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Reforma Peso

Mexico

1857–1863

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

CountryMexico
Years Minted1857–1863
Composition90.3% silver, 9.7% copper
Weight27.07 g
Diameter37 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the Mexican coat of arms with an eagle perched on a cactus devouring a serpent, surrounded by the legend 'REPUBLICA MEXICANA'.

Reverse

Displays the denomination '1 PESO' in the center, with the year below and possibly mint marks.

History & Notable Facts

The Reforma Peso was struck using silver recycled from melted Spanish reales, a practical nod to Mexico's recent independence struggles. This recycling wasn't just thrift; it helped stabilize the economy during the turbulent Reform War years. Mintage figures vary by year and mint, with some records incomplete due to archival losses in the 19th century.

Design-wise, these coins featured a simple yet bold eagle on the obverse, free of the ornate flourishes that once denoted colonial rule. The reverse bore the denomination and date, keeping things straightforward. Variations exist, like those from the Mexico City mint versus Guanajuato, each with subtle differences in strike quality.

Not every Reforma Peso survived intact; wear from circulation was common, given their role as everyday money. As for myths, let's just say I've heard enough tall tales about hidden treasures to fill a vault. They were coins, not relics.

Some years, like 1863, show rarer subtypes, but exact production numbers remain murky.

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