Dioon argenteum sp. nov. (Zamiaceae) is described from northern Oaxaca, México. Flat leaves, and persistently tomentose, slightly imbricate leaflets with marginal prickles characterize this species. The specific epithet argenteum was chosen to describe the silver appearance of the persistent tomentum covering the new leaves. D. argenteum appears to have affinities with D. purpusii and D. califanoi. © 2003 The Linnean Society of London, Botanical Journal of the Linnean Society, 2003, 141, 471–476.