1872 Do P Mexico Peso Silver VF

Coin Highlights:

• Contains 0.7857 oz of Silver.
• Minted from a .9028 fine alloy, the same as used in the 8 reales. On the 8 reales, this fineness was expressed as 10D, 20G, using the pre-metric dineros/granos system.
• This short-lived series of coins denominated in pesos, rather than the traditional reales, was issued from 1869 to 1873.
• Do mint mark signifies that this coin was issued by the Durango Mint.
• Obverse: National coat of arms of Mexico, featuring a triumphant eagle perched on a cactus with a snake clutched in its beak, with date below.
• Reverse: Radiant cap above balance scales. Denomination, mint mark, assayer, and fineness below.
• Sovereign coin of the Mexican Republic.

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The denomination of "peso" was introduced in Mexico in during the Second Mexican Empire to replace the traditional Spanish 8 reales coins used at the time. After the fall of the Empire, the restored Mexican Republic briefly continued minting Pesos, but reintroduced the 8 reales in 1873. This brief run of coins from 1869-1873 was the first Mexican peso coins produced. After the reintroduction of the 8 reales, the denomination would not be used again until 1898.