1927 Mexico 2 Pesos obverseObverse

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1927 Mexico 2 Pesos

Mexico

1927

Reference data compiled from public catalogs

Estimated Melt Value

$38.44

Based on Silver spot price ($79.74/oz) · 90.0% purity · 16.66g

Updated 8:57 AM

Collector premium not included

Specifications

CountryMexico
Years Minted1927
Composition0.900 silver
Weight16.66 g
Diameter32 mm
ShapeRound
EdgeReeded

Design

Obverse

The obverse features the Mexican coat of arms, with an eagle perched on a cactus devouring a snake.

Reverse

The reverse displays the denomination '2 PESOS' along with the year and decorative elements.

History & Notable Facts

Weighing a precise 16.66 grams in .720 fine silver, the 1927 2 Pesos marked Mexico's effort to standardize its currency amid post-revolutionary reforms.

That standard helped stabilize trade, drawing on domestic silver supplies to replace the chaotic issues of the prior decade. The obverse features the national eagle perched on a cactus, clutching a serpent; the reverse simply states the denomination and year. Records from the Mexico City mint are spotty, so exact production figures remain unclear—likely in the millions, but that's guesswork.

Some call it the "reform peso," though that's a misnomer; it was always a 2 Pesos coin.

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AI Analysis & Price Prediction

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