Mexico • 2½ Mexican pesos

Mexican Gold 2½ Peso — Quarter Hidalgo

The Mexican gold 2½ peso is the quarter-Hidalgo denomination in Banco de México’s Centenario gold family. It has .900 gold fineness and official fine-gold content of 0.06028 troy oz. “Quarter Hidalgo” describes a fraction of the 10-peso denomination; it does not mean a quarter troy ounce of gold.

Banco de México 2½ peso reference design obverse
Obverse — Banco de México 2½ peso reference design; representative image, not an authentication of your coin; low-resolution official reference thumbnail
Banco de México — Banco de México reproduction authorization with attribution. Resized WebP; coin surface unchanged. · Image source · Banco de México reproduction authorization with attribution
Banco de México 2½ peso reference design reverse
Reverse — Banco de México 2½ peso reference design; representative image, not an authentication of your coin; low-resolution official reference thumbnail
Banco de México — Banco de México reproduction authorization with attribution. Resized WebP; coin surface unchanged. · Image source · Banco de México reproduction authorization with attribution

When a fresh spot bid is available, melt values use fine-metal content × spot bid. CashForCoins guide buying offers use the separately configured percentage for each metal. Selected rare/numismatic coins require an appraisal. Dollar amounts remain unavailable when a fresh quote or buying percentage is missing.

Verified coin specifications

Country
Mexico
Face denomination
2½ Mexican pesos
Composition
90% gold alloy
Gross weight (grams)
2.0833
Fineness
0.9
Fine-metal weight (troy oz)
0.06028
Diameter (mm)
15.5
Mint
Mexican Mint
Mint mark
Unverified on thumbnail
Restrikes
Dated issues may require separate restrike research; strike year not inferred
Fractional size
Historic denomination under 1 troy oz
Issue years
1918–1920, 1944–1948

These are the KM463 Hidalgo face dates, with 1920/10 an overdate variety. Later official restrikes retain an earlier face date, commonly 1945. Earlier .875 gold two-and-a-half-peso coins have different mass and content.

Source precision
Banco de México fine weight .06028 troy oz, .900 alloy and 15.5 mm diameter. The reference gross reference 2.0833 g and original date range. Rounded source measures are retained independently.

Calculate this coin’s metal content

One coin contains 0.06028 troy oz of fine gold.

Formula: specified fine-metal troy ounces × quantity. Dollar melt value additionally requires an approved current metal price.

Obverse: identify the front

The national eagle and ESTADOS UNIDOS MEXICANOS identify the obverse. Banco de México supplies the two small reference photographs used here. They are credited official identification thumbnails and are not detailed authentication images; larger owned photographs remain a useful improvement.

Reverse: identify the back

Miguel Hidalgo’s profile appears with the DOS Y MEDIO PESOS denomination and a date. Match that exact denomination; the 5- and 10-peso Hidalgo coins have different specifications. The reference image represents the design, not proof of the strike year or authenticity of a coin in hand.

History and purpose

Banco de México describes the Hidalgo gold family as part of Mexico’s monetary history following the 1905 reform. The smaller 2½ peso belongs to that denomination family. This guide separates its small fine-gold content from the larger Hidalgo and Centenario coins rather than applying one peso specification to all sizes.

How to identify this variant

Read DOS Y MEDIO PESOS, compare the Hidalgo portrait and eagle, and check the nominal 15.5 mm diameter. The 2-peso coin has a different reverse and gold content. A legible date helps identify an issue, but additional research is needed before asserting whether a dated specimen is an original strike or restrike.

Understanding its metal content

The .900 alloy includes non-gold metal. Calculation uses Banco de México’s more precise .06028 troy-oz fine-weight reference. The independently published 2.0833 g gross mass is retained as a rounded reference. A rounded .0603 quotation from another catalog must not silently replace the official basis.

Dates, varieties and composition changes

The internal specification cross-check lists original dated issues in 1918–1948. That range is a catalog envelope, not a claim of uninterrupted annual production. Restrike production and the date stamped on a coin may differ; this initial guide does not certify an individual specimen’s production year or a restrike count.

Melt value versus collector value

Small gold content does not mean a coin has no collector interest. Date, condition, authenticity and provenance may affect evaluation. Preserve original surfaces, and separate uncertain pieces for review. This guide provides neither a grade nor historical sale prices.

Authenticity and condition

Use larger photographs of your actual coin and compare legends, diameter and nominal mass. The small official reference images cannot resolve tiny die details. Avoid relying on color alone or destructive tests. Seek professional review if the denomination, design or physical measurements do not agree.

Selling this coin

List the denomination as 2½ pesos, not 2 pesos, and record quantities and visible dates. Add photographs of both sides to the existing appraisal form. Company gold purchasing information remains separate from a theoretical melt figure and from any collector evaluation.

Sources and calculation methodology

Banco de México supplies the official fine content, alloy, diameter and design reference. Gross mass and the original date envelope are retained from an internal reference cross-check. Banco de México authorizes reproduction of its published information with source and site attribution. No current market price or restrike statistic has been invented.

Common questions

Does quarter Hidalgo mean a quarter ounce of gold?

No. It means the 2½ peso fraction of the 10-peso Hidalgo denomination. Banco de México lists 0.06028 troy oz fine gold for the 2½ peso.

Can the stamped date prove that a Mexican 2½ peso is an original strike?

The date alone does not establish production history. This profile does not certify an individual specimen’s original-strike or restrike status.

Does this calculator show a current gold price?

No approved live feed is configured. Verified metal weight remains available; dollar melt value is unavailable rather than shown as zero.

References

Issue-year references

Content maintained by CashForCoins. Last substantive record update: 2026-10-09. Report a specification or attribution issue through our contact page.

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