Iturbide Coronation
Mexico
1822–1823
Reference data compiled from public catalogs
Estimated Melt Value
$62.22
Based on Silver spot price ($79.17/oz) · 90.3% purity · 27.07g
Updated 6:41 PM
Collector premium not included
Specifications
| Country | Mexico |
| Years Minted | 1822–1823 |
| Composition | 90.3% silver |
| Weight | 27.07 g |
| Diameter | 39 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Bust of Emperor Agustín de Iturbide facing right, with inscriptions indicating his title as emperor of Mexico.
Reverse
Crowned eagle perched on a cactus devouring a serpent, surrounded by the denomination and date.
History & Notable Facts
The Iturbide Coronation coin was hastily struck in 1822 using planchets recycled from Spanish reales, turning the enemy's silver into a symbol of Mexico's newborn empire.
This 8-reales piece features Agustín de Iturbide's portrait on the obverse, complete with a laurel wreath that hints at his imperial ambitions. On the reverse, you'll find the Mexican eagle perched on a cactus, a design borrowed from earlier independence coins. Mintage figures are murky; records from the Mexico City mint were likely destroyed in later conflicts, so exact numbers remain a guess.
Iturbide's reign lasted less than a year, making these coins rare survivors of a short-lived experiment in monarchy. While some claim they were hoarded as talismans, that's probably just collector folklore.
Some patterns exist, but circulating examples show the wear of real use.
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