Mexico 1968 25 pesos
By the early 1970's, the Mexican economy was running into trouble. Political mismanagement, corruption, an antiquated tax structure were feeding 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 twenty-five pesos, honoring the Olympic games of Mexico City, comes in three varieties. The first and most common, shown here, as the Olympic rings aligned; the second and third varieties have the central ring lowered and vary in the configuration of the snake's tongue. Today, little price difference exists between the various types despite strenuous promotion on the part of dealers.
Recorded mintage: 27,182,000.
Specification: 22.5 g, .720 fine silver, .5209 troy oz ASW.
Catalog reference: KM 479.
- 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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