Mexico 1988 100 pesos

from the Mountain Groan Collection

By the early 1980's, the Mexican economy was running into trouble. Political mismanagement, corruption, an antiquated tax structure and an exploding population were feeding serious inflation. Coin types, once stable in the early part of the century, began turning over more rapidly as inflation ate away their purchasing power. While this gave employment to coin designers and engravers, it limited their scope of action as progressively cheaper alloys were adopted. The hundred pesos was introduced in 1977 as a 39 mm diameter silver coin, then reduced to 26.5 mm in 1984 and a portrait of Venustiano Carranza adopted. This non-circulating commemorative features Lazaro Cardenas, president of Mexico in the thirties who won Mexico's admiration by expropriating the gringo-owned oilfields.

Recorded mintage: 10,000.

Specification: 31.1 g, .999 silver, 1.00 troy oz ASW.

Catalog reference: KM 533.

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.

Link to:

• 1980 peso
• 1983 Libertad
• 1987 100 pesos, Monarch butterfly
• 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 500 pesos, Madero, regular issue
• 1988 500 pesos, Madero, bimetallic
• 1988 500 pesos, ½ oz gold, 50th anniversary of the nationalization of the oil industry
• 1988 1,000 pesos, Sor Juana de Asbaje
• 1988 1,000 pesos, 1 oz gold, 50th anniversary of the nationalization of oil industry
• 1988 5000 pesos, 50th anniversary of the nationalization of the oil industry
• 1988 Libertad
• 1991 100 pesos, UNICEF
• 1991 100 pesos, Ibero-American
• Coins and currency dated 1988
• return to Mexican coinage of the modern era, since 1905