1872 Mexican 1 Peso "Balanza" silver coin

1872 Mexican 1 Peso "Balanza"

Country: Mexico
Period: Federal Republic (1823-1905)
Years1869-1873
Value: 1 Peso (MXP)
Composition: Silver .9027
Weight: 27.073 g
Diameter: 37.7 mm

This 1 Peso coin was produced by Mexico between 1869 and 1873. Its weight and purity is based on the same standard as the famous Spanish silver dollar (8 Reales), weight is 27.073 g (1 Real was 3.383 g) and fineness 20 Dineros, 40 Granos (20 Ds 40 Gs). Pure silver was 12 Dineros and each Dinero was further divided into 24 Granos. In this case 10 Ds + 20 Gs= 10/12 + 20/288 = .8333 + .0694 = .9027 fineness, guaranteed by Mexican law (Ley), as stated on the coin.

Obverse: National coat of arms, eagle with snake in beak standing on cactus , year 1872

Reverse: Scales of justice (balanza), radiant phrygian cap at top, symbol of liberty (libertad), law scroll (ley) below crossed by sword. Denomination 1 Peso, Mint mark (Mexico City, Mo) and fineness .9027

Shipping:
Standard post € 2.00
Registered post €10.00
Save on postage if you buy multiple coins