Difference between revisions of "Mexico 1963 peso"
(This page contains material from http://www.coinfactswiki.com/wiki/Mexico_1963_peso) |
m (Text replacement - "The succeeding type (KM 460) contained no silver at all. The portrait is of Miguel Hidalgo, hero of the War of Independence (1810-21)." to "The succeeding type (KM 460) contained no silver at all. The portrait is of José Maria Morelos, hero of the War of Independence (1810-21).") |
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[[Image:Mexico 1963 peso rev 600.jpg|300px|thumb]] | [[Image:Mexico 1963 peso rev 600.jpg|300px|thumb]] | ||
| − | By the late 1950's, the [[Mexico|Mexican]] peso had begun its inexorable slide. 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 peso, originally a large silver coin ([[Mexico 1914 peso|KM 453]]), progressively shrank (see the [[Mexico 1943-M peso|1943 peso]]) until this design appeared 1957-67, containing 1/15th of the silver in the 1914 issue. The succeeding type ([[Mexico 1980 peso|KM 460]]) contained no silver at all. The portrait is of | + | By the late 1950's, the [[Mexico|Mexican]] peso had begun its inexorable slide. 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 peso, originally a large silver coin ([[Mexico 1914 peso|KM 453]]), progressively shrank (see the [[Mexico 1943-M peso|1943 peso]]) until this design appeared 1957-67, containing 1/15th of the silver in the 1914 issue. The succeeding type ([[Mexico 1980 peso|KM 460]]) contained no silver at all. The portrait is of José Maria Morelos, hero of the War of Independence (1810-21). |
''Recorded mintage:'' 26,394,000. | ''Recorded mintage:'' 26,394,000. | ||
Revision as of 16:25, 11 August 2022
By the late 1950's, the Mexican peso had begun its inexorable slide. 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 peso, originally a large silver coin (KM 453), progressively shrank (see the 1943 peso) until this design appeared 1957-67, containing 1/15th of the silver in the 1914 issue. The succeeding type (KM 460) contained no silver at all. The portrait is of José Maria Morelos, hero of the War of Independence (1810-21).
Recorded mintage: 26,394,000.
Specification: 16 g, .100 fine silver, .051 troy oz ASW, 34.5 mm diameter, edge lettered INDEPENDENCIA Y LIBERTAD.
Catalog reference: KM 459.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
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