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5 Pesos Jaguar - 1 oz Silver Bullion

Issuer Banco de México
Year 1998
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Technique Milled
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Obverse description The obverse features the Mexican national coat of arms in high relief at center, depicting a Mexican golden eagle perched upon a prickly pear cactus growing from a rocky outcropping, devouring a serpent in its beak and talons, all within a wreath of oak and laurel branches tied with a ribbon at the base. The legend ESTADOS UNIDOS MEXICANOS arcs along the upper periphery within a raised inner border. The outer border is decorated with a repeating stepped fret motif of pre-Columbian inspiration. Below the central emblem, the inscriptions 1 ONZA DE PLATA and LEY 0.999 appear in two lines, attesting to the coin's silver content and fineness.
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Edge Reeded
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Additional information

The Jaguar is part of Mexico's long-running Libertad-adjacent bullion program, but it occupies a separate lineage — issued under the "Onza de Plata" wildlife series that Banco de México launched to compete in the international silver bullion market during the 1980s and 1990s. The 1998 date falls near the end of that series' active production run, and mintages for these wildlife issues were never large; distribution was concentrated through institutional channels rather than retail, leaving them underrepresented in collector inventories relative to their actual scarcity.

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