revolution - Carmen Serdan
CENTENARIO DE LA REVOLUCION / $5 2009 / CARMEN SERDAN / MEXICO 2010 / Bust 3/4 facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2009
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
100th Anniversary of Revolution - Luis Cabrera
CENTENARIO DE LA REVOLUCION / $5 2009 / LUIS CABRERA / MEXICO 2010 / Bust 3/4 facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2009
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
100th Anniversary of Revolution - Andres Molina Enriquez
CENTENARIO DE LA REVOLUCION / $5 2009 / ANDRES MOLINA ENRIQUEZ / MEXICO 2010 / Bust 3/4 facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2009
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
100th Anniversary of Revolution - Filomento Mata
CENTENARIO DE LA REVOLUCION / $5 2009 / FILOMENO MATA / MEXICO 2010 / Bust facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2009
bi-metallic - aluminum-bronze/stainless steel

Mexican Coins Value

commemorative coin
100th Anniversary of Revolution - Eulalio Gutierres
CENTENARIO DE LA REVOLUCION / $5 2009 / EULALIO GUTIERRES / MEXICO 2010 / Bust 3/4 facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2009
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
200th Anniversary of Independence - Servando de Mier
BICENTENARIO DE LA INDEPEDENCIA / $5 2009 / SERVANDO DE MIER / MEXICO 2010 / Bust left
ESTADOS UNIDOS MEXICANOS / National arms

Mexican Coins $500

Coin value - $2-3
5 pesos 2009
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
200th Anniversary of Independence - Jose Maria Cos
BICENTENARIO DE LA INDEPEDENCIA / $5 2009 / JOSE MARIA COS / MEXICO 2010 / Bust 3/4 facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2009
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
200th Anniversary of Independence - Nicolas Bravo
BICENTENARIO DE LA INDEPEDENCIA / $5 2009 / NICOLAS BRAVO / MEXICO 2010 / Bust 3/4 facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2009
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
200th Anniversary of Independence - Augustin de Iturbide
BICENTENARIO DE LA INDEPEDENCIA / $5 2009 / AUGUSTIN DE ITURBIDE / MEXICO 2010
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2009
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
200th Anniversary of Independence - Pedro Moreno
BICENTENARIO DE LA INDEPEDENCIA / $5 2009 / PEDRO MORENO / MEXICO 2010 / Bust 3/4 facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
5 pesos 2010
bi-metallic - aluminum-bronze/stainless steel
commemorative coin
200th Anniversary of Independence - Vecente Guerrero
BICENTENARIO DE LA INDEPEDENCIA / $5 2010 / VICENTE GUERRERO / MEXICO 2010 / Bust 3/4 facing
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - $2-3
2 new pesos 1994 (1992-1995)
bi-metallic - aluminum-bronze/stainless steel
1994 / N$2 / Value and date within ornamental circle
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - <$1
2 pesos 2016 (1996- )
bi-metallic - aluminum-bronze/stainless steel
2016 / $2 / Value and date within ornamental circle
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - <$1
1 new peso 1992 (1992-1995)
bi-metallic - aluminum-bronze/stainless steel
1992 / N$1 / Value and date within ornamental circle
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - <$1
1 peso 2016 (1996- )
bi-metallic - aluminum-bronze/stainless steel
2016 / $1 / Value and date within ornamental circle
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - <$1
50 centavos 1997 (1992-2009)
aluminum-bronze
1997 50 C / Value, ornament
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - <$1
50 centavos 2016 (2009- )
stainless steel
2016 50 C / Value, ornament
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - <$1
20 centavos 2002 (1992-2009)
aluminum-bronze
2002 20 C / Value and date within 3/4 wreath
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - <$1
20 centavos 2016 (2009- )
stainless steel
2016 20 C / Value and date within 3/4 wreath
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - <$1
10 centavos 1999 (1992-2009)
stainless steel
1999 10 C / Value, ornament
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - <$1
10 centavos 2016 (2009- )
stainless steel
2016 10 C / Value, ornament
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - <$1
5 centavos 1994 (1992-2002)
stainless steel
1994 5 C / Value, ornament
ESTADOS UNIDOS MEXICANOS / National arms
Coin value - <$1

See also:
US dollars
US cents