Mexico Silver History

Mexico is the world's leading silver producer, and its coinage reflects that heritage. While other North American nations abandoned silver in the mid-1960s, Mexico continued to strike circulating silver coins—albeit at lower purities—well into the 1970s.

From the iconic "Caballito" Peso to the high-purity Hidalgo 10 Pesos, Mexican silver is prized by stackers for its beautiful artwork and the unique "Ley" system, where the silver fineness is often stamped directly onto the coin's design.

Coin TypePurityYearsASW (oz)
10 Pesos (Hidalgo)90.0%1955-19560.8222
5 Pesos (Cuauhtemoc)90.0%1947-19480.8681
5 Pesos (Hidalgo)72.0%1951-19540.6430
25 Pesos (Olympic)72.0%19680.5208
1 Peso (Caballito)90.2%1910-19140.7856
1 Peso (Ley 0.720)72.0%1920-19450.3856
1 Peso (Morelos)10.0%1957-19670.0514
50 Centavos72.0%1919-19450.1929
20 Centavos80.0%1919-19430.0857
STEALTH PRO TIP: Look for the "LEY .720" stamp. Unlike US or Canadian silver, many Mexican coins explicitly state their purity on the coin itself. If you see "LEY .720," you have a coin that is exactly 72% silver—one of the most trusted standards in the stacking world.
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