Obverse: Phrygian cap with "libertad" inscription, surrounded by light rays.
Legend: * 8R . Zs . 1843 . O . M . 10 Ds . 20 Gs .
Reverse: Eagle with a snake in its beak, standing on a cactus plant, sea waves below.
Legend: REPUBLICA MEXICANA (terminated by olive and oak branches)
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The successful revolt of the Spanish colonies in America, did not stopped the Spanish dollar to dominate the Eastern trade, and the peso of 8 reales continued to be minted in the New World. The coin was sometimes called a Republican dollar, but eventually any peso of the old Spanish 8-real standard was generally referred to as a Mexican dollar, Mexico being the most prolific producer. Mexico restored the standard of 1772, producing a coin of 27.073 g, 0.9028 fine, containing 24.441 g fine silver (the mark weight of the Mexico City mint was very slightly heavier than the standard mark of Spain).
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