Item Overview:

Up for sale is a beautiful, authentic 1938 Silver Un Peso coin from Mexico. This iconic "Cap and Rays" design is a favorite among world coin collectors for its bold imagery and historical significance. Struck by the Mexico City Mint (marked with the "M" mintmark), this coin represents an era of high-quality silver coinage in North America.

​Design Highlights:

​Obverse: Features the National Coat of Arms of Mexico: a powerful Mexican golden eagle perched on a cactus, devouring a snake. Surrounded by the inscription "ESTADOS UNIDOS MEXICANOS." You can also see the silver purity "0.720" clearly stamped above the eagle.

​Reverse: Showcases the Phrygian "Liberty Cap" (Gorro Frigio) with radiant sunbeams emanating from behind it. The word "LIBERTAD" is inscribed on the cap. Below the cap is the denomination "UN PESO," the year "1938," and the "M" mintmark.

​Technical Specifications:

​Year: 1938

​Mint: Mexico City (M)

​Composition: .720 Fine Silver (Ley .720)

​Weight: 16.66 grams

​Diameter: 34 mm

​Edge: Lettered (Independencia y Libertad)

​Condition Note:

This coin is in excellent vintage condition with strong details visible on the eagle's feathers and the rays of the Liberty cap. It retains a nice luster and has a pleasing "circulated-but-preserved" look. Please refer to the high-resolution photos provided to make your own final assessment of the grade. The coin is currently housed in a protective 2x2 cardboard flip to ensure it arrives in the condition pictured.

​Why Add This to Your Collection?

The 1930s Mexican Pesos are becoming increasingly popular due to their high silver content and beautiful craftsmanship. Whether you are a "stacker" of silver bullion or a numismatist focusing on Latin American history, this 1938 Peso is a must-have piece of Mexican heritage.