100 Pesos Campeche 2003 (Coat of Arms): Value & Silver Content
Prices updated: August 2026
Union of the States: Campeche, first stage.
Union of the States: Campeche, first stage.
Design
Banxico
Reverse
Official coat of arms of the state of Campeche, with the perimeter legend "ESTADOS UNIDOS MEXICANOS." Reverse of the first stage of the Union of the States of the Mexican Republic series.
Obverse
Mexican National Coat of Arms within the silver center, with the denomination "100 PESOS" and the legend "ESTADOS UNIDOS MEXICANOS" on the aluminum-bronze ring. Year of minting on the obverse.
How much is the 100 Pesos Campeche 2003 (Coat of Arms): Value & Silver Content worth?
The market value of the 100 Pesos Campeche 2003 (Coat of Arms): Value & Silver Content is not yet documented with enough data to give a firm range. Weigh and measure your piece, compare it against the specifications, and check the forum for a second opinion.
The real price depends on four factors: the grade of preservation (a circulated piece is worth the low end of the range; an uncirculated one, or one still in its official blister pack, the high end), the finish (satin vs mirror/proof), the rarity within the series based on the mintage, and the metal spot price on the day of the deal when the piece is silver or gold. Check the value-by-grade table above and compare with equivalent pieces before buying or selling.
Where to buy or sell this coin?
Browse the national directory of numismatic shops or the community forum to trade directly with other collectors.
States of the Federation
The 64 pieces of the 180th Anniversary series
This coin is part of the series that dedicated one piece to each Mexican state. Two phases: Heraldic (2003) and Cultural (2005-2007).
Description
If you found a chunky two-tone Mexican 100-peso coin dated 2003 with a shield, anchor and palm tree on the back, here is the short answer: it is one of Mexico's bimetallic state coins, it does contain real silver, and most examples in 2026 sell for roughly 15 to 40 USD. Not a fortune, but well above face value, and worth more than the 5 dollars or so of silver inside it.
This is the Campeche coin from the first phase of the "Unión de los Estados de la República Mexicana" series, a 32-coin set (one per Mexican state plus the federal capital) issued by the Banco de México (Mexico's central bank) starting in 2003.
What it's worth in 2026
These coins were made to be collected, not spent, so they were saved in good condition from day one. That keeps prices modest. Value depends almost entirely on condition and whether the coin has been certified.
| Condition | Typical value (USD) |
|---|---|
| Circulated / handled | 12 to 18 |
| Uncirculated (as issued) | 20 to 40 |
| Certified MS67 or higher (NGC/PCGS) | 50 to 120+ |
The figures above are ranges based on what these silver-center state coins bring on the collector market. A raw uncirculated example is a common item. A top-graded certified example is where the real money sits, but that is a small slice of the total supply.
Does it contain silver?
Yes. The center disc is Sterling silver, .925 fine. The outer ring is aluminum bronze. Full specs, keep these exact if you want to authenticate yours:
- Weight: 33.78 grams
- Diameter: 39 millimeters
- Center: .925 Sterling silver
- Ring: aluminum bronze
- Edge: interrupted reeded (segmented) edge, standard for the series
- Finish: satin
The silver center gives the coin a floor value. Because only the center is silver (not the whole coin), the melt value is modest, in the range of a few dollars. That is why the collector premium matters more than the metal here.
How to read the design
The reverse (back) shows the official coat of arms of Campeche: a bastion with an anchor and a palm, a nod to the state's history as a fortified colonial port. San Francisco de Campeche, the state capital, still has the only walled city in Mexico and is a UNESCO World Heritage Site. The obverse (front) shows the Mexican national coat of arms inside the silver center with the denomination 100 pesos, a design shared by all 32 coins in the set.
Where to sell it
For a coin in this price range, skip the pawn shop and skip dumping it to the first offer on Facebook Marketplace.
- A verified numismatic dealer can value it on the spot. If you are near Campeche or want a local buyer, check the Campeche dealer hub.
- The Pesoteca buy-and-sell forum puts you in front of collectors who actually want the piece, often at a better price than a dealer's buy rate.
- Photograph the front, back and edge in good light before you sell, and compare your coin to the price ranges above.
How to tell if it's genuine
Counterfeits of these state coins exist but are usually easy to catch:
- Weigh it. A genuine coin is 33.78 grams. A jeweler's scale settles most questions fast.
- Measure it. Diameter should be exactly 39 millimeters.
- Check the two metals. The silver center and bronze ring should be cleanly separated with no smearing of color.
- Look at the relief. Fakes tend to look flat or soft. Genuine coins have crisp lettering and detail.
If weight or diameter is off, be cautious. When in doubt, get it certified by NGC or PCGS, which also raises the value if it grades well.
Completing the set
In 2005 the Banco de México issued a second Campeche coin, the Cultural 2005 version, part of the series' second phase. That one uses a specific cultural image of the state instead of the official coat of arms. Both coins together complete the Campeche 100-peso pair, and collectors often want the full pair rather than a single coin.
Have a 2003 Campeche coin in hand and want a value on your exact grade? Post clear photos of the front, back and edge in the Pesoteca forum and the community will tell you what it's really worth.
Historical context
The 100-peso series Union of the States of the Mexican Republic began in 2003 with the first stage, called Escudo (Coat of Arms) because the reverse bears the official arms of each of the 32 states. The piece dedicated to Campeche is part of that first block of 32 coins, issued by Banxico under the framework of the Monetary System that has governed the modern peso since the new-pesos reform of 1993.
Campeche has San Francisco de Campeche as its capital. It was established as a free and sovereign state in 1863. The reverse of the piece shows the state's official coat of arms, with no allusions to specific historical episodes: the central motif is the heraldic emblem. For mintages and economic circulation data of each piece in the series, the sources are Banxico's official reports; until they are verified in the CM10 catalog, they are not reported in this record.
This piece belongs to the era
Nuevos Pesos y actualidad →Explore all the Mexican coins of this era, their historical context and how they connect to the monetary system of the period.
Go deeper on this coin
100 pesos de los Estados: la moneda de plata dedicada a tu estado (guía completa Escudo y Cultural)
Banxico acuñó una moneda de plata para cada uno de los 32 estados de México, y luego lo hizo dos veces. Aquí está la guía completa de las 100 pesos de los Estados: qué son, la diferencia entre la versión Escudo y la Cultural, por qué el centro de plata importa, cómo armar la colección y la lista de las 64 fichas para que caces la de tu tierra.
Read the full article →Unique context of this piece
The coat of arms of Campeche shows a bastion, an anchor and a palm, an allegory of its history as a fortified colonial port.
Campeche preserves the only walled city in Mexico (a UNESCO World Heritage Site), a defense against piracy in the colonial era.
Campeche did not have a colonial mint during the Mexican viceroyalty, but it joined Banxico's official commemorative program when the Bank of Mexico made the "Union of the States of the Mexican Republic" series official in 2003. This bicolor 100-peso piece is the first and only official coin dedicated specifically to the state of Campeche during its first stage.
If you want to hunt this piece down in person or find specialized collectors in Campeche, check the Campeche store hub, where we document the state's verified stores with honest reviews, addresses and contact details.
If you collect the full series, your next target is the Cultural 2005 sibling of Campeche, struck two years later with a state-specific iconographic motif instead of the official coat of arms. The full 100 Pesos States series also has the complete catalog with every sibling piece verified by Pesoteca.
Related pieces and hubs
Specific questions about this piece
Did Campeche have a Mexican colonial mint?
No, Campeche did not have a colonial mint during the viceroyalty. The active Mexican colonial mints were Mexico City (Mo, the most important), Zacatecas (Zs), Guadalajara (Ga), Guanajuato (Go), Durango (Do), Chihuahua (CH), Oaxaca (Oa, insurgent), San Luis Potosí (Pi, insurgent) and a few others of lower volume. You can see the full catalog in our colonial 8 reales series.
What is the difference from the 100 Pesos Campeche Cultural 2005?
The Coat of Arms 2003 version (this one) shows the state's official coat of arms on the reverse. The sibling Cultural 2005 version shows an iconographic motif representative of the state (a historical figure, a monument, a cultural element) instead of the coat of arms. Both share the bimetallic format and composition. Collecting both is what completes the 100 Pesos set of Campeche.
Where can I buy the 100 Pesos Campeche Coat of Arms 2003 today?
The main circuit for pieces in this series is the specialized numismatic market: auction houses, verified stores in the state, and private collectors. In the Campeche store hub we document the local options with honest reviews. For UNC pieces or those with the original Banxico blister pack, the price rises between 3x and 8x the 100-peso face value.
Why did Campeche 2003 (Coat of Arms): Value & Silver Content not have a colonial mint?
Campeche 2003 (Coat of Arms): Value & Silver Content did not have an operating mint during the Spanish viceroyalty. The active Mexican colonial mints were Mexico City (Mo, the most important and oldest on the continent), Zacatecas (Zs), Guadalajara (Ga), Guanajuato (Go), Durango (Do), Chihuahua (CH), Oaxaca (Oa, insurgent) and San Luis Potosí (Pi, insurgent).
The main reason was economic: mints were only established in regions with enough silver mining output to justify the infrastructure. The silver circulating in Campeche 2003 (Coat of Arms): Value & Silver Content during the colonial era came mainly from the central Mexico City mint. That is why this bicolor 100-peso piece from 2003 is the first official coin dedicated specifically to the state.
Key historical event of Campeche 2003 (Coat of Arms): Value & Silver Content (1717)
La ciudad amurallada de Campeche completó sus murallas defensivas en 1717 tras décadas de ataques piratas desde el Golfo. Es la única ciudad amurallada de México con muros coloniales intactos.
UNESCO heritage of Campeche 2003 (Coat of Arms): Value & Silver Content
Campeche 2003 (Coat of Arms): Value & Silver Content is home to the following sites recognized as UNESCO World Heritage:
- ▸ Ciudad histórica fortificada de Campeche (1999)
Circulation and market of Campeche 2003 (Coat of Arms): Value & Silver Content
Circulación limitada en el estado. Aparece en mercados numismáticos de Yucatán y Quintana Roo con más frecuencia que en el propio Campeche.
Other denominations from 2003
180 Aniversario de la Unión de los Estados en una Federación · Bimetálica
Same denomination, other years
100 pesos Bimetálica · 180 Aniversario de la Unión de los Estados en una Federación
Frequently asked questions
How much is the 2003 Campeche 100-peso coin worth?
Most examples sell for 12 to 40 USD depending on condition. A circulated or handled coin is around 12 to 18 USD, while an uncirculated example runs 20 to 40 USD. Certified coins graded MS67 or higher by NGC or PCGS can bring 50 to 120 USD or more.
Is the 2003 Campeche 100-peso coin rare?
No, it is not rare. It was made to be collected and saved, so most surviving examples are in good condition. Value comes from the silver center and collector demand, not scarcity. The exception is top-graded certified examples, which are genuinely uncommon and worth more.
Where can I sell my 2003 Campeche 100-peso coin?
A verified numismatic dealer will value and buy it on the spot, or you can list it in the Pesoteca buy-and-sell forum to reach collectors directly, often at a better price. Photograph the front, back and edge and compare it to the value ranges before selling. Avoid dumping it to the first offer on social media.
How do I know if my Campeche coin is real silver?
The center disc is .925 Sterling silver and the outer ring is aluminum bronze. Confirm authenticity by weight (33.78 grams) and diameter (39 millimeters). Genuine coins have crisp relief and cleanly separated metals. If the weight or size is off, or the design looks flat, it may be a counterfeit.
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Sources
Images for informational and educational purposes, attributed to their original source. Reference values; the real price depends on the grade, the specific variant and demand.
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