1 Peso

1871, Mexico (2nd Republic). Silver Scales Peso Dollar Coin. Zacatecas! NGC XF+

Mint Year: 1871
Reference: KM-408.8.
Mint Place: Zacatecas (Zs)
Denomination: "Scales" Peso (Republican Dollar)
Condition: Certified and graded by NGC as XF (Details: Cleaned!)
Material: Silver (.903)
Weight: ca. 27gm
Diameter: 37mm

Obverse: Illuminated Phrygian cap with "libertad" inscription, above scales, sword and scroll.
Legend: UN PESO Zs H . 902.7

Reverse: Eagle with a snake in its beak, standing on isle with a cactus plant, surrounded by water. Date and wreath below.
Legend: REPUBLICA MEXICANA (terminated by olive and oak branches) 1871

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.