100 Pesos Nuevo Leon

Issued as part of México's long-running series commemorating the country's 31 states and the Federal District, this Nuevo León piece reflects the political calculus behind the program's sequencing — state releases were staggered across multiple years beginning in 2003, with the complete run finishing in 2009. The heavy silver centre made these coins immediately attractive to speculators and collectors at issue, meaning most were pulled from circulation almost instantly.

Banco de México produced both proof and circulation strikes. The latter are genuinely difficult to find with intact ring-to-core bonding, as the bimetallic join on the larger 100-peso format is prone to separation with even modest handling.