The United States is not the only country that has ancient and valuable coins for collectors. Taking advantage of the fact that many of us Latinos who come to this nation are Mexican, it is common for us to return to our lands when we can. If you are thinking of going to Mexico, you may want to know about the 5 coins that can be worth thousands of dollars. Maybe you’ll become a treasure hunter on your next trip.
“The most valuable Mexican coins will be those minted during the Spanish colonial era from the beginning of the 16th century until the Independence of Mexico in 1821,” Sam Totty of Santa Monica Jewelry told GOBankingRates. “Especially the coins minted during the first part of this period have historically been the top sellers at auction.”
What are these coins? Possibly, The history of Mexico gives us more important piecesbut these are what we have discovered to be the 5 most valuable coins of the southern neighbor:
1. Weight of the Revolutionary period in Mexico (1913-1914)
The Peso is the basic value of the currency in Mexico, therefore, it is the one with the most history. The period of the Mexican Revolution is one of the most important historical events in the country, that’s why its weightspecifically the one between 1913 and 1914 (although the historical event extends from 1910 to 1921), It is one of the most valuable currencies.
According to Totty’s testimony, a Mexican peso from the revolutionary period of 1914 in good condition, an MS63, It sold at auction for around $35,000.. The same coin, in a lower grade Mint State 70, can sell for $250 on eBay.
2. Insurgente Coin, 8 Reales from Zitácuaro (1811)
We move from an important historical event to another equally transcendent one: the Independence of Mexico. The insurgent coin of 8 Reales of Zitácuaro is part of history, as they were minted after a “Supreme National Board” was established in Zitácuaro, Michoacán, in August 1811. It is the first time that an eagle and a cactus appear on the coin.
There are only three known examples of the 8 reales minted at the Zitácuaro mint, according to Coin Value Checker. These specimens were found in a shipwreck and were later auctioned.
“A collector owns one copy, while the second It sold at a Heritage auction for $373,750.“says the portal. “The last one is still for sale, estimated at $200,000 to $250,000. This last remaining piece is graded Extra Fine (EF) 40 by the Numismatic Guaranty Company.”
3. A Real of 8-Escudos (1714)
The Real de 8-Escudos, 1714, with a grade NGC MS65, is as valuable as it is rare and for many collectors and numismatic specialists has a “gem quality” statussomething like a diamond.
The history of the royal 8 escudos coins is said to be related to the wedding ceremony and royal marriage of Philip V, King of Spain, and Isabella of Farnese.
Coin Value Lookup reports that in 2008, the 1714 Royal 8-Escudos was estimated to be worth between $100,000 and $125,000. At the auction, a bidding war broke out for the coin and the winner was able to add it to his collection for a whopping $310,500..
4. Silver peso (1914)
The value of this coin is not so much due to its material, let’s say that a Mexican peso minted in silver in 1914 does not seem so rare. However, for a long time it was rumored that this coin did not exist at all. When it finally appeared, it was given an MS62 grade, and there is only one of its kind in existence or at least added to the records, according to Coin Value Lookup.
“Designed by French engraver Charles Pillet, this coin is considered by many to be a numismatic masterpiece of the last century,” explained Ted Ancher, director of numismatics at APMEX.
In 2008, the price of the 1914 silver peso was quoted between $20,000 and $25,000 dollars, but It sold at auction for $35,650..
5. 8 Reales (1538)
The great value of this 8 Real coin is due solely to its time of existence. And is not for less, Getting any piece of anything that comes from 1538 is priceless.for the simple fact that not any object survives the passing of time, much less centuries.
“To date, the most valuable Mexican coin ever sold was an 8 reales from 1538 that It sold at auction for more than $500,000 less than 10 years ago.“Totty described. “There are only 3 known specimens.”
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