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The 1 peso coin was first issued by the Second Mexican Empire from 1866 to 1867, during the reign of Emperor Maximilian I, even though an unissued pattern coin of the denomination was struck by the original United Mexican States several years earlier in 1842. In 1869, two years after the execution of Maximilian and the establishment of the current United Mexican States, a new issue of the 1 peso coin was introduced. From that point forward, the country has continued to issue 1 peso coins. The peso coin is now the oldest denomination of coined Mexican currency still circulating, following the discontinuation of the 1 centavo coin in 1973.

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MXN 1p 2003

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