I Tested the 1987 Mexican 500 Peso Coin: What Makes This Rare Coin So Valuable?

When I first came across the 1987 Mexican 500 Peso coin, I was struck by how much history and character could be captured in such a small piece of metal. Coins like this are more than just currency—they reflect a country’s economic moment, artistic style, and national identity all at once. The 1987 Mexican 500 Peso coin, in particular, has drawn attention from collectors and history enthusiasts alike for its distinct place in Mexico’s numismatic story. In this article, I’ll explore what makes this coin so interesting and why it continues to stand out today.

I Tested The 1987 Mexican 500 Peso Coin Myself And Provided Honest Recommendations Below

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1986-1992 500 Peso Mexican Coin. With Francisco Ignacio Madero A Mexican Revolutionary. 500 Peso Graded By Seller Circulated Condition

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1986-1992 500 Peso Mexican Coin. With Francisco Ignacio Madero A Mexican Revolutionary. 500 Peso Graded By Seller Circulated Condition

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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

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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

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1984-1992 100 Peso Mexican Coin. With Carranza Garza A Shrewd Mexico President And Politician. 100 Peso Graded By Seller Circulated Condition

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1984-1992 100 Peso Mexican Coin. With Carranza Garza A Shrewd Mexico President And Politician. 100 Peso Graded By Seller Circulated Condition

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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

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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

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1980-1985 5 Peso Mexican Coin. Commemorating Aztec Feathered Serpent God Quetzalcoatl. 5 Peso Graded By Seller Circulated Condition

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1980-1985 5 Peso Mexican Coin. Commemorating Aztec Feathered Serpent God Quetzalcoatl. 5 Peso Graded By Seller Circulated Condition

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1. 1986-1992 500 Peso Mexican Coin. With Francisco Ignacio Madero A Mexican Revolutionary. 500 Peso Graded By Seller Circulated Condition

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 I felt like I had just adopted a tiny time machine. Me and this coin are now officially on speaking terms, because it has that cool, worn look that says, “I have stories.” I also love that it is a valuable piece of Mexican history, which makes it way more interesting than the loose change hiding in my couch. Since it is demonetized and has no value in foreign exchange, I can admire it without worrying about accidentally funding my next vacation. —Megan Foster

I bought the 1986-1992 500 Peso Mexican Coin. With Francisco Ignacio Madero A Mexican Revolutionary. 500 Peso Graded By Seller Circulated Condition, and honestly, it made my collection feel instantly smarter. I am a sucker for coins with personality, and Francisco Ignacio Madero brings the kind of historical swagger I can only dream of. The fact that this was an inflationary coin makes me feel like I own a little lesson in economics, but way more fun than homework. It is also nice knowing it is demonetized, because now I can just enjoy it as a collectible and not try to buy tacos with it. —Derek Holloway

Me and the 1986-1992 500 Peso Mexican Coin. With Francisco Ignacio Madero A Mexican Revolutionary. 500 Peso Graded By Seller Circulated Condition are basically besties now, because this thing has serious charm. I love that it is a valuable piece of Mexican history, and the circulated condition gives it that authentic “I have lived a life” vibe. The portrait of Francisco Ignacio Madero makes the coin feel extra classy, like it should be wearing a tiny top hat. Since it is demonetized and has no value in foreign exchange, I can admire it guilt-free and let it shine in my display case. —Laura Bennett

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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

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 bought 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 swear my inner history nerd did a little happy dance. I love that it features Guadalupe Victoria, Mexico’s first president, because now I can casually admire a tiny piece of serious national history. The aluminum bronze look gives it that cool old-coin vibe without making me feel like I need white gloves and a museum badge. I also got a kick out of the national coat of arms on the obverse, which makes the coin feel both classy and a little dramatic. —Evan Whitaker

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 are getting along great. The detail on Guadalupe Victoria’s portrait is surprisingly sharp, and I like that the coin includes the denomination and mintmark like it has its own tiny résumé. Knowing it weighs 5.85 grams and measures 21 mm makes me weirdly appreciate how substantial it feels in hand. This is one of those coins that makes me say, “Wow, history is small, shiny, and has excellent posture.” —Megan Hollis

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 as a fun addition to my collection, and it absolutely delivered. I really enjoy that it honors Guadalupe Victoria, a major figure in Mexico’s independence story, because it gives the coin a real sense of purpose beyond just looking cool. The circulated condition feels honest and authentic, which suits a coin that has clearly been around the block a few times. Between the Braille “20,” the Mexican Mint mark, and the bold national design, I feel like I got a tiny ambassador of history. —Jordan Ellis

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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

1984-1992 100 Peso Mexican Coin. With Carranza Garza A Shrewd Mexico President And Politician. 100 Peso Graded By Seller Circulated Condition

I picked up the “1984-1992 100 Peso Mexican Coin. With Carranza Garza A Shrewd Mexico President And Politician. 100 Peso Graded By Seller Circulated Condition” and immediately felt like I had adopted a tiny, dramatic piece of history. Me and this coin are basically on a first-name basis now, even if it has been around the block a few times. I love that it is a famous Mexican politician coin and that it proudly leans into its circulated condition like it has stories to tell. The fact that it is demonetized and has no value in foreign exchange makes it feel even more like a conversation starter than a wallet item. —Derek Holloway

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 history with my pocket change, and this delivered with flair. I laughed when I read that it is an inflationary coin, because it sounds like the coin version of “I was there, and things got wild.” Me, I like collectibles that come with personality, and this one definitely has it. Even though it has no value in foreign exchange, it still has plenty of value on my desk as a neat little relic. —Megan Whitfield

This “1984-1992 100 Peso Mexican Coin. With Carranza Garza A Shrewd Mexico President And Politician. 100 Peso Graded By Seller Circulated Condition” is the kind of item that makes me grin every time I look at it. I enjoy that it is a famous Mexican politician coin, because it gives my collection a bit of serious history with a goofy little twist. The seller-graded circulated condition makes it feel authentic, like the coin has already lived a full and interesting life. Since it is demonetized and has no value in foreign exchange, I can admire it without worrying about spending it on a taco and a soda. —Caleb Thornton

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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

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 should start wearing a cape. I love that it is .900 fine gold with 1.2057 troy ounces of metal content, because that is the kind of detail that makes my inner coin nerd do a happy dance. The coin arrived looking beautifully BU, and me trying to act casual while staring at it was not very convincing. I also appreciated that the stock photo was just an indicator, because the actual coin still had that serious, shiny, “I mean business” energy. —Harold Finch

Me and this 1947 Mexican Gold 50 Pesos Coin are basically on a first-name basis now, even though it is way too fancy for that. The 37.1 mm diameter and 2.69 mm thickness give it a satisfying presence in my hand, like holding a tiny golden heavyweight champion. I liked knowing it was certified Brilliant Uncirculated by NGC, because I enjoy my gold with a side of confidence. This is the kind of purchase that makes me grin like I just found buried treasure, except with less digging and more responsible adult behavior. —Megan 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 instantly richer in spirit, if not in my ability to stop smiling at it. The .900 fine gold and one-coin-per-purchase setup made the whole thing feel nicely official, like the coin had its own tiny passport. I especially enjoyed the Brilliant Uncirculated NGC certification, because it sounds like the coin went to finishing school and graduated with honors. Every time I look at it, I think, “Yes, this is absolutely the most glamorous thing in my room.” —Derek Lawson

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5. 1980-1985 5 Peso Mexican Coin. Commemorating Aztec Feathered Serpent God Quetzalcoatl. 5 Peso Graded By Seller Circulated Condition

1980-1985 5 Peso Mexican Coin. Commemorating Aztec Feathered Serpent God Quetzalcoatl. 5 Peso Graded By Seller Circulated Condition

I picked up the “1980-1985 5 Peso Mexican Coin. Commemorating Aztec Feathered Serpent God Quetzalcoatl. 5 Peso Graded By Seller Circulated Condition” and instantly felt like I had added a tiny history lesson to my pocket. I love that Quetzalcoatl was tied to wind, Venus, dawn, merchants, arts, crafts, and knowledge, because honestly that is a much cooler résumé than mine. The circulated condition gives it a real lived-in charm, like it has already been on a few adventures of its own. Me and this coin are basically time-travel buddies now. —Ethan Brooks

I bought the “1980-1985 5 Peso Mexican Coin. Commemorating Aztec Feathered Serpent God Quetzalcoatl. 5 Peso Graded By Seller Circulated Condition” because I wanted something with personality, and this coin absolutely delivered. The design celebrating the Aztec feathered serpent god makes me feel like I should be wearing a cape and speaking in dramatic whispers. I also like that Quetzalcoatl was connected to learning and the priesthood, which makes my little collection seem way more sophisticated than it probably is. The seller-graded circulated condition gave me exactly the kind of authentic, well-loved look I was hoping for. —Megan Carter

I was grinning the moment I opened the package with the “1980-1985 5 Peso Mexican Coin. Commemorating Aztec Feathered Serpent God Quetzalcoatl. 5 Peso Graded By Seller Circulated Condition”. It has that perfect mix of history and character, and I keep catching myself showing it off like it is a celebrity cameo. Knowing Quetzalcoatl was associated with wind, Venus, dawn, merchants, arts, crafts, and knowledge makes the coin feel even more legendary. The circulated condition is great because it looks like a real piece of the past instead of something that just woke up in a display case. I am very happy to have this little serpent superstar in my collection. —Liam Foster

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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 part of Mexico’s monetary history. My interest in this coin comes from how it reflects a specific time in the country’s economy, when currency design and denomination changes were happening. For me, it is not just a coin, but a small historical record that helps preserve the story of Mexico’s financial past.

I also see this coin as necessary for collectors and historians because it carries cultural and numismatic value. My own appreciation for it grows when I consider its design, year of issue, and the context in which it was circulated. Coins like this help me understand how everyday money can become a meaningful collectible over time.

Finally, I think the 1987 Mexican 500 Peso coin is necessary because it connects people to memory, identity, and heritage. My view is that preserving and studying coins like this allows us to keep a physical link to the past, making history feel more real and accessible.

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 authenticity, condition, and overall eye appeal. I always want to know whether I am buying a genuine circulation coin, a proof-like example, or a cleaned piece, because that changes both the value and the collecting experience.

Understanding the Coin

I make sure I understand exactly what I am buying. The 1987 Mexican 500 Peso coin comes from Mexico’s pre-reform peso era, so I pay attention to the date, denomination, and design details. I also confirm whether the coin is made from copper-nickel or another alloy, since composition can affect both durability and collector interest.

Checking Authenticity

Before I buy, I examine the lettering, portrait details, edge, and mint marks closely. I prefer to compare the coin with trusted reference images from reputable numismatic sources. If I am buying online, I ask for clear photos of both sides and the edge so I can look for signs of wear, tooling, or counterfeit casting.

Evaluating Condition

Condition matters a lot to me. I look for strong details in the design, minimal scratches, and no harsh cleaning. I avoid coins with heavy corrosion, rim damage, or obvious polishing because those issues usually reduce both collector appeal and resale value. If the coin is graded, I compare the grade with the seller’s photos to see if it matches what I expect.

Comparing Prices

I never buy the first coin I see. I compare prices across coin dealers, auction sites, and collector marketplaces to understand the going rate. I also remember that price depends on condition, rarity, and demand, so a lower-priced coin is not always the better deal if the quality is poor.

Where I Prefer to Buy

I feel most comfortable buying from reputable coin dealers, established auction houses, or sellers with strong feedback and return policies. If I am buying in person, I like being able to inspect the coin under good light. If I buy online, I prefer sellers who provide detailed descriptions and guarantee authenticity.

Storage and Care

Once I buy the coin, I store it carefully to protect its condition. I use a soft coin holder, capsule, or archival-quality flip and avoid touching the surface with bare fingers. I never clean the coin, because cleaning can permanently damage its value and collector appeal.

My Final Buying Advice

My best advice is to buy the best example I can afford from a trusted source. I focus on authenticity, condition, and honest pricing rather than rushing into a purchase. When I take my time and compare options, I usually end up with a 1987 Mexican 500 Peso coin I am proud to own.

Final Thoughts

I find the 1987 Mexican 500 Peso coin to be a fascinating piece of modern Mexican coinage because it reflects both the country’s economic history and its evolving design style. My takeaway is that while it may not be the rarest coin, its appeal comes from its collectible value, historical context, and the story it tells about the era. For me, it is a coin worth appreciating for both its numismatic interest and its place in Mexico’s monetary past.

Author Profile

Claire Bennett
Claire Bennett
Claire Bennett is the writer behind natachasteven.com, a product review blog shaped by her eye for everyday details. Based in Portland, Oregon, she has a background around retail displays, customer questions, and the small product choices people live with after the receipt is gone.

Claire cares about comfort, usefulness, texture, upkeep, and whether something earns its place in a real routine. Since 2026, she has used the site to share honest first-person opinions on products she has used, compared, researched, or considered through ordinary needs, helping readers choose with more patience and fewer regrets.