Mexico 1998 10 pesos KM-616

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from the Mountain Groan Collection
Mexico 1998 10 pesos rev DSLR.jpg

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 (KM 553) 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 (KM 616) and the other two denominations abandoned. This type was struck 1997-99 and 2002-17 and features the fire mask of Tonatiuh, the Aztec god of the sun.

Recorded mintage: 203,735,000.

Specification: 10.33 g, aluminum-bronze outer ring with copper-nickel center, 28 mm diameter, grooved edge.

Catalog reference: KM 616.

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

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