Mexico 1898 Go RS 1 Peso Fuerte Guanajuato Second Republi .9027 Silver Coin #22

Description

Mexico
1898 Go RS
1 Peso 0.9027 Silver Coin Second Republic Porfirian Peso Fuerte
Mexico 1898 Go RS Porfirian Peso Fuerte silver crown-size coin from the Guanajuato Mint.
Lightly circulated condition with excellent details. Weak strike with f
ully visible snake.
Planchet defect present below "Peso." Light toning on coin. Lots of eye appeal for a weak strike.
Visible marks below "Go" mint mark. Possible Go/Mo variety, but cannot confirm. Sold and priced as "Go" Mint.
Mexico's counterpart to the Morgan Dollar, the Porfirian Peso Fuerte replaced the 8 Reales in 1898.
A staple of international trade, these coins circulated all over the world and became a global standard.
The nickname Peso Fuerte literally translates to "Strong Peso" and was rightfully earned due to its' 0.9027 silver purity and 27.073gr weight.
This gave foreign merchants a little more "bang for their buck" and quickly became their preferred form of payment instead of Mexico's rival's weaker trade dollars.
Please review and enlarge all photos. Feel free to ask any questions before purchasing.
Scroll Below For Additional Details:
Country
: Mexico
Year
: 1898 Go RS (Guanajuato Mint) - Possible Go/Mo Variety, But Cannot Confirm. Sold & Priced As Go Mint
Denomination
: 1 Peso
Condition:
XF - Weak Strike - Lightly Circulated - Planchet Defect
Mintage:
4,256,000 Total
Composition:
0.9027 Silver - 0.786 Troy Oz ASW
Reference:
KM# 409.1
Internal Notes:
SKU# 22
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