Description: 1888 Silver 25 Centavos Rarer Cn Culiacan mint MEXICO – Republic – Strong detail and full silver lustre. This specimen is from a series struck 1871-72, 1883-89 at the Culiacan mint, which closed in 1905. This twenty-five centavos piece replaced the two reales struck since colonial times. Collecting Centavos coins regardless of whether it be the 5, 20, 25 or 50 cent denomination allows a wide spectrum of choice in regards to countries, mints, years and errors which can be an affordable alternative to start with if the costs of collection other coins in particular the more expensive 8 reales is prohibitive. Obverse Description: Facing opened winged eagle captured snake in beak resting on cactus. Obverse Legend: REPUBLICA MEXICANA 1888 Reverse Description: Scales draped with paper inscribed LEY – topped by liberty cap Reverse Legend: 25 centavos PiH 902.7 (purity of silver) Specification: 6.77 g, .903 fine silver, .196 troy oz ASW Recorded mintage: 86,000. Catalog reference: KM 406.2 If for any reason you are not happy with your purchase we will refund your money back (see return policy) Want to see more interesting Coins and Medals? Check out my other listings. Centavos One centavos is worth one hundredth of the peso which 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 (the United States in fact accepted the Spanish dollar as legal tender until the Coinage Act of 1857. 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 pes. In 1863, the first issue was made of coins denominated in centavos, worth one hundredth of the peso. This was followed in 1866 by coins denominated “one peso”. Coins denominated in reales continued to be issued until 1897. In 1905, the gold content of the peso was reduced by 49.3% but the silver content of the peso remained initially unchanged (subsidiary coins were debased). However, from 1918 onward, the weight and fineness of all the silver coins declined, until 1977, when the last silver 100-peso coins were minted. Culiacan mint Culiacan was situated in the north-western part of Mexico and was the capital of the state of Sinaloa. Although agitation on the state level since the earliest days of independence had brought about the tardy construction of a building and the purchase of necessary machinery, the mint only began to function in 1846 through a Federal decree as an offshoot of the mint at Guadalupe y Calvo. All denominations were struck in gold and silver under the real/ escudo system, but some varieties are decidedly scarce.
Price: 380 USD
Location: Boronia Heights, QLD
End Time: 2024-12-03T12:07:36.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
All returns accepted: ReturnsNotAccepted
Country/Region of Manufacture: Mexico
Certification: Uncertified
Year: 1888
Composition: Silver
