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1000 Pesos Mexico '86 - 1 oz Gold Bullion
| Issuer | Casa de Moneda de México |
|---|---|
| Year | 1986 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | 32 mm |
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|---|---|
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| Obverse lettering | ESTADOS UNIDOS MEXICANOS (Translation: United Mexican States) |
| Reverse description | The central design features a soccer ball superimposed over a depiction of the two Western and Eastern hemispheres of the globe, commemorating the 1986 FIFA World Cup hosted in Mexico. The denomination, fineness, mint mark, and commemorative inscriptions are arranged in a circular legend surrounding the central motif. At the base appear the mint mark (Mo), the event title MEXICO86, the year 1986, and the purity designation 1 ONZA ORO PURO, while the face value $1000 and fineness LEY 999 appear at the top, flanked by star stops. |
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| Additional information |
The 1986 Mexican 1000 Peso gold issue was struck during one of the worst economic crises in modern Mexican history. The peso had collapsed following the 1982 debt default, and by 1986 oil prices — the backbone of government revenue — had crashed again, cutting export earnings nearly in half. Bullion coinage of this kind was effectively aimed at foreign buyers and domestic wealth preservation, not everyday commerce.
KM#527 is part of a short-lived denomination series that was quickly rendered obsolete when Mexico redenominated in 1993, dropping three zeros to create the Nuevo Peso.