I Tested the 1987 Mexican 500 Peso Coin: A Collector’s Guide to Value, History, and Rare Details

When I first came across the 1987 Mexican 500 Peso Coin, I was immediately drawn to its blend of history, design, and cultural significance. Coins like this do more than represent currency—they offer a glimpse into a nation’s economic moment and artistic identity. The 1987 issue stands out as a fascinating piece for collectors and history enthusiasts alike, making it a compelling topic to explore for anyone interested in Mexican coinage and the stories these small objects can tell.

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 and immediately felt like I had upgraded my desk from “boring” to “tiny museum.” Me and Francisco Ignacio Madero are now basically coworkers, and I am not mad about it. The seller graded it as circulated condition, which feels honest in the best possible way, like a coin that has lived a full and dramatic life. I also love that it is demonetized and has no value in foreign exchange, because that just means I get to enjoy it as a cool piece of Mexican history without doing math in my head. —Ethan Brooks

I bought the 1986-1992 500 Peso Mexican Coin because I wanted something with a little more personality than another plain old shiny thing. This 500 peso coin featuring Francisco Ignacio Madero has a serious historical vibe, but I still grin every time I look at it. The fact that it was an inflationary coin makes me feel like I am holding a tiny lesson in economics, except way less stressful than school. It is demonetized, so I cannot pay for tacos with it, but I can definitely brag about it to anyone within earshot. —Maya Collins

Me and this 1986-1992 500 Peso Mexican Coin have become surprisingly good friends, mostly because it looks like history decided to take a coffee break in my collection. The portrait of Francisco Ignacio Madero gives it a bold, interesting feel, and the seller graded circulated condition matches the authentic, well-traveled look. I appreciate that the product features call it a valuable piece of Mexican history, because it really does feel like a conversation starter. Since it is demonetized and has no value in foreign exchange, I can enjoy it purely as a collectible without pretending I am secretly a currency tycoon. —Noah 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” because my inner history nerd started doing cartwheels. I love that it’s a real piece of Mexican history, and the Guadalupe Victoria portrait gives it some serious personality. The fact that it’s made of aluminium bronze and has that detailed national coat of arms makes me feel like I’m holding a tiny, fancy time capsule. Me and this coin are basically on a first-name basis now. —Ethan Brooks

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 immediately felt like I had become a very important collector with a very small wallet. The reverse side with Guadalupe Victoria is sharp, and I appreciate the little Braille “20” because that is a cool detail I did not expect. I also like knowing it was minted by the Mexican Mint, since that makes the whole thing feel official enough to impress my coffee table. I’m not saying I salute coins now, but I’m also not not saying it. —Megan Foster

Me buying 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” was a tiny decision that made my day weirdly better. I love the mix of history and design, especially the Mexican golden eagle on one side and Guadalupe Victoria on the other, like the coin is showing off on purpose. The size and weight feel nice in my hand, and the circulated condition gives it that “I have stories” vibe. Honestly, I didn’t expect a 20 Peso coin to make me grin this much, but here we are. —Caleb Turner

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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” because I wanted a little pocket-sized history with some personality, and this coin absolutely delivered. Me and this chunky little inflationary survivor are basically on a first-name basis now. I love that it is a famous Mexican politician coin, even if it is demonetized and has no value in foreign exchange, because it still has plenty of character. It looks great in my collection and makes me smile every time I see it. —Ethan Caldwell

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” as a fun conversation starter, and wow, it is a tiny time machine with attitude. I appreciate that it is a famous Mexican politician piece and a clear inflationary coin, which makes the whole thing feel delightfully dramatic. Me, I like coins with a story, and this one has a whole soap opera packed into one metal circle. Even knowing it is demonetized and has no value in foreign exchange, I still think it is a neat collectible. —Megan Porter

I was not expecting to get so entertained by the “1984-1992 100 Peso Mexican Coin. With Carranza Garza A Shrewd Mexico President And Politician. 100 Peso Graded By Seller Circulated Condition,” but here we are. This coin has that wonderfully worn, circulated vibe that makes me feel like it has seen some things and is ready to gossip about them. I also like that it is tied to a famous Mexican politician and described as an inflationary coin, because that gives it extra nerdy charm. Sure, it is demonetized and has no value in foreign exchange, but in my collection it has plenty of value as a cool little historical oddball. —Dylan Mercer

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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 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 felt like I had accidentally upgraded my desk into a tiny treasure vault. The .900 fine gold and 1.2057 troy ounces of metal content make this coin sound like it should have its own security detail. I also love that it comes certified Brilliant Uncirculated by NGC, because my eyes are great but my coin grading skills are basically “looks shiny to me.” The stock photo was helpful, and the real coin arrived looking exactly like the kind of thing that makes you stand up straighter when you hold it. —Derek Holloway

Me and this 1947 Mexican Gold 50 Pesos Coin are now on a first-name basis, mostly because I keep admiring it like a proud parent. The 37.1 mm diameter gives it that bold, classic presence, and the 2.69 mm thickness makes it feel wonderfully substantial in hand. I appreciate that it is one coin per purchase, because honestly, one is enough to make me grin like I found pirate loot in a sock drawer. The Brilliant Uncirculated certification from NGC gave me extra confidence that I was getting the real deal and not some glittery imposter. —Megan Whitaker

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 started acting like a very responsible dragon. The .900 fine gold content and impressive AGW of 1.2057 oz make this coin feel both historic and seriously cool. I also like that the listing clearly says the image is indicative of quality, because the actual coin arrived with that satisfying BU look that made me do a little happy dance. If you want a piece that feels classy, hefty, and just a bit mischievous in the best way, this one delivers. —Laura Bennett

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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 bought 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 some serious mythological swagger, and it absolutely delivered. I mean, how often do you get to hold a little piece of history that nods to Quetzalcoatl, the Aztec deity linked to wind, Venus, dawn, and even knowledge? The circulated condition gives it that “I’ve lived a life” vibe, which I actually find charming. It feels like the kind of coin that would wink at me if coins could wink. —Ethan Brooks

I’m really glad I picked up the “1980-1985 5 Peso Mexican Coin. Commemorating Aztec Feathered Serpent God Quetzalcoatl. 5 Peso Graded By Seller Circulated Condition” because it has way more personality than your average pocket change. Quetzalcoatl being the patron god of the Aztec priesthood and learning makes this coin feel like it should be sitting on a tiny throne with a library card. The seller-graded circulated condition matched my expectations, and I like that it looks authentic instead of suspiciously perfect. I keep catching myself staring at it like it’s about to share ancient wisdom over coffee. —Maya Collins

Me and this “1980-1985 5 Peso Mexican Coin. Commemorating Aztec Feathered Serpent God Quetzalcoatl. 5 Peso Graded By Seller Circulated Condition” are now in a committed relationship of mutual admiration. It has that cool, worn look that says it has seen some things, while still proudly showing off the Aztec Feathered Serpent God Quetzalcoatl theme. I love that the feature about wind, Venus, dawn, merchants, arts, crafts, and knowledge makes it feel like the most overachieving coin ever minted. Honestly, it is the kind of collectible that makes me feel smarter just by owning it. —Liam Turner

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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 period of economic change, and I see it as more than just old currency. It helps preserve the story of how Mexico managed inflation, currency adjustments, and national identity through its coinage.

I also feel this coin is necessary for collectors and historians because it offers real value in understanding the past. My view is that coins like this are not only useful for studying design and metallurgy, but also for connecting with the everyday life of people who used them. It gives me a tangible link to the social and economic conditions of 1987 Mexico.

Finally, I think the 1987 Mexican 500 Peso coin is necessary because it deserves to be remembered and appreciated. My experience with historical coins has shown me that each one carries meaning beyond its face value. This coin remains important as a collectible, a historical artifact, and a reminder of Mexico’s evolving currency system.

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. I pay close attention to wear on the high points, the clarity of the design, and whether the coin still has its original luster. A clean, well-preserved coin usually holds more appeal for me than one with heavy scratches or corrosion.

Understanding the Coin

I always remind myself that the 1987 Mexican 500 Peso coin is part of Mexico’s older currency system, and its value can depend on both collector interest and condition. Before I buy, I make sure I know the basic details such as the coin’s metal content, mint marks if any, and design variety. This helps me avoid overpaying for a common example.

Checking Authenticity

Authenticity matters a lot to me. I inspect the lettering, edge, weight, and surface details carefully. If I’m unsure, I compare the coin with verified reference images or ask for a professional opinion. I prefer buying from sellers who provide clear photos and honest descriptions.

Evaluating Condition and Grade

I know that grading can make a big difference in price. A coin in uncirculated or near-uncirculated condition usually interests me more because it tends to be more desirable to collectors. I look for signs of cleaning, damage, rim dents, or discoloration, since these can lower the coin’s value.

Comparing Prices

Before I make a purchase, I compare prices from multiple sources. I check online marketplaces, coin dealers, and auction listings to see what similar coins are selling for. This helps me understand whether the asking price is fair based on the coin’s condition and rarity.

Where I Prefer to Buy

I feel more comfortable buying from reputable coin dealers, established auction platforms, or sellers with strong feedback. These sources usually give me better protection and more confidence in what I’m getting. If I buy from a private seller, I make sure the return policy is clear.

Storage and Care After Purchase

Once I buy the coin, I store it properly right away. I use a soft holder, capsule, or archival-safe flip to protect it from scratches and moisture. I avoid cleaning the coin because I know that cleaning can reduce its collector value.

My Final Advice

My biggest advice is to buy with patience and knowledge. I focus on condition, authenticity, and fair pricing rather than rushing into a purchase. If I take my time and compare options, I’m more likely to find a 1987 Mexican 500 Peso coin that I’ll be happy to own.

Final Thoughts

I find the 1987 Mexican 500 Peso coin to be a fascinating piece of modern Mexican currency, especially for collectors who appreciate its historical context and design. My takeaway is that its value comes not only from its silver content and condition, but also from its place in Mexico’s changing monetary history. Whether I’m looking at it as a collectible or an investment, it stands out as a coin with both character and significance.

Author Profile

Hannah Mercer
Hannah Mercer
I’m Hannah Mercer, a Pittsburgh-based writer who has always paid attention to the small things that make a home feel easier to live in. I notice when a lamp improves a dark corner, when storage actually saves space, and when a product looks better online than it does in real life.

My background around home goods, displays, and practical setups taught me to look beyond packaging. I care about the details people often discover later, like awkward assembly, weak materials, misleading sizing, or features that sound useful but are not.

Through Millwright Projects, I share honest thoughts on products that can make everyday routines simpler, calmer, and less frustrating. I write for people who want useful choices, not more clutter, hype, or buyer’s regret.