COINS of Mexico

Here are pictures of Mexican Republican coin types.

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Mexico, 8 reales, 1822
Empire of Iturbide (1822-23)
uncirculated
(Alex Siegel/Mike Dunigan, Houston, 1997)


‘type 1’ small eagle
(aka infamous 1-footed eagle)

While 8 R's are extremely common of Iturbide they are almost always found circulated. In mint state his crowns are priced similarly to a choice US Barber quarter, though slightly harder to find.

There are 2 views on A. Iturbide.

One view is that Iturbide was acting selflessly to obey the orders of his government and was always loyal to the Spanish crown. He negotiated with, rather than fought, the Mexican revolutionaries and formed the "Army of the Three Guarantees" (Mexico's 3-color flag was developed from this.) He then became Emperor, ruling from 1822-23. He abdicated due to monetary problems and increasing social unrest. After some months in Europe, he felt his country needed him & he returned. Upon his arrival he was arrested by the local Tamaulipas State Congress and shot.

The other explanation (which I prefer) is that he switched sides when he saw there was more to be gained by joining the revolution than fighting it. After becoming Emperor he threw a wild party for 2 years until everyone got so tired of him, he was forced out. He returned in an attempt to overthrow the nacsent Mexican Republic.


Mexico, 1 Peso, 1866 Mo
Empire  of  Maximillian (1866-67)   
uncirculated (pcgs-63)
(Karl Stephens, 2004)




During the US Civil War, France (under would be expansionist Napoleon III) seized the opportuneity to take over the Mexican Republican government and placed a European ruler as Emperor over there.

Maximillian & his wife (???) were chosen. I've been told that Max really did care for Mexico and tried to set up reforms. Unfortunately for him, when the US Civil War ended, President Johnson told the French to withdraw their armies from Mexico.  When that happened, Max had no support and he was imprisoned and executed.


Mexico, 8 escudos, 1870
gem uncirculated
(Superior Auction, New York, 1999)


Std. gold type


"Strong Peso" Lib Cap type
Republic, 1898, ms (PCGS-66)
(Alex Siegel: Houston, TX)






"Cabalito (Horseman) Peso"
Republic1910, ms
(Alex Siegel: Houston, TX)






"Two Pesos" Standing Liberty
Republic, 1921, ms
(Alex Siegel: Houston, TX)






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