Mexico 1995 50 pesos

from the Mountain Groan Collection

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 fifty pesos, shown here, honored the Niños heroes, a group of army cadets who died in 1847 defending Chapultepec castle from invading Americans. The module was revived in 2003 for the series of hundred pesos commemoratives honoring the Mexican states.

Recorded mintage: 1,500,000.

Specification: 34.11 g, brass outer ring with 0.925 fine silver center, .500 troy oz ASW, 38.9 mm diameter, segmented reeded edge.

Catalog reference: KM 571.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

Link to:

• 1994 50 pesos, Niños heroes
• 1995 peso
• 1995 10 pesos
• 1995 20 pesos, Hidalgo
• 1995 onza
• 2003 100 pesos, Tlaxcala
• Coins and currency dated 1995
• return to Mexican coinage of the reform, 1994 to date