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Some Mexican Coins

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sn31's Avatar
United States
773 Posts
 Posted 05/04/2006  11:21 pm Show Profile   Bookmark this topic Add sn31 to your friends list Get a Link to this Message Number of Subscribers
I found some mexican coins along time ago,well mybe 10
years ago.I don't really know much about them,and I have
been unable to post any pictures.But one is a 1970
cinco centavos in beautiful condition.another is 1988
cincuentenario$5000,1989 juana de asbeje $1000,and
1992 N$5.can ya tell me anything about them?thank you,
sn31
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swamperbob's Avatar
United States
5362 Posts
 Posted 05/05/2006  12:09 am  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
The 1970 5 centavo is KM-427 an 18mm Brass coin. There was a mintage of just over 163 million copies and it has been demonetized - so it is no longer current. It is worth less than a dollar as an MS63.

The 1988 5000 Peso coin is the KM-531 which is a copper-nickel commemorative of the 50th Anniversary of the Nationalization of the Oil Industry. The mintage was 50 million. The coin has a book value between $4 and $12.

The 1989 1000 peso coin is the KM-536. It is an Aluminum-bronze coin with a mintage exceeding 200 million. Book values run from under a dollar in VF to about $5 in high MS grades.

The 1992 5 Peso was made after the monetary reform. It is the first issue of the bi-metalic ring coins now in use in Mexico. It is a KM-552 and has a stainless steel ring with an aluminum bronze center. This type was issued for 4 years only. It is almost identical to the KM-605 issued after 1996 - the only difference is the N before the denomination on your coin which indicates New Pesos. That coin is still current so in Mexico it has a face value. But they still turn up junk coin boxes here in NC for 50 cents or less in VF to EF condition.
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sn31's Avatar
United States
773 Posts
 Posted 05/05/2006  10:51 pm  Show Profile   Bookmark this reply Add sn31 to your friends list Get a Link to this Reply
Thank you Swamperbob.sn31.
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