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
| Country | Mexico |
| Years Minted | 1857–1863 |
| Composition | 90.3% silver, 9.7% copper |
| Weight | 27.07 g |
| Diameter | 37 mm |
| Shape | Round |
| Edge | Reeded |
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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