1863 Provisional Peso
Mexico
1863
Reference data compiled from public catalogs
Estimated Melt Value
$63.20
Based on Silver spot price ($80.42/oz) · 90.3% purity · 27.07g
Updated 3:01 AM
Collector premium not included
Specifications
| Country | Mexico |
| Years Minted | 1863 |
| Composition | 0.903 silver |
| Weight | 27.07 g |
| Diameter | 37 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Depicts the Mexican coat of arms with an eagle perched on a cactus devouring a serpent.
Reverse
Inscribed with the denomination 'UN PESO', the date 1863, and the mint mark.
History & Notable Facts
The 1863 Provisional Peso was hastily struck on planchets recycled from melted Spanish reales to keep commerce afloat amid the French intervention's chaos.
That recycling wasn't just thrift; it reflected the dire shortages in Mexico City, where French troops had disrupted normal minting operations. Authorities improvised with whatever silver they could scrounge, turning colonial relics into emergency currency.
Exact mintage figures? Gone, likely lost in the era's upheavals—no one kept tidy records during a war. What we do know is that these coins circulated briefly before the conflict shifted again.
Some numismatists claim they spot French influences in the design, but that's probably just wishful thinking.
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