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10 Nuevos Pesos

Issuer Casa de Moneda de México
Year 1992-1995
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Currency New Peso (1992-date)
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Obverse script Latin
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Reverse description The central silver disc bears a detailed rendering of the Aztec Sun Stone (Piedra del Sol), featuring the solar deity Tonatiuh with a fire mask at the centre, surrounded by the traditional calendrical and cosmological glyphs of the stone in high relief. The outer aluminium bronze ring carries the denomination N$10 at upper left, the mint year at centre left, the Mexican Mint mark Mo at right, and the full spelled-out value DIEZ NUEVOS PESOS along the lower arc, all in raised Latin lettering. The junction between the two metallic zones forms a smooth, slightly irregular boundary.
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Additional information

The 1992 bimetallic series marked Mexico's formal response to chronic peso devaluation — the government lopped three zeros off the old peso that year, creating the "nuevo peso" as part of a broader stabilization effort under Salinas de Gortari. The silver center was a deliberate signal of monetary seriousness, though the currency reform ultimately did little to prevent the catastrophic December 1994 devaluation that wiped out roughly half the nuevo peso's value within weeks.

The "nuevo" designation was quietly dropped after 1996, when the coins reverted simply to "pesos" — a small admission that the rebranding had outlived its political usefulness.

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