5 Nuevos Pesos Chaac Mool 1994 (1 oz Silver): Value & Prices

If you inherited or found a 1994 Mexican "5 Nuevos Pesos" coin showing a reclining stone figure, you have a one-ounce pure silver coin. In 2026, it is worth at least its silver melt value (roughly USD 30 to 40 depending on the silver spot price), and more in top grade or with its original packaging. It is not a rare rarity worth thousands, but it is real silver, and that gives it a solid floor.

What you actually have

The coin is officially the 5 Nuevos Pesos Chaac Mool, struck in 1994 at the Mexican Mint (Casa de Moneda de México), which carries the "Mo" mint mark. "Nuevos Pesos" (New Pesos) refers to Mexico's 1993 currency reform, when three zeros were dropped from the peso. The face value reads "N$5" and "5 NUEVOS PESOS," but the face value is meaningless here: the coin is bought and sold for its metal and collector appeal, not its stated denomination.

The reverse shows the Chaac Mool, the reclining stone sculpture found at Maya temple sites. This piece belongs to the Serie Precolombina Maya (Pre-Columbian Maya Series) and is cataloged as KM#574, part of the Nuevos Pesos 1992-1995 series.

Technical specs (check these against your coin)

The obverse carries the Mexican national coat of arms with "ESTADOS UNIDOS MEXICANOS." The reverse is inscribed "31.103g PLATA PURA" (31.103g pure silver) along with the Chaac Mool figure and the date 1994.

How much is it worth in 2026?

This is a bullion-plus-collector coin, so its value has two layers.

The floor is melt value. With one troy ounce of .999 silver, the coin can never be worth less than the current silver spot price for an ounce (typically USD 30 to 40 in recent years, though silver moves daily). Any offer meaningfully below melt is a bad deal, walk away.

The premium is condition and packaging. Circulated or spotted examples trade close to melt. Clean, uncirculated coins pull a modest premium. The Chaac Mool piece is more sought after than plain bullion because of its Maya theme, so it tends to carry a slightly higher collector premium than a generic silver round.

We avoid quoting a fixed number because silver moves and grade drives the rest. Check today's silver spot, then use the coin grading guide to place your coin. A coin still sealed in its original Banxico blister will always beat a loose, handled example.

The myth to ignore

Some sellers on social media list this coin as "rare" or "worth thousands." It is not. It is a well-liked silver theme coin with a healthy mintage, and its value tracks silver plus a small collector premium. The genuine upside comes only from mint errors (off-center strikes, die rotation, doubled dies) that are verified, and those are uncommon. Most "errors" circulating online are post-mint damage (dings, corrosion), not factory errors, and add nothing.

How to tell if yours is genuine

Because it is precious metal, the fakes that exist usually fail on physical measurements.

1. Weigh it. It should be 31.103 grams on a jewelry scale. Off by more than a fraction of a gram is a red flag.
2. Measure it. Diameter should be 40 mm with a caliper.
3. Check the relief and edge. Genuine coins have crisp detail and a reeded edge. Flat, mushy relief or a smooth edge points to a counterfeit.
4. Be suspicious of cheap offers. Anyone selling well below silver melt is either selling a fake or does not know what they have.

Where to sell it

Since this is a silver coin, sell where you get at least melt plus any grade premium.

• A verified numismatic dealer from the Pesoteca directory will appraise it on the spot and pay fair value against silver spot.
• The Pesoteca buy-and-sell forum connects you directly with collectors, who often pay the collector premium a bullion buyer will not.

Photograph the obverse, reverse, and edge, note the weight, and compare offers to the melt value before you sell. Do not dump it to the first bidder on Facebook.

Think you have a Chaac Mool with a real mint error, or want a second opinion on grade? Post your photos in the Pesoteca forum and let collectors weigh in before you sell.

The Chaac Mool is a Mesoamerican sculptural figure depicted in a reclining position with the head turned and a vessel on the abdomen. It appears at Maya sites such as Chichén Itzá and is associated with ritual offerings to Chaac, the deity of rain. The iconography is one of the most representative of the Maya Postclassic. The 1994 issue corresponds to the second series of the Bank of Mexico's Pre-Columbian program, dedicated exclusively to the Maya culture. The Pre-Columbian program began in 1992 with the Aztec series and continued with Veracruz (1993), Maya (1994), Olmec (1996), Teotihuacán (1997), and Toltec (1998). The pieces were struck at the Mexico City Mint and offered to collectors and investors in parallel silver and gold denominations with coordinated motifs. International catalog reference: KM#574 (Krause/World Coins).