Mexico 1938-M peso

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from the Mountain Groan Collection
from the Mountain Groan Collection

This specimen is from a type struck in massive numbers 1920-45 at the Mexico City mint (the last branch mint having closed in 1905). This date is very common and worth only its bullion content in circulated condition. The previous types (KM 453, struck 1910-14 and KM 454, struck 1918-19) had more silver.

Record mintage: 30,000,000.

Specification: 16.66 g, .720 fine silver, .385 troy oz ASW.

Catalog reference: KM 455.

Source:

  • Bruce, Colin R., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 35th ed., Iola, WI: Krause Publications, 2007.
  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • Harris, Robert P., A Guide Book of Modern Latin American Coins, Racine, WI: Whitman Publishing Co., 1966.
  • Utberg, Neil S., The Coins of Mexico, 1536-1963, San Antonio, TX, 1963.

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