Mexico 1981 peso

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closed 8, from the Mountain Groan Collection
Mexico 1981 peso rev DSLR.jpg
open 8, from the Mountain Groan Collection
Mexico 1981a peso rev DSLR.jpg

The stress of inflation in the 1980's as Mexico squandered her oil bonanza caused many coin types to come and go. This type was introduced in 1970 and lasted until 1983, when it was superseded by a stainless steel type (KM 496) which lasted until 1987. Open and closed "8" varieties exist for the year. Morelos, hero of the war of independence, appears on the obverse.

Recorded mintage: 413,349,000 "closed 8" plus 58,616,000 "open 8".

Specification: 9 g, copper-nickel, 29 mm diameter, reeded edge.

Catalog reference: KM 460.

Source:

  • Amaya Guerra, Carlos Abel, Epitome Ilustrado de la Moneda Mexican Moderna, 1905 a 2015, Monterrey, Mexico, 2015.
  • Bailey, Don and Lois, Whitman Encyclopedia of Mexican Money, Volume 1, An Illustrated History of Mexican Coins and Currency, Atlanta: Whitman Publishing, 2014.
  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

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