![]() The reverse (or tails side) of the 1971 one peso coin features the denomination “ UN PESO”, and the portrait of José Maria Teclo Morelos y Pavón to the right of center. It also has a Rarity Index value of 3 the index runs from 0 to 100 with 0 being the most common and 100 being the rarest coin or banknote in comparison with other coins and banknotes. Of these years, it has the highest mintage – 426,222,000 coins were minted in total during this year! This makes it one of the, if not the most common coin of this series.Īccording to Numismata, the 1971 one peso has a frequency of 53%, the highest of all pesos produced between 19. The 1971 one peso coin has the same design as all one peso coins minted between 19. The new 1 peso coin is worth 1000 times the old 1 peso coin.Īlso Read: Most Valuable Mexican Coins Worth Money: What Came First, Peso Or Real? 1971 Un Peso: Coin Design & Specifications From 1993 onwards, when Mexico revalued their currency, the “new peso” (nuevo peso) was brought into circulation. What is commonly called the “old Mexican peso” was minted between 18. From 1863, the peso could be officially sub-divided into 100 centavos. Pesos were used as an official currency in the US until as late as 1857. When Mexico gained independence from Spain in 1821, the country retained peso as their everyday currency. The currency originated from the Spanish official currency, the “real”, also known as the Spanish dollar. The Mexican un peso, or 1 peso, uses the sign $ (or sometimes Mex$) or the currency code MXP. Let’s start with the basics: what is a Mexican peso? When was it first minted? And how did it originate? We will also provide a coin grading guide, as well as a buying and selling guide. Join us to find out more about the history of the one peso coin, how to identify a 1971 one peso coin and its associated value in different conditions. This makes it an easy coin to get your hands on when beginning a collection. It has a very low value overall, averaging less than $1. While the 1971 un peso is a very common coin, the most frequently found of all one peso coins of this series, it is still a desirable coin to have in any numismatic collection. An iconic design which was produced between 19, this one peso coin features the Mexican coat of arms and the head of an iconic figure in Mexican history – José Maria Teclo Morelos y Pavón. The 1949-1972 coins issued with the 1947 date mark had a total mintage of 3.97 million coins.The 1971 un peso (one peso) coin was minted in the oldest mint in the Americas – La Casa de la Moneda, the National Mint of Mexico. The original 1921-1931 issues had a mintage high of 716,000 coins in 1925 and a mintage low of 180,000 in 1921. Original 50 Peso Mexican Gold Coins had relatively low mintage figures throughout its production history. These coins could feature various depictions of the Mexican coat of arms, but the general design remains focused on a golden eagle on a cactus perch as it battles with a snake. The reverse of all 50 Peso Mexican Gold Coins features the coat of arms for Mexico. The left hand is down at her side and clutches the broken chains of servitude. Designed by Emilio del Moral, this image features a front-facing Angel of Independence as she holds the wreath crown of military victory and self-governance over her head in her right hand. On the obverse side of the 50 Peso Mexican Gold Coin, you’ll find the original depiction of Winged Victory. All coins in the collection issued from 1949 to 1972 typically have a set 1947 date mark. The coins were issued regularly from 1921 to 1931, with production restarted in 1943 to meet rising demand for gold coins. The 50 Peso Mexican Gold Coin is more commonly known today as the gold Centenario, so-called because it was first issued in 1921 by the Mexican Mint to commemorate 100 years of Mexican independence from Spanish colonial rule.
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