Mexico 1973 centavo

from the Mountain Groan Collection

The centavos of 1950-69 (KM 417) were 2 g, 16 mm diameter. INflation, grinding away at the value of the peso, was threatening to make the coin worth more as scrap metal than as a medium of exchange. This design (KM 418) was reduced to 1.5 grams and struck in this form in 1970 and 1972-73. It did not help and the denomination was abandoned thereafter.

Recorded mintage: 1,000,000.

Specification: 1.5 g, brass, 13 mm diameter.

Catalog reference: KM 418.

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:

• 1972 centavo
• 1973 5 centavos, Josefa Ortiz de Domínguez
• 1973 20 centavos
• 1973 5 pesos
• Coins and currency dated 1973
• return to Mexican coinage of the modern era, since 1905