Difference between revisions of "Mexico 1988 5000 pesos"

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* [[Mexico 1988 5 pesos|1988 5 pesos, brass]]
 
* [[Mexico 1988 5 pesos|1988 5 pesos, brass]]
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* [[Mexico 1988 10 pesos|1988 10 pesos, Miguel Hidalgo]]
 
* [[Mexico 1988 20 pesos|1988 20 pesos, Guadalupe Victoria]]
 
* [[Mexico 1988 20 pesos|1988 20 pesos, Guadalupe Victoria]]
 
* [[Mexico 1988 50 pesos|1988 50 pesos, Benito Juarez]]
 
* [[Mexico 1988 50 pesos|1988 50 pesos, Benito Juarez]]

Revision as of 11:46, 30 December 2024

from the Mountain Groan Collection
Mexico 1988 5000 pesos rev DSLR.jpg

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. This five thousand pesos commemorating the nationalization of the oil industry is the only one of its denomination issued before the reform of 1992.

Recorded mintage: 50,000,000.

Specification: copper-nickel, 33.5 mm diameter.

Catalog reference: KM 531.

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.

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