1 Peso Silver, Ejército del Norte, 1915: Value Guide

If you inherited a 1915 Mexican 1 peso stamped Ejército del Norte, here is the honest answer: most examples are worth their silver content, roughly the value of about 19 grams of pure silver, up to a few hundred US dollars if the coin is sharp and problem-free. This is a Mexican Revolution silver piece from a real army mint, not a modern fantasy, and that history gives it a floor above scrap.

In 2026, collectors still buy these steadily. The value depends on three things: how worn the coin is, whether it is genuine, and the price of silver on the day you sell.

What this coin actually is

The Ejército del Norte ("Army of the North") was one of the revolutionary factions during the Mexican Revolution. Coins carrying that name were struck to pay troops when the central mint system had collapsed. This 1 peso dated 1915 is part of a broad group of provisional and revolutionary silver pesos, catalogued under the Misc 1 Peso Silver Revolution series.

These are period coins with genuine numismatic interest, which is why they sell for more than melt when the condition is decent.

Specifications (check yours against these)

Feature	Specification
Denomination	1 Peso
Year	1915
Weight	26.68 grams
Diameter	39 mm
Composition	Silver .720 (72% silver)
Edge	Reeded
Era	Mexican Revolution

At .720 fineness and 26.68 grams, each coin contains about 19.2 grams (0.617 troy ounces) of pure silver. That silver content is your price floor. No genuine example is worth less than its melt value.

What it is worth

Because revolutionary silver was struck under wartime conditions, quality varies widely and so do prices. Here is the realistic picture in US dollars:

Condition	Approximate value (USD)
Heavily worn / damaged	Melt value (roughly 12 to 18 USD, tracks silver spot)
Circulated, honest wear	25 to 75 USD
Sharp, minimal wear	100 to 300 USD
Uncirculated / high grade	Several hundred USD, variety-dependent

These are ranges, not promises. The exact figure moves with the silver spot price and with the specific die variety, since some 1915 revolutionary pesos are far scarcer than others. To pin down your grade before you sell, use our coin grading guide.

The myth to ignore

"It's from 1915, so it must be worth a fortune." Age alone does not make a coin valuable. Millions of silver coins from the early 1900s exist, and most trade near melt. What lifts a revolutionary peso above scrap is a combination of a genuine strike, an in-demand variety, and strong condition. A worn, corroded, or repaired example is a silver coin worth silver money, no more.

Be equally skeptical of "rare error" claims online. Most so-called errors on these coins are post-mint damage: dings, corrosion, or cleaning marks. A true off-center strike or die rotation, verified, can add real value, but that is the exception.

How to tell if yours is genuine

1. Weigh it. A genuine coin is 26.68 grams. Use a jewelry scale. Counterfeits are commonly off by a gram or more.
2. Measure it. Diameter should be 39 mm on a caliper.
3. Check the edge. It should be reeded (fine vertical ridges), not smooth or cast-looking.
4. Inspect the relief. Genuine strikes have crisp detail. Flat, mushy, or grainy surfaces suggest a cast fake.
5. Distrust bargains. If someone offers to sell one far below its silver value, walk away.

For anything valuable, a professional authentication (NGC or PCGS) settles the question and often raises the resale price.

Where to sell it

To sell for a fair number, use a verified coin shop from the Pesoteca directory that appraises the piece in front of you, or the Pesoteca buy-and-sell forum among collectors. Photograph the obverse, reverse, and edge, and check the grade ranges above before you agree to anything. Do not dump it on social media to the first buyer who replies, and never pay or accept payment on a precious-metal coin you have not seen and weighed in person.

Got one in an inherited box? Post clear photos of both sides in the Pesoteca forum and let the community help you confirm the variety and grade.