Mexico 1988 1000 pesos Fr-189
This specimen was lot 21321 in Heritage sale 61630 (Dallas, February 2024), where it sold for $4,200. The lot description[1] noted, "Mexico: Estados Unidos gold 'Oil Industry Anniversary' 1000 Pesos 1988-Mo MS65 NGC, Mexico City mint." The mint issued several commemoratives for the fiftieth anniversary of the nationalization of the oil industry but the 5,000 pesos was the only one that circulated, being made from copper-nickel. Standard Oil screamed when President Cardenas seized its properties in 1938 and threatened to send in the U.S. Marines. When President Roosevelt refused to go along with Standard Oil's protests, Mexican sovereignty was finally affirmed.
Recorded mintage: 657.
Specification: 34.55 g, 0.900 fine gold, 1.000 troy oz AGW.
Catalog reference: KM 535, Fr-189.
- 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.
- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Cristiano Bierrenbach, Warren Tucker and Sam Spiegel, 2024 February 4 Spotlight: Mexico World Coins Showcase Auction #61360, Dallas, TX: Heritage Auction Galleries, 2024.
Link to:
- 1988 5 pesos, brass
- 1988 10 pesos, Miguel Hidalgo
- 1988 20 pesos, Guadalupe Victoria
- 1988 50 pesos, Benito Juarez
- 1988 50 pesos, ½ oz silver, 50th anniversary of the nationalization of the oil industry
- 1988 100 pesos, Carranza
- 1988 100 pesos, 1 oz silver, 50th anniversary of the nationalization of the oil industry
- 1988 500 pesos, Madero
- 1988 500 pesos, bimetallic pattern
- 1988 500 pesos, ½ oz gold, 50th anniversary of the nationalization of the oil industry
- 1988 1,000 pesos, Sor Juana de Asbaje
- 1988 5000 pesos, copper-nickel, 50th anniversary of the nationalization of oil industry
- 1988 Libertad
- 1991 pattern 1000 pesos, "Atlan"
- Coins and currency dated 1988
- return to Mexican coinage of the modern era, since 1905