Mexico 1995 20 pesos
In 1993, as part of the coinage reform, the Mexican government attempted once again to circulate silver coins. Ten, twenty and fifty pesos were issued. To discourage hoarding and melting, the mint made them bimetallic; sterling silver centers with aluminum bronze outer rings. The ten pesos had one-sixth ounce of silver, the twenty pesos had a quarter ounce and the fifty pesos had a half ounce. These were minted 1993-95 and instantaneously and completely hoarded. In 1996, the ten pesos was converted to a copper-nickel-zinc center and the other two denominations abandoned. The twenty pesos shown here, honored Miguel Hidalgo, hero of the War of Independence. The module was revived in 2000 for a circulating commemorative honoring Octavio Paz (KM 638), but the center was changed to copper-nickel.
Recorded mintage: 5,000,000.
Specification: 16.92 g, aluminum-bronze outer ring with 0.925 fine silver center, .250 troy oz ASW, 31.9 mm diameter, segmented reeded edge.
Catalog reference: KM 561.
- 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.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
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