1 Peso    (sold for $56.0)

1908, Mexico (2nd Republic). Beautiful Large Silver "Eagle" Peso Coin. AU+

Mint Year: 1908 Reference: KM-409.2. Mint Place: Mexico (Mo) Denomination: Peso (Republican Dollar) Condition: Small edge-hit at 6 o'clock, otherwise a nice AU+ Material: Silver (.903) Weight: 27.04gm Diameter: 39mm

Obverse: Phrygian cap with "libertad" inscription, with 32 light rays. Legend: * UN PESO . Mo . 1908 . 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.