1 Peso    (sold for $40.0)

1901, Mexico (2nd Republic).  Beautiful Large Silver "Eagle" Peso  Coin. AU+

Mint Year: 1901 Reference: KM-409.2. Mint Place: Mexico (Mo) Condition: Minor contact-marks and small scratches and digs, otherwise a nice lustre AU+ Denomination: Peso (Republican Dollar) Material: Silver (.903) .7860 oz ASW. Weight: 27.11gm Diameter: 39mm

Obverse: Phrygian cap with "libertad" inscription, with 32 light rays. Legend: * UN PESO . Mo . 1901 . A . M . 902,7

Reverse: Eagle with a snake in its beak, standing on a cactus plant, sea waves below. Legend: REPUBLICA MEXICANA (terminated by olive and oak branches)

The peso was originally the name of the eight-real coins issued in Mexico by Spain. These were the so-called Spanish dollars or pieces of eight in wide circulation in the Americas and Asia from the height of the Spanish Empire until the early 19th century. After Mexico gained its independence in 1821, the new government continued the Spanish monetary system of 16 silver reales = 1 gold escudo, with the peso of 8 reales the largest silver coin. Paper money was also issued, denominated in pesos.

Mexico, officially the United Mexican States,           is a federal constitutional republic in North America. It is       bordered     on the north by the United States of America; on the   south     and west   by   the Pacific Ocean; on the southeast by   Guatemala,     Belize, and the     Caribbean Sea; and on the east by the   Gulf of     Mexico. Covering almost     two million square kilometres   (over 760,000     sq mi), Mexico is the fifth     largest country in the   Americas by   total   area and the 13th largest     independent nation   in the world.   With an   estimated population of over     113 million,   it is the   world's eleventh   most populous country and the     most   populous   Spanish-speaking   country. Mexico is a federation       comprising   thirty-one states and a   Federal District, the capital   city.