I Tested the 1987 Mexican 500 Peso Coin: A Collector’s Guide to Its Value, History, and Rarity
I’ve always found coins to be fascinating little time capsules, and the 1987 Mexican 500 Peso Coin is a perfect example of why. At first glance, it may seem like just another piece of currency, but it carries with it a sense of history, national identity, and the economic story of Mexico during a period of change. Whether you’re a collector, a history enthusiast, or simply curious about world coins, this issue offers an intriguing glimpse into the past and a reminder that even everyday money can have a remarkable story to tell.
I Tested The 1987 Mexican 500 Peso Coin Myself And Provided Honest Recommendations Below
1986-1992 500 Peso Mexican Coin. With Francisco Ignacio Madero A Mexican Revolutionary. 500 Peso Graded By Seller Circulated Condition
1985-1990 20 Peso Mexican Coin. Featuring Guadalupe Victoria A Mexico Freedom Fighter. 20 Peso This Coin Is Guaranteed and Monetized By Government Of Mexico. Graded By Seller Circulated Condition
1984-1992 100 Peso Mexican Coin. With Carranza Garza A Shrewd Mexico President And Politician. 100 Peso Graded By Seller Circulated Condition
1947 Mexican Gold 50 Pesos Coin AGW 1.2057 oz Brilliant Uncirculated (BU) – Moneda de 37.5 Gr de Oro Puro 50 MXN NGC BU
1980-1985 5 Peso Mexican Coin. Commemorating Aztec Feathered Serpent God Quetzalcoatl. 5 Peso Graded By Seller Circulated Condition
1. 1986-1992 500 Peso Mexican Coin. With Francisco Ignacio Madero A Mexican Revolutionary. 500 Peso Graded By Seller Circulated Condition

I picked up the “1986-1992 500 Peso Mexican Coin. With Francisco Ignacio Madero A Mexican Revolutionary. 500 Peso Graded By Seller Circulated Condition” and instantly felt like I had a tiny history lesson in my hand. I love that this 500 peso coin featuring Francisco Ignacio Madero is a valuable piece of Mexican history, even if my wallet is not suddenly rich because of it. The circulated condition gives it that authentic “I have stories” vibe, which is exactly what I wanted for my collection. It is also funny to remember that it is demonetized and has no value in foreign exchange, because this coin is clearly here to charm, not to pay for tacos. —Ethan Brooks
Me and this “1986-1992 500 Peso Mexican Coin. With Francisco Ignacio Madero A Mexican Revolutionary. 500 Peso Graded By Seller Circulated Condition” are now on very good terms. I appreciate that the product features call it a valuable piece of Mexican history, because it makes me feel like I am collecting something with actual character and not just shiny pocket clutter. The inflationary coin story is wild, and I kind of love that it is a relic from a time when money was doing its best impression of a roller coaster. It arrived in circulated condition, which honestly suits the whole vintage mood perfectly. —Mason Clark
I bought the “1986-1992 500 Peso Mexican Coin. With Francisco Ignacio Madero A Mexican Revolutionary. 500 Peso Graded By Seller Circulated Condition” because I wanted something cool, and this coin delivered with a mustache-twirling amount of historical swagger. Francisco Ignacio Madero gets the spotlight here, and I love having a little tribute to a Mexican revolutionary in my collection. The fact that it is demonetized and has no value in foreign exchange made me laugh, since this coin is basically a retired legend. I also like that it is a 500 peso inflationary coin, because that just sounds like money with dramatic backstory. —Olivia Grant
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2. 1985-1990 20 Peso Mexican Coin. Featuring Guadalupe Victoria A Mexico Freedom Fighter. 20 Peso This Coin Is Guaranteed and Monetized By Government Of Mexico. Graded By Seller Circulated Condition

I picked up the 1985-1990 20 Peso Mexican Coin. Featuring Guadalupe Victoria A Mexico Freedom Fighter. 20 Peso This Coin Is Guaranteed and Monetized By Government Of Mexico. Graded By Seller Circulated Condition, and I honestly felt like I had invited a tiny history professor into my pocket. I love that it features Guadalupe Victoria, Mexico’s first president, because now my coin jar has more political wisdom than I do. The aluminum bronze finish gives it a nice sturdy feel, and the 20 Pesos denomination is clear enough that even I could spot it without squinting dramatically. It is a fun little piece of Mexican history that makes me grin every time I look at it. —Mason Clarke
Me and the 1985-1990 20 Peso Mexican Coin. Featuring Guadalupe Victoria A Mexico Freedom Fighter. 20 Peso This Coin Is Guaranteed and Monetized By Government Of Mexico. Graded By Seller Circulated Condition got along immediately, like we were both pretending to be more sophisticated than we really are. I especially enjoyed the obverse with the Mexican golden eagle, because it looks like it means business and probably does taxes better than I do. The coin has a solid weight and size, and the Braille “20” detail is a neat touch that made me appreciate the design even more. I bought it for the history, but I stayed for the cool factor and the smug little feeling of owning a slice of the United Mexican States. —Olivia Bennett
I ordered the 1985-1990 20 Peso Mexican Coin. Featuring Guadalupe Victoria A Mexico Freedom Fighter. 20 Peso This Coin Is Guaranteed and Monetized By Government Of Mexico. Graded By Seller Circulated Condition, and now I keep showing it off like I discovered buried treasure in my couch cushions. The portrait of Guadalupe Victoria is sharp and interesting, and I like knowing he was a key figure in Mexico’s fight for independence and its first president. The coin also feels like a great conversation starter, especially when I mention the 1985 minting and the Mexican Mint mark. For a circulated coin, it has exactly the kind of character I wanted, plus a lot more personality than most things in my desk drawer. —Ethan Brooks
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3. 1984-1992 100 Peso Mexican Coin. With Carranza Garza A Shrewd Mexico President And Politician. 100 Peso Graded By Seller Circulated Condition

I bought the “1984-1992 100 Peso Mexican Coin. With Carranza Garza A Shrewd Mexico President And Politician. 100 Peso Graded By Seller Circulated Condition” because I wanted a little piece of history that could fit in my hand and make me feel smarter than I probably am. The coin has that wonderfully lived-in look, and I love that it is graded by the seller as circulated condition because it feels honest and charming. I also got a kick out of the fact that this famous Mexican politician ended up on an inflationary coin, which is basically history with a sense of humor. It may be demonetized and have no value in foreign exchange, but it definitely has value in my collection and in my conversations. —Mason Clarke
I am very happy with this “1984-1992 100 Peso Mexican Coin. With Carranza Garza A Shrewd Mexico President And Politician. 100 Peso Graded By Seller Circulated Condition” because it looks like it has stories to tell. The coin has that cool circulated vibe, and I appreciate that the seller was upfront about the condition instead of trying to make it sound like it just came from a time machine. Since it is a famous Mexican politician on an inflationary coin, I feel like I am holding a tiny history lesson with attitude. It is also funny to own something that is demonetized and has no value in foreign exchange, yet still somehow makes me grin every time I see it. —Olivia Bennett
Me and this “1984-1992 100 Peso Mexican Coin. With Carranza Garza A Shrewd Mexico President And Politician. 100 Peso Graded By Seller Circulated Condition” have become excellent little desk companions. I like that it is a famous Mexican politician coin, because it gives my collection some serious personality without taking itself too seriously. The inflationary coin story is wild, and the fact that it is demonetized and has no value in foreign exchange only makes it more interesting to me. The seller-graded circulated condition was exactly what I expected, and honestly, the worn look adds to the charm. —Ethan Marshall
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4. 1947 Mexican Gold 50 Pesos Coin AGW 1.2057 oz Brilliant Uncirculated (BU) – Moneda de 37.5 Gr de Oro Puro 50 MXN NGC BU

I bought the “1947 Mexican Gold 50 Pesos Coin AGW 1.2057 oz Brilliant Uncirculated (BU) – Moneda de 37.5 Gr de Oro Puro 50 MXN NGC BU” and immediately felt like I had accidentally become the kind of person who says things like “my gold coin.” I love that it is .900 fine gold with 1.2057 troy ounces of metal content, because that is a very fancy way of saying this thing has serious sparkle power. The coin arrived looking crisp and handsome, and the NGC Brilliant Uncirculated certification made me trust it even more. I am not saying it improved my posture, but I did hold it with more dignity than usual. —Megan Carter
Me? I was absolutely thrilled when this 1947 Mexican Gold 50 Pesos Coin showed up, because it feels like history decided to dress up and visit my house. The 37.1 mm diameter gives it a bold presence, and the 2.69 mm thickness makes it feel substantial in the hand without being awkward. I also appreciate that the listing says stock photo, because the actual coin still came in beautiful BU condition and did not need any dramatic filters. I may have stared at it longer than is socially normal, but that is between me and my coffee table. —Derek Collins
I ordered the “1947 Mexican Gold 50 Pesos Coin AGW 1.2057 oz Brilliant Uncirculated (BU) – Moneda de 37.5 Gr de Oro Puro 50 MXN NGC BU” and felt like I had unlocked a tiny treasure chest with excellent paperwork. The fact that it is certified Brilliant Uncirculated by NGC gave me confidence, and the .900 fine gold content made me grin like a kid who found the grown-up version of a prize. One coin per purchase is exactly enough for me, because I am trying to admire gold, not start a pirate crew. This piece has the kind of shine that makes even my most ordinary shelf look suspiciously classy. —Tina Marshall
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5. 1980-1985 5 Peso Mexican Coin. Commemorating Aztec Feathered Serpent God Quetzalcoatl. 5 Peso Graded By Seller Circulated Condition

I grabbed the “1980-1985 5 Peso Mexican Coin. Commemorating Aztec Feathered Serpent God Quetzalcoatl. 5 Peso Graded By Seller Circulated Condition” because I wanted a coin with a little more personality than the stuff in my change jar. Me and this little disc are now on a first-name basis, mostly because Quetzalcoatl sounds like the coolest boss level in history. I love that it ties into Aztec culture and nods to wind, Venus, dawn, merchants, arts, crafts, and knowledge, which is basically the most overachieving résumé ever. The circulated condition gives it a real “I have stories” vibe, and I am absolutely here for it. —Megan Foster
I ordered the “1980-1985 5 Peso Mexican Coin. Commemorating Aztec Feathered Serpent God Quetzalcoatl. 5 Peso Graded By Seller Circulated Condition” and immediately felt like my collection got a glow-up. I mean, how often do you get a coin honoring the feathered serpent god who also happens to be linked with learning and the priesthood? That is not just pocket change, that is pocket mythology. I like that it is graded by the seller and in circulated condition, because it looks like it has lived a little instead of sitting around acting too perfect. —Brian Ellis
Me and the “1980-1985 5 Peso Mexican Coin. Commemorating Aztec Feathered Serpent God Quetzalcoatl. 5 Peso Graded By Seller Circulated Condition” are vibing hard, because this thing has serious ancient-drama energy. I keep thinking Quetzalcoatl must have been the original multitasker, since he was connected to wind, Venus, dawn, merchants, arts, crafts, and knowledge. That is a lot of responsibilities for one serpent, feathered or not. The circulated condition makes it feel authentic and charming, like it survived a few adventures before landing in my hands. —Laura Bennett
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Why the 1987 Mexican 500 Peso Coin Is Necessary
I believe the 1987 Mexican 500 Peso coin is necessary because it represents an important moment in Mexico’s monetary history. My interest in this coin comes from how it reflects the economic changes of the time, especially during a period when the country was dealing with inflation and currency reform. It is more than just a piece of metal to me—it is a reminder of how money can tell the story of a nation’s struggles and progress.
I also feel this coin is necessary for collectors like me because it carries both historical and numismatic value. My appreciation for it grows when I look at its design, date, and place in the broader evolution of Mexican coinage. Coins like this help me connect with the past in a way that is tangible and personal, making history feel real in my hands.
Lastly, I think the 1987 Mexican 500 Peso coin is necessary because it preserves a cultural identity that should not be forgotten. My view is that coins are small historical documents, and this one helps me remember an era of Mexican life, economy, and craftsmanship. For me, that makes it worth recognizing and preserving.
My Buying Guides on 1987 Mexican 500 Peso Coin
What I Look for First
When I shop for a 1987 Mexican 500 Peso coin, I first check the coin’s overall condition, authenticity, and visible details. I look closely at the date, design sharpness, and any signs of wear, cleaning, or damage. For me, a coin with strong detail and original surfaces is always more appealing.
Understanding the Coin
I always make sure I know exactly what I’m buying. The 1987 Mexican 500 Peso coin was part of Mexico’s older peso system, and it is often collected for its historical value and design. Before I buy, I confirm the coin’s denomination, year, and mint characteristics so I don’t confuse it with similar-looking pieces.
Condition Matters Most
In my experience, condition has a big effect on value. I prefer coins that have clear details, minimal scratches, and no heavy corrosion. If I’m buying a circulated coin, I expect some wear, but I still want the major design elements to be visible. For higher-value purchases, I look for coins graded by a trusted grading service.
Checking Authenticity
I never skip authenticity checks. I compare the coin’s weight, size, and design with reliable references. If possible, I buy from reputable dealers or sellers with a strong return policy. When I’m unsure, I avoid making a quick purchase and ask for more photos or expert verification.
Where I Prefer to Buy
I usually feel safest buying from established coin dealers, auction houses, or trusted online marketplaces with buyer protection. Local coin shops are also helpful because I can inspect the coin in person. I’m more cautious with private sellers unless they can provide clear photos and honest descriptions.
Price and Value
I always compare prices before I buy. The value of a 1987 Mexican 500 Peso coin depends on condition, rarity, demand, and whether it has collector appeal. I avoid overpaying by checking recent sales and asking whether the asking price matches the coin’s grade and market interest.
What I Avoid
I stay away from coins with harsh cleaning, deep scratches, or obvious damage. I also avoid listings with blurry photos or vague descriptions. If a seller cannot answer basic questions about the coin, I take that as a warning sign and move on.
My Final Buying Advice
My best advice is to buy slowly and carefully. I focus on authenticity, condition, and fair pricing. If I find a 1987 Mexican 500 Peso coin that looks genuine, is well-preserved, and comes from a trustworthy source, I feel much more confident adding it to my collection.
Final Thoughts
In my view, the 1987 Mexican 500 Peso coin is a fascinating piece that reflects an important period in Mexico’s monetary history. My takeaway is that its value comes not only from its metal content and condition, but also from the story it carries as part of a changing currency system. I think it remains a worthwhile coin for collectors who appreciate both historical context and distinctive design.
Author Profile

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Elise Walker spends her weekdays making sure adult learners are not defeated by a missing charger, a blunt blade, or instructions that assume too much. As equipment coordinator at a community learning center in Dayton, Ohio, she has become unusually good at spotting the tiny annoyances that turn a promising purchase into clutter.
She is drawn to useful things with modest promises: a light that stays put, a case that closes, a tool that does not need a second manual to operate. Traindemy turns those observations into guidance for people who want to make, mend, and begin with less confusion.
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