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1913 1P Type 2, Caballito, KM-453 MS

1913 1P Type 2, Caballito, KM-453 MS

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Greysheet Catalog Details (GSID: 295083)

The 1913 Caballito Peso, a Type 2 die set, has the second highest mintage for the series and is the most available date in uncirculated grades. The Caballito was a heavily used coin in its first years.  This is illustrated by the low number of uncirculated coins found dated 1910, the series' single highest mintage year. All Caballito Peso's are made of 0.9027 silver (often referred to as "Mexican Silver" for the higher silver content),  and 0.0973 copper. The 1913 has a mintage of 2,880,000.

The 1913 Caballitos are struck with type 2 dies.

1913 Caballitos are some of the highest graded "Horse Pesos" available. No other date boasts even a single coin graded MS-67. The 1913 to date has 4 coins graded MS-67 at NGC and 7ea at PCGS. Gem grades can usually be found, but Choice Gems are elusive.

(Allan Schein)
Obverse:

The Obverse features the Mexican coat of arms, depicting the Aztec legend of a Mexican Eagle grasping a snake in its beak and right claw while standing on a Prickly Pear Cactus on a rocky outcrop on Tenochtitlan in Lake Texcoco. Estados Unidos Mexicanos appears above, Oak and Laurel wreath below. Un Peso in bold letters in field on either side of Cactus. Lenticular pattern around face of outer edge.


Reverse:

The Reverse of the Caballito is the money side as we say in numismatics. It depicts a young woman rider, symbolically representing Liberty, side sitting on an unshod Mexican bucking horse that carries no saddle. Both the horse and rider face to the left. The female rider holds a torch raised high in her left hand as she looks to the rear while urging the horse forward. The flames of the torch flow horizontally to the right. Her right hand holds a branch from an Encino Oak. Liberty is wrapped in loose flowing cloth representing the fabric of society. The Horse has no saddle, no bridle or reins. Behind the horse and rider is a radiant rising sun with its crown breaking above the earth sending 14 rays of light into the sky. Around the outer face is an alternating "lenticular" pattern interspersed with "snaps". The date on the coin sits in the space below the textured ground the horse stands upon, with a raised dot on either side.

Edge Lettering: The Edge has sunken letters reading INDEPENDENCIA Y LIBERTAD. Caballitos with a reeded edge are counterfeit.

Catalog Details    Dealers Only

Catalog Detail

GSID: 295083
Coin Date: 1913
Denomination: 1P / Un Peso
Designation: MS
Mint Location: Mexico City
Mintage: 2,880,000
Coinage Type: Estados Unidos Mexicanos
Coinage Years: 1910-1914
Composition: 0.9027 silver, 0.0973 copper
Variety: Type 2, Caballito
Variety 2: KM-453
Strike Type: Business
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