Catalog
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| Issuer | Casa de Moneda de México |
|---|---|
| Year | 1990 |
| Type | Coin pattern |
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| Composition | Log in to see details |
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| Obverse description | The Mexican national arms displayed in high relief at center, depicting an eagle passant sinister perched on a prickly pear cactus rising from a rock in a lake, grasping a serpent in its beak and right talon. The device is encircled by a wreath of oak and laurel branches tied at the base. The circular legend ESTADOS UNIDOS MEXICANOS arcs along the upper periphery. |
|---|---|
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| Mintage | 1990 Mo - Proof |
| Additional information |
In 1990, Mexico's monetary system was under sustained pressure from the long tail of the 1980s debt crisis and peso devaluations that had collectively stripped the currency of roughly 99% of its purchasing power over the prior decade. The Casa de Moneda explored high-denomination pattern coinage as part of contingency planning before the eventual redenomination that would, in 1993, replace 1,000 old pesos with a single Nuevo Peso.
This brass pattern never advanced to circulation. The redenomination strategy rendered the entire high-denomination series obsolete before production could be justified.