The coinage of Mexico, now concentrated at the mint in the capital (all others having been closed) is based (since November 28, 1867) on the decimal system - the peso being divided into 100 centavos - and consists of gold, silver, nickel and bronze coins, whose weight and fineness are determined by the monetary law of 1904.
Silver: I peso, 9027 fine, containing 24.438 grammes of pure silver, 50 centavos, 800 fine, 20 „ 10 „ 5, , Bronze: I and 2 centavos, 95 parts copper, 4 tin, I zinc.
The silver coins are the peso of loo centavos and its fractional parts of 20, 10 and 5 centavos.
The silver coins are of the denominations of 1 boliviano, or 100 centavos, 50, 20, 10 and 5 centavos, and the issue of these coins from the Potosi mint is said to be about 1,500,000 bolivianos a year.
The nickel coins are of;5 and 10 centavos, and the copper i and 2 centavos.
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