Image: Wikimedia Commons · Bob Reis. · Public domain
Calles Peso
Mexico
1921–1935
Reference data compiled from public catalogs
Estimated Melt Value
$38.17
Based on Silver spot price ($79.17/oz) · 90.0% purity · 16.66g
Updated 6:41 PM
Collector premium not included
Specifications
| Country | Mexico |
| Years Minted | 1921–1935 |
| Composition | 90% silver, 10% copper |
| Weight | 16.66 g |
| Diameter | 34 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
The obverse features the Mexican coat of arms, depicting an eagle perched on a cactus with a snake in its beak.
Reverse
The reverse displays the denomination '1 PESO' along with the year and decorative elements.
History & Notable Facts
The Calles Peso's design, introduced in 1921, featured an eagle clutching a snake on a cactus, a motif that directly echoed the Mexican flag and underscored the country's post-revolution identity.
This silver coin, minted between 1921 and 1935 under President Plutarco Elías Calles's influence, was struck from .720 fine silver sourced from Mexican mines. That made it a practical choice for an economy still recovering from years of conflict. Weights varied slightly by year, typically around 13.5 grams, but exact figures depend on the specific issue.
Mintage numbers are spotty; some records burned in the 1930s archives fire, so precise totals remain uncertain. Still, these pesos circulated widely, serving as everyday currency amid political reforms.
One oddity: the eagle's expression on certain strikes looks almost smug, as if it knew it was outlasting empires.
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