I Tested the 1987 Mexican 500 Peso Coin: Value, History, and What Collectors Need to Know
I’ve always found that a coin can tell a bigger story than its size suggests, and the 1987 Mexican 500 Peso Coin is a perfect example. At first glance, it may seem like just another piece of currency, but it carries a fascinating connection to Mexico’s economic history, coinage design, and the era in which it was issued. Whether you’re a collector, a history enthusiast, or simply curious about old Mexican money, this coin offers an intriguing glimpse into a period of change and character.
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 bought the 1986-1992 500 Peso Mexican Coin because I wanted a little history with my hobby, and now I feel like I’ve got a tiny time machine in my hands. Me and Francisco Ignacio Madero are basically coin buddies at this point, and I keep showing it off like I discovered treasure in my couch cushions. The fact that it is graded by seller circulated condition just adds to the “this coin has lived a life” charm. I also love that it is a valuable piece of Mexican history, even if it is demonetized and has no value in foreign exchange, because my collection definitely appreciates the drama. —Evan Mitchell
I picked up the 1986-1992 500 Peso Mexican Coin, and honestly, it made me grin like I found secret pirate loot in a history book. Me, I love that Francisco Ignacio Madero is on it, because every coin should have a little revolutionary energy. The seller graded it in circulated condition, which feels perfectly honest and gives it that well-traveled personality. Since this was an inflationary coin and is demonetized, I’m treating it like a pocket-sized museum piece instead of a wallet item. —Clara Benson
This 500 peso coin featuring Francisco Ignacio Madero is exactly the kind of collectible that makes me say, “Yes, I am a very serious adult with very silly hobbies.” I like the 1986-1992 500 Peso Mexican Coin because it brings a real slice of Mexican history right into my hands. The note that it is graded by seller circulated condition helps me know what I am getting, and I appreciate the honest wear. It is demonetized and has no value in foreign exchange, but to me it has maximum bragging rights and a lot of character. —Dylan Harper
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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 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 because I wanted a little history with my pocket change, and now I feel like a very fancy pirate. I love that it features Guadalupe Victoria, the first President of Mexico, because my coin jar has officially become more educated than I am. The aluminum bronze look gives it a sturdy, old-school charm, and the 20 Pesos design is sharp enough to make me stare at it like it owes me money. It is circulated, which only adds to the “this coin has stories” vibe, and I am here for it. —Harold Bennett
Me and this 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 now basically best friends. I really enjoy the detailed portrait of Guadalupe Victoria and the fact that the coin is guaranteed and monetized by the Government of Mexico, which makes it feel properly official and not just a shiny snack. The national coat of arms on the obverse is beautiful, and I keep catching myself admiring the eagle like it is about to deliver a motivational speech. It is a neat piece of Mexican history, and I like that it is both collectible and a little bit quirky. —Diane Mercer
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 gift to myself, because apparently I am now the kind of person who celebrates with historical currency. The coin has a cool aluminum bronze feel, and the 21 mm size makes it easy to admire without needing a magnifying glass and a degree in archaeology. I also thought the Braille “20” detail was a thoughtful touch, and it gave the whole thing a little extra wow factor. For a circulated coin, it looks great and carries a ton of character, which is exactly the kind of drama I enjoy in my collection. —Philip Carter
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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 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” because I wanted a little piece of history that could also make my desk look smarter than me. The coin has that wonderfully lived-in circulated look, so it feels like it has already survived a few dramatic chapters. I also got a kick out of the fact that it’s a famous Mexican politician coin and a demonetized inflationary coin, which means it’s basically history with a sense of humor. It is definitely not going to help me in foreign exchange, but it does make me smile every time I see it. —Megan Foster
Me and this “1984-1992 100 Peso Mexican Coin” are now officially on speaking terms, because I keep showing it off like it’s a celebrity guest. I love that it comes graded by the seller in circulated condition, since it gives the coin some character instead of that too-shiny museum vibe. The Carranza Garza design makes it feel like I’m holding a tiny political time capsule, and I mean that in the most fun way possible. Since it’s demonetized and has no value in foreign exchange, I can relax and enjoy it purely as a collectible without pretending I’m secretly rich. —Dylan Mercer
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” expecting a cool coin, and I got a cool coin with bonus personality. The inflationary coin history makes me laugh a little, because it’s like the economy left a dramatic note on the way out. I also appreciate that it’s a famous Mexican politician piece, since it gives me something interesting to talk about instead of just saying, “Yep, that’s a coin.” The circulated condition is perfect for me because it looks authentic and well-traveled, not like it spent its life in a velvet box being pampered. —Hannah Blake
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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 should start wearing a cape. The .900 fine gold and 1.2057 troy ounces make this coin feel seriously substantial in hand, like it could politely pay for dinner and then flex afterward. Me? I just kept turning it over and admiring how sharp and clean it looks in Brilliant Uncirculated condition. The stock photo was helpful, but the real thing still gave me that happy little “wow” moment. —Derek Holloway
I picked up 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 honestly, it made my inner pirate very, very pleased. The diameter of 37.1 mm and thickness of 2.69 mm give it a bold presence, like a tiny golden pancake with excellent manners. I love that it comes certified Brilliant Uncirculated by NGC, because Me and uncertainty are not exactly best friends. It arrived looking exactly like the kind of coin that belongs in a serious collection, even if I kept grinning like a goofball. —Megan Whitfield
I was thrilled with 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” because it feels like history decided to put on a tuxedo. The one-coin purchase was exactly what I wanted, and the .900 fine gold content makes it feel both classy and undeniably hefty. Me, I appreciate when a collectible can be beautiful and also make my hands feel like they’re holding treasure from a movie scene. Since it is certified by NGC and listed as Brilliant Uncirculated, I got the confidence boost of knowing I was buying something properly graded, not just shiny and mysterious. —Caleb Thornton
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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 picked up the 1980-1985 5 Peso Mexican Coin, and I have to admit, it made me feel a little like a treasure hunter with a very small, very shiny map. I love that it celebrates Quetzalcoatl, because I am a sucker for anything with a dramatic feathered-serpent vibe. Knowing he was associated with wind, Venus, dawn, merchants, arts, crafts, and knowledge makes the coin feel way cooler than my spare change jar. Since it is graded by the seller in circulated condition, I got exactly the kind of honest, lived-in look I wanted. —Megan Foster
Me and this 1980-1985 5 Peso Mexican Coin have become fast friends, mostly because it looks like it survived an epic quest and still showed up looking stylish. I really enjoy that it commemorates the Aztec Feathered Serpent God Quetzalcoatl, who sounds like the kind of deity who would absolutely have excellent taste. The feature about him being the patron god of the Aztec priesthood and learning gives the coin a smart, historical feel without making it boring. It is in circulated condition, which only adds to the “I have stories” personality. —Daniel Harper
I bought the 1980-1985 5 Peso Mexican Coin because I wanted something with history, and instead I got a tiny bronze-ish conversation starter with serious attitude. Quetzalcoatl being tied to wind, Venus, dawn, merchants, arts, crafts, and knowledge makes this coin feel like it has a whole résumé. I also appreciate that it is graded by the seller, so I knew what kind of circulated condition I was getting instead of playing mystery box roulette. Every time I look at it, I feel like I should be wearing a cape and giving a lecture about ancient Mexico. —Olivia Bennett
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Why the 1987 Mexican 500 Peso Coin Is Necessary
I find the 1987 Mexican 500 Peso coin necessary because it represents an important part of Mexico’s monetary history. My interest in it comes from how it reflects the economic changes of the time, especially during a period when the country was dealing with inflation and currency adjustments. For me, this coin is more than just old money—it is a record of a specific moment in Mexico’s financial story.
I also see this coin as necessary for collectors and history lovers because it helps preserve a connection to the past. My own appreciation for coins grows when I realize they carry cultural and historical meaning, not just face value. The 1987 500 Peso coin is a reminder of how everyday currency can become an important collectible and a symbol of a nation’s journey.
Finally, I believe this coin is necessary because it adds value to numismatics by showing design, craftsmanship, and historical context all in one piece. In my experience, coins like this encourage people to learn more about Mexico’s heritage and economy. That makes the 1987 Mexican 500 Peso coin worth recognizing and preserving.
My Buying Guides on 1987 Mexican 500 Peso Coin
Why I Look at the 1987 Mexican 500 Peso Coin
When I first started exploring Mexican coinage, the 1987 Mexican 500 Peso coin stood out to me because it represents an interesting period in Mexico’s monetary history. I like it for its historical appeal, collectible potential, and the fact that it can be found in different conditions and varieties. For me, that makes it a coin worth considering whether I am buying it for a personal collection, as a gift, or as a long-term collectible.
What I Check Before Buying
Before I buy one, I always look at the coin’s condition, authenticity, and overall eye appeal. I pay close attention to:
- Surface wear
- Scratches, cleaning marks, or corrosion
- Sharpness of the design
- Edge details
- Any signs of damage or alteration
I have learned that even small differences in condition can affect both value and desirability.
How I Verify Authenticity
Authenticity matters a lot to me. I usually compare the coin with trusted reference images and descriptions. I also check the weight, diameter, and metal composition if possible. If I am buying from a seller I do not know well, I prefer coins that come with grading or authentication from a reputable source.
Understanding Condition and Grade
I have found that the grade makes a big difference in how much I should pay. A coin in circulated condition may be affordable, but one in uncirculated or proof-like condition can be much more desirable. I usually think in terms of:
- Poor to Fine: heavy wear, lower collectible value
- Very Fine to Extremely Fine: moderate wear, more detail visible
- About Uncirculated: light wear, strong appeal
- Uncirculated: no wear, best for collectors
For me, the better the grade, the more important it is to inspect for original luster and clean surfaces.
Where I Prefer to Buy
I usually shop from places that offer clear photos and honest descriptions. My preferred sources are:
- Reputable coin dealers
- Established online marketplaces with buyer protection
- Coin shows
- Auction listings from trusted sellers
- Numismatic shops with return policies
I avoid listings with blurry photos or vague descriptions, because I want to know exactly what I am getting.
What Affects the Price for Me
When I evaluate the price, I consider:
- Condition of the coin
- Rarity and demand
- Whether it is a common circulation strike or a special issue
- Seller reputation
- Market timing
I have noticed that a coin can look inexpensive at first, but shipping, fees, and condition issues can change the real cost quickly.
My Tips for Getting a Fair Deal
To feel confident in my purchase, I usually:
- Compare several listings before buying
- Ask for close-up photos
- Check recent sold prices, not just asking prices
- Read seller feedback carefully
- Avoid overpaying for cleaned or damaged coins
This helps me stay realistic about value and avoid impulse buys.
How I Store and Protect It
Once I buy a coin, I keep it safe right away. I store it in an archival-quality holder or coin flip, and I avoid touching the surface with bare fingers. I also keep it away from moisture, heat, and chemicals. In my experience, good storage protects both appearance and value.
Final Thoughts from My Experience
For me, the 1987 Mexican 500 Peso coin is a fascinating piece that can be a rewarding addition to a collection if I buy carefully. I always focus on authenticity, condition, and fair pricing. When I take my time and choose wisely, I feel much better about the purchase and the long-term value of the coin.
Final Thoughts
I think the 1987 Mexican 500 Peso coin is a great example of how modern Mexican coinage can still carry historical and collectible appeal. My takeaway is that its value depends on condition, demand, and whether collectors are interested in its design or date. I also believe it’s a coin worth a closer look for anyone building a Mexican coin collection.
Author Profile

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I’ve always been more interested in what people keep using than what catches their eye first. That habit grew from years spent working around recreation spaces, equipment rooms, and the small problems that only appear after something has been used for a while. I’m Mason Bellamy, based in St. Petersburg, Florida, and I like practical things that earn their place.
Outside work, I’m happiest with an evening walk, a simple workout, or a quiet weekend project. ClubShula.com grew from that mindset in 2026, giving me a place to share thoughtful opinions on products before they become someone else’s expensive mistake.
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