Mexico 1991 1000 pesos

from the Mountain Groan Collection

By the early 1980's, the Mexican economy was running into trouble. Political mismanagement, corruption, an antiquated tax structure and an exploding population were feeding serious 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 thousand pesos was introduced in 1988 and a portrait of Sor Juana de Asbaje adopted. This type was issued without change until 1992, the year of the reform. Juana de Asbaje was a poet and mystic of the eighteenth century who entered a convent to avoid a forced marriage. The circulation coinage of the 1980's is also notable for being the first coinage to feature the denomination in Braille, altho the effect is only symbolic as the dots are too small to be useful.

Recorded mintage: 42,468,000.

Specification: 15 g, aluminum bronze, 30.5 mm diameter.

Catalog reference: KM 536.

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:

• 1989 1000 pesos, Juana de Asbaje
• 1991 100 pesos, Ibero-American
• 1991 pattern 1000 pesos, Atlan
• 1991 2000 pesos, bimetallic pattern
• 1991 onza
• 1992 1,000 pesos, Jaguar sculpture, 1 oz gold
• Coins and currency dated 1991
• return to Mexican coinage of the modern era, since 1905