A question about Mexican Pesos...........................

goldboy · August 12, 2007 2:22AM

With regard to the 1945 2 Pesos coin, I have noticed some carry the "M" mark beneath the wreath while some dont. What is the significance of this (if any)? Is this a mint mark and would one be a restrike?

I have also noted the "M" on older (1800's) coins as well...................................

TwoKopeiki · August 12, 2007 2:39AM

That is, in fact, mint-mark of Mexico City mint. I haven't seen 1945's 2 pesos without a mint-mark, to tell you the truth, however I haven't really been looking at this series closely. The coin was introduced in 1919 and was given a popular name "Quinto Hidalgo", or one-fifth of a "Hidalgo", the Ten Pesos gold coin. Diameter 13 mm, weight 1.666 grams, composition .900 gold .100 copper.

Mintages:

1919 - 1,670,000
1920 - 4,282,418
1944 - 10,000
1945 - 140,000 (not counting re-strikes)
1946 - 167,500
1947 - 25,000
1948 - 45,000

During 1951-1959, 725,000 pieces were re-struck dated 1945. Not sure what are the unique characteristics of the originals, perhaps someone else could help with that. By the way, I think there's a 1944 on eBay right now, if anyone is following this series.

Cheers!

goldboy · August 12, 2007 4:37AM

Thanks Two -

Great Info!!!!!

A question about Mexican Pesos...........................

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