Mexico 1995 20 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 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 .925 fine silver center, .250 troy oz ASW, 31.9 mm diameter, segmented reeded edge.

Catalog reference: KM 561.

Source:

• 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.

Link to:

• 1994 5 centavos
• 1994 50 pesos, Niños heroes
• 1995 peso
• 1995 10 pesos
• 1995 50 pesos, Niños heroes
• 1995 onza
• 1999 20 pesos, UNICEF/year of the child
• 2000 20 pesos, Xiuhtecuhtli
• 2000 20 pesos, Octavio Paz
• Coins and currency dated 1995
• return to Mexican coinage of the reform, 1994 to date