First Mexican Empire of independence and a constitution with the preservation of Catholic monarchy, brought together all Mexican factions. Under the 24 February 1821 Plan of Iguala, to which most of the provinces subscribed, the Mexican Congress established a regency council which was headed by Iturbide. After signing the Declaration of Independence of the Mexican Empire of 28 September 1821, the Mexican Congress intended to establish a commonwealth whereby the King of Spain, Ferdinand VII, would also be emperor of Mexico, and both countries would be governed by separate laws and form separate legislative bodies. If the king refused the position, the law
Mexican real ¼, ½, 1, 2, 4 and 8 reales, with gold coins for ½, 1, 2, 4 and 8 escudos. Between 1814 and 1821, copper coins were also issued for ⅛, ¼ and tlaco. During the Mexican War of Independence (1810-1821), numerous mints operated, providing coins for both the supporters and opponents of the Spanish crown. The Royalist issued coins at mints in Chihuahua, Durango, Guadalajara, Guanajuato, Nueva Viscaya, Oaxaca, Real del Catorce, San Fernando de Bexar, San Luis Potosí, Sombrerete, Valladolid Michoacán and Zacatecas. Most Royalist issues were similar in style to the earlier colonial issues from the Mexico City