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Historic coin

Sell a gold 8 escudos

The large gold coin of the young Mexican republic, from 1824 to 1873: 27.07 grams of 875 gold, with the eagle on the cactus.

Purity
875‰ (21 carat)
Country
Mexico
Gold rate
€119.54/g
GOLD 8 ESCUDOS MEXICO · we pay€2,718.14per coin +0.05%
Purchase price

What do we pay for a gold 8 escudos Mexico?

Based on the gold rate of this moment, €119.54 per gram of fine material. As of:

Purchase prices for gold 8 escudos Mexico per variant
VariantFine goldTotal weightWe pay
8 escudos23.686 g27.07 g€2,718.14

This price applies regardless of the year and the mint. With a rare year or exceptional condition the collector’s value can be higher than the material value – then we say so, even if that means you are better off not selling us the coin.

How we arrive at this amount

A coin is precious metal in a recognisable shape. What it fetches therefore depends almost entirely on the fine weight: the weight of pure gold it contains.

This coin is 875‰ (21 carat) pure. The rest of the alloy – usually copper – makes it harder and scratch-resistant, but has no value. That is why we calculate on the fine weight and not on what the scales say.

Struck at a range of Mexican mints, each with its own mint mark, until 1873.

Not sure whether your coin is genuine? We check weight, diameter, thickness and – if in doubt – the density with X-ray analysis. Non-destructive: your coin stays intact.

Also have a look at today’s gold rate or all gold prices.

A republic on the cactus

After independence Mexico struck gold 8 escudos with the national arms: the eagle with a snake in its beak, on a cactus. The legend reads REPUBLICA MEXICANA. They were struck at a range of mints, and the mint mark and the assayer’s initials matter to collectors.

Gold and collector value

An 8 escudos contains 23.69 grams of fine gold. With a coin of this age, mint, date and condition often count for more than the gold. We value both and tell you which is higher.

In four steps

How to sell your gold 8 escudos Mexico

From walking in to being paid usually takes less than half an hour.

  1. Do not polish it

    With collector coins, cleaning can push the value down considerably. A natural patina belongs to them.

  2. Bring it in

    With or without an appointment, at one of our 45 locations. If the coin is in a holder, leave it in there.

  3. We assess two values

    The precious metal and what the coin itself does: year, mintage and condition. You get the higher of the two.

  4. Paid out straight away

    In cash or by bank transfer. Larger amounts reach your account within 24 hours.

Good to know

Questions about selling gold 8 escudos Mexico

How much gold is in an 8 escudos?

23.686 grams of fine gold in a coin of 27.07 grams, at a fineness of 875. We settle against the gold rate of the moment.

Why is the fineness 875?

That is how the coin was defined: 21 carats. We measure the fineness ourselves, without damaging the coin.

Does the mint matter?

Not for the gold, but often for the collector value. Some combinations of mint and date are rare. We look at that coin by coin.

Is this a Centenario?

No. The Centenario is the 50 pesos of 1921 and later. The 8 escudos is older and has a different weight and fineness.

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Your question

A question about gold 8 escudos Mexico?

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Sources

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