Sunday, December 10, 2023

What is 1 peso coin sold for 2,000,000?

What will you do with 2,000,000 pesos? Certainly many things, such as buying the car you want, starting a business, investing money, buying a house or simply saving it. The truth is that you can make your dreams come true in a very simple way, and all you need to have is a 1 peso coin.

Like other pieces, this 1 peso coin is highly valued in the world of collecting and numismatics, so many collectors follow it and want at all costs to bring it to their showcases.

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This 1 peso coin is sold for an impressive 2,000,000 pesos on digital platforms and e-commerce sites like eBay, Amazon and Mercado Libre, so run and find it because you could be a millionaire.

What is a 1 peso coin sold for 2 million?

The 1 peso coin sold for 2,000,000 in the Mercado Libre is one of the oldest copies we can find. This piece is called “A Balance Weight” and was produced between 1870 and 1873.

In 1857, the liberals adopted the decimal metric system in Mexico; However, its widespread implementation on coins was achieved until the restoration of the republic.

The decimal pieces of gold and silver are known as scales, due to the design of their reverse, which shows an allegory of the republican order, formed by a sword (Executive power), an open code with the word “LAW” (Legislative power). ) and a standard (Judicial power). At the top of this set, you can see a Phrygian cap with a sunbeam and the word “FREEDOM”. These coins were produced in Mexico and foreign mints.

While on the obverse it shows the National Shield in sculptural relief and the legend “Mexican Republic”, below an eagle swallowing a snake, is the year in which it was made “1873”.

Due to its age, this is a somewhat difficult piece to find. It is worth mentioning that it is commemorative and made of pure silver, hence its market value.

World Nation News Desk
World Nation News Desk
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