1987 Mexico 10 Pesos Coin (Miguel Hidalgo)

This is a 10 Pesos denomination currency coin from Mexico, minted in 1987. The coin is struck in a silver-colored stainless steel composition. The obverse shown features a forward-facing portrait of Miguel Hidalgo y Costilla, a prominent leader of the Mexican War of Independence. To the left of the portrait, the denomination is listed vertically as '$10' above the mintage year '1987'. Below the portrait, the name 'HIDALGO' is inscribed in capital letters. To the right of the head is the 'Mo' mint mark, signifying the Casa de Moneda de México (Mexican Mint). The coin's edge is bordered by a raised beaded rim. Physically, the coin appears to have a diameter of approximately 19mm. The condition shows light circulation wear, including minor surface abrasions (bag marks) and a slight dulling of the original luster, though the high-relief details of Hidalgo's facial features remains sharp. There are no signs of major corrosion, deep gouges, or bending, indicating a well-preserved state for a 36-plus-year-old circulation strike.

I have completed a visual examination of the 1987 Mexico 10 Pesos coin featuring Miguel Hidalgo. Based on the digital images provided, the coin exhibits characteristics consistent with a genuine stainless steel business strike from the Mexico City Mint (Mo). The strike remains sharp, particularly in the high relief of Hidalgo's hair and the beaded rim, though the fields show expected light surface abrasions and a minor loss of original mint luster consistent with an About Uncirculated (AU) grade. Historically, these coins were produced in massive quantities—over 250 million in 1987 alone—before being demonetized following the currency revaluation of 1993. Consequently, their value is primarily numismatic rather than face value. Current market conditions for this specific date show a high supply and low demand. Comparables sold in bulk or small lots typically trade for under one US dollar unless they are in flawless, high-grade Mint State (MS65+) or possess a recognized error. The primary factor limiting value is the high mintage and commonality of the 1987 issue. Please note that while the visual details suggest authenticity, a definitive verification requires physical inspection to confirm weight (3.3g), diameter (19mm), and electromagnetic signature. Without an in-person examination, I cannot rule out the possibility of contemporary counterfeits, though such fakes are rare for this low-value denomination. For full authentication, the coin would need to be weighed using a digital scale and inspected under 10x magnification for die-coincidence markers.