Difference between revisions of "Mexico 1973 5 pesos"
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[[Image:Mexico 1973 5 pesos rev DSLR.jpg|300px|thumb]] | [[Image:Mexico 1973 5 pesos rev DSLR.jpg|300px|thumb]] | ||
| − | By the early 1970's, the Mexican economy was running into trouble. Political mismanagement, corruption, an antiquated tax structure were feeding 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 five pesos, originally a gold coin ([[Mexico 1905-M 5 pesos|KM 464]]), then a silver coin ([[Mexico 1954 5 pesos|KM 467]]), was revived in 1971-78 as a copper-nickel coin featuring the bust of Vicente Guerrero. Vicente Guerrero, a hero of the War of Independence (1810-21), signed the Treaty of the Three Guarantees which ended the war and | + | By the early 1970's, the Mexican economy was running into trouble. Political mismanagement, corruption, an antiquated tax structure were feeding 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 five pesos, originally a gold coin ([[Mexico 1905-M 5 pesos|KM 464]]), then a silver coin ([[Mexico 1954 5 pesos|KM 467]]), was revived in 1971-78 as a copper-nickel coin featuring the bust of Vicente Guerrero. Vicente Guerrero, a hero of the War of Independence (1810-21), signed the Treaty of the Three Guarantees which ended the war and allowed Iturbide to become emperor of the new nation. After Iturbide's ouster, Guerrero became president of the Republic in the 1820's. Cynics declare it unlikely that he ever wore a uniform as handsome as that shown here. |
''Recorded mintage:'' 19,405,000 (lowest mintage date). | ''Recorded mintage:'' 19,405,000 (lowest mintage date). | ||
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''[[Bibliography|Source:]]'' | ''[[Bibliography|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 [[Mexico|Mexican]] Money, Volume 1, An Illustrated History of Mexican Coins and Currency,'' Atlanta: Whitman Publishing, 2014. | * Bailey, Don and Lois, ''Whitman Encyclopedia of [[Mexico|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 [[Mexico|Mexican]] Coins, 1822 to date, 6th ed.,'' Iola, WI: Krause Publications, 1992. | * Buttrey, T. V., and Clyde Hubbard, ''A Guide Book of [[Mexico|Mexican]] Coins, 1822 to date, 6th ed.,'' Iola, WI: Krause Publications, 1992. | ||
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* [[Mexico 1972 25 pesos|1972 25 pesos, Juarez]] | * [[Mexico 1972 25 pesos|1972 25 pesos, Juarez]] | ||
* [[Mexico 1973 centavo|1973 centavo]] | * [[Mexico 1973 centavo|1973 centavo]] | ||
| + | * [[Mexico 1973 5 centavos|1973 5 centavos, Josefa Ortiz de Domínguez]] | ||
| + | * [[Mexico 1973-Mo 20 centavos|1973 20 centavos]] | ||
| + | * [[Mexico 1974 5 pesos|1974 5 pesos]] | ||
| + | * [[Mexico 1974 10 pesos|1974 10 pesos]] | ||
* [[Mexico 1975 10 centavos|1975 10 centavos]] | * [[Mexico 1975 10 centavos|1975 10 centavos]] | ||
* [[Mexico 1980 peso|1980 peso]] | * [[Mexico 1980 peso|1980 peso]] | ||
Latest revision as of 16:52, 21 November 2024
By the early 1970's, the Mexican economy was running into trouble. Political mismanagement, corruption, an antiquated tax structure were feeding 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 five pesos, originally a gold coin (KM 464), then a silver coin (KM 467), was revived in 1971-78 as a copper-nickel coin featuring the bust of Vicente Guerrero. Vicente Guerrero, a hero of the War of Independence (1810-21), signed the Treaty of the Three Guarantees which ended the war and allowed Iturbide to become emperor of the new nation. After Iturbide's ouster, Guerrero became president of the Republic in the 1820's. Cynics declare it unlikely that he ever wore a uniform as handsome as that shown here.
Recorded mintage: 19,405,000 (lowest mintage date).
Specification: copper nickel, 33 mm diameter, edge lettered INDEPENDENCIA Y LIBERTAD.
Catalog reference: KM 472.
- 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.
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