Do Mexican pesos contain silver?
John Hall
Updated on April 07, 2026
The 20-, 50-, and 100-peso coins are the only currently circulating coinage in the world to contain any silver.
What is the 500 peso coin made of?
Features
| Country | Mexico |
|---|---|
| Composition | Copper-nickel |
| Weight | 12.64 g |
| Diameter | 29 mm |
| Thickness | 2.64 mm |
How much is a 1987 500 pesos coin worth?
Mintage, Worth:
| Year | Mark | Value, USD |
|---|---|---|
| 1989 | M | $ 0.92 |
| 1988 | M | $ 0.62 |
| 1987 | M | $ 0.65 |
How much is a Mexican $1 coin worth?
Features
| Country | Mexico |
|---|---|
| Period | United Mexican States (1905-date) |
| Type | Standard circulation coin |
| Years | 1996-2021 |
| Value | 1 Peso 1 MXN = 0.050 USD |
Can you still use old Mexican pesos?
Stores won’t accept the old bank notes: If you have old bank notes you want to exchange for present-day notes, you need to take them to the Bank of Mexico or to any of one Mexico’s retail banks. The exchange limit at a retail bank is 500 notes or a present-day value of $3,000 pesos.
How much is $500 pesos in dollars?
Are you overpaying your bank?
| Conversion rates Mexican Peso / US Dollar | |
|---|---|
| 500 MXN | 25.00120 USD |
| 1000 MXN | 50.00240 USD |
| 2000 MXN | 100.00480 USD |
| 5000 MXN | 250.01200 USD |
What is a $500 Mexican coin worth?
The coins are only selling for US$1.19, plus US$2.88 to cover shipping costs. If you do that, you’ll still get more for it than its face value. The 500 peso coin was issued before Mexico revalued the peso in 1993. It’s only worth half of one of today’s pesos, in the neighborhood of about 2 1/2 U.S. cents.
What’s the value of A Madero 500 peso coin?
It was during a high inflationary period in the Mexican economy. In 1992, the government removed three zeros which meant that the Francisco Madero 500 pesos translated to a new 1/2 peso (50 centavos). These coins are still legal tender and will spend as a current 50 centavos (about U.S. 5 cents). Collectors pay about $2 for uncirculated specimens.
How much is a 1988 Mexican peso worth?
After a period of heavy inflation, the Mexican government retired the “peso” and replaced it with the “nuevo peso” (“new peso”) on January 1, 1993. One nuevo peso was equal to 1,000 of the old pesos. That means a 500 peso coin from 1988 would be worth MX$0.50 (or 50 centavos, the nuevo peso equivalent of cents).
How much is a$ 500 Mexican coin worth?
How Much Is A $500 Mexican Coin Worth? Unfortunately, the $500 Mexican coin was minted in huge numbers and is usually traded for under $2 US. Mexican notes and coins have always been printed in large quantities with high face values and have never really attracted the interests of large numbers of collectors.
When did the Mexican peso change to the nuevo peso?
There seems to be confusion in some of the answers here, because the Mexican peso was revalued in the 1990s. After a period of heavy inflation, the Mexican government retired the “peso” and replaced it with the “nuevo peso” (“new peso”) on January 1, 1993. One nuevo peso was equal to 1,000 of the old pesos.
