Peso de Minas 1611 front Peso de Minas 1611 back
Peso de Minas 1611 photo
© Banco de México

Peso de Minas

1611 year
Silver 28.35 g 38 mm
Description
Location
New Spain (Mexico)
King
Philip III (1598-1621)
Type
Weights › Coin weights
Year
1611
Value
8 Reales
Currency
Real (1535-1897)
Composition
Silver
Weight
28.35 g
Diameter
38 mm
Shape
Octagonal (8-sided)
Demonetized
Yes
Updated
2024-11-13
References
Numista
N#132897
Rarity index
100%

Reverse

Flat

Edge

Plain

Comment

Made on the silver mines. Mold made to take exactly the same silver weight as an 8 Real coin. The word "Peso" used for the Mexican currency since the Republic is exactly derived of this practice, where weight (peso) determined the value of a coin due to its precious metal. So this isn't a "Peso" but a piece of silver with the peso (weight) of an 8 Reales coin.