$66.15 / troy oz
Spot as of Sep 6, 2026 10:50 PM · $1 move in silver changes this coin by $0.77
PhotoNot on file yet — specs below are mint weight.
Melt / coin$51.05
Silver spot$66.15
ASW0.77170 oz
Gross weight26.670 g
Fineness90%
Gross troy oz0.8575
Coins / oz1.30
If you want to sell
Find a shop near you
A local coin shop can make an offer. Melt is the metal floor, not a quote. Many shops buy generic gold and silver as a percent of that number.
What this coin is
The 1921 silver 2 pesos commemorates independence. Legend DOS PESOS. 26.67 g, .900 fine, 0.7717 oz ASW. Silver, not the tiny gold DOS PESOS.
What is written on the coin
DOS PESOS, Winged Victory / independence design, 1921. If the piece is gold and button-sized, it is the gold 2 pesos.
Metal content (the melt spec)
Mint specification: 26.6700 grams at 90% fine, which is 0.77170 troy oz of pure silver (ASW). Formula: grams × fineness ÷ 31.1034768. Date and mintmark do not change that number. Melt today is $51.05 per coin at $66.15 silver.
Mintage
One-year circulating commemorative, 1921. Collector demand is usually above melt in nice grade; damaged coins sit nearer silver.
A little history
Centennial of independence (1821–1921), same anniversary that produced the gold Centenario.
How to tell you have this type
Silver dollar-size, DOS PESOS, 1921. Gold dos pesos is 13 mm.
Date and mintmark do not change the metal on this page. Collector value is a different market — see Sold Comps for sold prices.
Before you sell
Usually near melt
If the coin is damaged or heavily worn, melt is a fair starting number. If it looks special, check collector solds before you sell.
Melt is the metal floor. For auction and eBay solds on the same type, see Sold Comps. We list 355 melt values; collector premiums are a different market.
Quick amounts
Using $66.15 silver.
| You have | Pure oz | Melt |
|---|---|---|
| 1 coin | 0.7717 | $51.05 |
| 10 coins | 7.7170 | $510.48 |
| 20 coins | 15.4340 | $1,020.96 |
Silver chart
Where silver has been.
Melt alert
Email me if this coin’s melt crosses a number I set.
Related types
Same metal, nearby coins.
Mexico 5 pesos Cuauhtémoc (CINCO PESOS)
1947–1948 · 0.86810 ASW
$57.42
Mexico 5 pesos Hidalgo 0.720 (CINCO PESOS)
1951–1954 · 0.64310 ASW
$42.54
Mexico 10 pesos Hidalgo silver (DIEZ PESOS)
1955–1960 · 0.83570 ASW
$55.28
Mexico 25 pesos 1968 Olympics (VEINTICINCO PESOS)
1968 · 0.52080 ASW
$34.45
Mexico 100 pesos Morelos (CIEN PESOS)
1977–1979 · 0.64280 ASW
$42.52
Mexico Libertad 1 oz silver
1982–date · 0.99900 ASW
$66.08
Mexico 8 reales (OCHO REALES)
1824–1897 · 0.78590 ASW
$51.99
Mexico Caballito peso (UN PESO)
1910–1914 · 0.78590 ASW
$51.99
Questions people ask
How much pure silver is in a Mexico 2 pesos 1921 (DOS PESOS)?
Mint spec is 26.670 grams at 90% fine, which is 0.77170 troy oz of pure silver (ASW). Date and mintmark do not change that.
What is a Mexico 2 pesos 1921 (DOS PESOS) worth in melt today?
At silver spot of $66.15 per troy oz, one coin’s melt is $51.05. Multiply by how many you have. A rare date or a nice grade can sell for more than melt.
How many Mexico 2 pesos 1921 (DOS PESOS)s equal one ounce of silver?
About 1.30 coins equal 1.00 troy oz of pure silver at mint weight.
Does mintmark change the melt value?
No. Mintmark and date do not change the metal for this composition. A Mexico City (Mo) piece and another mint of the same spec have the same melt. Collector premiums still follow date, mint, and grade.
Is melt what I should sell this Mexico 2 pesos 1921 (DOS PESOS) for?
Most common circulated examples trade close to the metal. Better grade, proofs, and scarce dates are the exceptions. If the coin is damaged or heavily worn, melt is a fair starting number. If it looks special, check collector solds before you sell.
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