Caballito Silver Peso 1913 MS 62
$1,250.00
$1,290.62
Check/Wire
Credit Card
| Quantity | Check/Wire | Credit Card |
|---|---|---|
| 1+ | 1,250.00 | 1,290.62 |
- SKU: BFB005778
- Categories: WORLD THE AMERICAS MEXICO
The Caballito silver peso was a Mexican coin first issued in the 1730s during the colonial period. Its nickname, “Caballito” (little horse), comes from the depiction of a mounted rider on the obverse, symbolizing the viceroyalty’s authority and Spanish colonial power. Struck in high-purity silver, the coin’s reverse typically showed the royal coat of arms and denomination. Caballito pesos were widely used in commerce and became a notable part of Mexico’s numismatic history.
This coin was minted during the heart of the Mexican Revolution, which lasted from 1910 to 1920. It began as a result of the fraudulent 1910 elections, when incumbent president Porfirio Diaz was reported to have won nearly 99% of the vote despite candidate Francisco Madero’s popularity. Madero denounced the results and called for rebellion. Diaz fled to Spain and Madero was elected, but he was overthrown in a coup in 1913. The next few years saw much instability, with different people attempting to gain power. An insurgent raid in New Mexico prompted U.S. military action against Mexico, but this conflict ended when the U.S. entered World War I. Mexico chose to remain neutral during World War I despite Germany’s attempt to form an alliance. This tumultuous period ended with Álvaro Obregón becoming president in 1920, the first of a series of revolutionary generals to hold office.
This coin was graded MS 62 (mint state 62), using the Sheldon grading scale from 1 to 70. It was graded by the Professional Coin Grading Service (PCGS). Here is more information on PCGS's grading scale.
Obverse: ESTADOS UNIDOS MEXICANOS UN PESO (translation: United Mexican States One Peso) Eagle with open wings, eating a snake with head turned right, standing on a cactus growing out of a rock in the middle of a lake. Laurel and olive branches tied together at bottom. This emblem was used during the Porfirio Diaz dictatorship and is sometimes called the 'Porfirian Eagle'.
Reverse: Liberty riding a horse, an oak branch on her right and a flaming torch on her left, with the sun rising on the horizon. 1913 at bottom.
Edge: INDEPENDENCIA Y LIBERTAD (translation: Independence and Freedom)
Reference KM 453
This coin was minted during the heart of the Mexican Revolution, which lasted from 1910 to 1920. It began as a result of the fraudulent 1910 elections, when incumbent president Porfirio Diaz was reported to have won nearly 99% of the vote despite candidate Francisco Madero’s popularity. Madero denounced the results and called for rebellion. Diaz fled to Spain and Madero was elected, but he was overthrown in a coup in 1913. The next few years saw much instability, with different people attempting to gain power. An insurgent raid in New Mexico prompted U.S. military action against Mexico, but this conflict ended when the U.S. entered World War I. Mexico chose to remain neutral during World War I despite Germany’s attempt to form an alliance. This tumultuous period ended with Álvaro Obregón becoming president in 1920, the first of a series of revolutionary generals to hold office.
This coin was graded MS 62 (mint state 62), using the Sheldon grading scale from 1 to 70. It was graded by the Professional Coin Grading Service (PCGS). Here is more information on PCGS's grading scale.
Obverse: ESTADOS UNIDOS MEXICANOS UN PESO (translation: United Mexican States One Peso) Eagle with open wings, eating a snake with head turned right, standing on a cactus growing out of a rock in the middle of a lake. Laurel and olive branches tied together at bottom. This emblem was used during the Porfirio Diaz dictatorship and is sometimes called the 'Porfirian Eagle'.
Reverse: Liberty riding a horse, an oak branch on her right and a flaming torch on her left, with the sun rising on the horizon. 1913 at bottom.
Edge: INDEPENDENCIA Y LIBERTAD (translation: Independence and Freedom)
Reference KM 453
