Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
1000 Pesos 50th Anniversary of Nationalization of Oil Industry
| Issuer | Casa de Moneda de México |
|---|---|
| Year | 1988 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Log in to see details |
| Technique | Log in to see details |
| Orientation | Coin alignment ↑↓ |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | The Mexican national arms occupy the central field, depicting the heraldic eagle perched on a prickly pear cactus growing from a rocky island, grasping a serpent in its beak and talons. The eagle is rendered in fine relief with detailed feathering, wings partially spread. A wreath of oak and laurel branches frames the base of the device. The circular legend ESTADOS UNIDOS MEXICANOS arcs along the upper periphery, with a beaded border encircling the entire obverse. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Log in to see details |
| Reverse lettering | Log in to see details |
| Edge | Log in to see details |
| Mint | Log in to see details |
| Mintage | 1988 Mo - Proof - 657 |
| Additional information |
Mexico's oil nationalization on March 18, 1938 was Lázaro Cárdenas's most consequential act as president — he expropriated the assets of seventeen foreign oil companies, mostly British and American, and created Pemex. The move forced the Mexican government to pay compensation in installments stretching into the 1940s while facing a coordinated consumer boycott of Mexican goods abroad. This 1988 commemorative marks the fiftieth anniversary of that expropriation.
The .900 gold specification ties directly to Mexico's long-standing coin gold standard rather than the .999 fine used for bullion issues of the same period. KM#535 was a limited commemorative strike, not a circulation piece.