Peso: coin of United Mexican States; 100 centavo

PESO: COIN OF MEXICO

1 peso, 1971: United Mexican States

1 peso, 1971: United Mexican States

UN PESO: one peso.

José María Teclo Morelos Pérez y Pavón — National Hero of Mexico; Catholic priest, statesman and military leader who led the Mexican War of Independence movement.

Mo: symbol of Mexican Mint (La Casa de Moneda de México).

ESTADOS UNIDOS MEXICANOS: United Mexican States.

Black and White Version of the Seal of the Government of Mexico (most similar to the Coat of arms of Mexico, but there are minor differences). — Mexican (golden) eagle perched on a prickly pear cactus devouring a rattlesnake.

Mintage: 426.222.000 (this coin was minted almost every year during 1970-1983; the circulation of 1971 is the most massive).

  • Copper-nickel: 29 mm - 9 g
  • Reference price: 0.8$

COIN PESO — WHERE & WHEN (coins catalog: by names & emitents)

It is interesting that the term "peso" is conventionally used to refer to Spanish silver coins with a value of 8 reals, issued since the 16th century. In the numismatic catalogs, not a single Spanish coin can be found that contains the designation "peso". Formally, the first peso-denominated coins appeared only in the 19th century in South America.

  1. MEXICO (MEXICAN REPUBLIC, MEXICAN EMPIRE, UNITED MEXICAN STATES): peso = 100 centavo (1866-…)
  2. ARGENTINE REPUBLIC (1881-…): peso = 100 centavo
  3. REPUBLIC OF CHILE (1817-…): peso = 8 real (1817-1834); peso = 10 decimo = 100 centavo (1853-1958); peso = 100 centavo (1975-…)
  4. COLOMBIA (REPUBLIC OF NEW GRANADA, GRANADINE CONFEDERATION, UNITED STATES OF COLOMBIA, REPUBLIC OF COLOMBIA): peso = 8 real (1825-1846); peso = 10 decimo = 100 centavo
  5. REPUBLIC OF COSTA RICA (1850-1872): peso = 8 real (1850-1862); peso = 100 centavo (1864-1872)
  6. REPUBLIC OF CUBA (1898-...): peso = 100 centavo
  7. DOMINICAN REPUBLIC (1897-...): peso = 100 centavo
  8. REPUBLIC OF EL SALVADOR (1892-1914): peso = 100 centavo
  9. REPUBLIC OF GUATEMALA (1859-1923): peso = 8 real; peso = 100 centavo (1869-1923)
  10. REPUBLIC OF HONDURAS (1862-1922): peso = 100 centavo
  11. REPUBLIC OF PERU (1823): peso = 8 real
  12. ORIENTAL REPUBLIC OF URUGUAY (1877-...): peso = 100 centésimo
  13. REPUBLIC OF PARAGUAY (1889-1939): peso = 100 centavo
  14. PUERTO RICO (1895): peso = 100 centavo
  15. PHILIPPINES (Spanish + US Administrations): peso = céntimo (1861-1897); peso = 100 centavo (1903-1967)
  16. REPUBLIC OF GUINEA-BISSAU (1977-1996): peso = 100 centavo

About the name of the coin peso: literally translated from Spanish, the term "peso" means "weight".
As for "peso" as the name of the coin, there is a version of the origin of the term in Spain in the Middle Ages (in the context of the conquistadors' conquests on the shores of America, recently discovered by Christopher Columbus). From the looted silver the Spaniards made ingots, cutting into small parts of which they received substitutes for money — Spanish "Peso" (weight, piece).