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5 Pesos Quetzalcoatl - 1 oz Silver Bullion
| Issuer | Casa de Moneda de México |
|---|---|
| Year | 1998 |
| Type | Non-circulating coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | ESTADOS UNIDOS MEXICANOS 1 ONZA DE PLATA LEY 0.999 (Translation: United Mexican States 1 ounce of silver Fineness 0.999) |
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| Reverse script | Latin |
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| Additional information |
The Quetzalcoatl bullion series was introduced by the Casa de Moneda in the mid-1990s as a direct competitor to established silver rounds like the American Silver Eagle and Canadian Maple Leaf. Mexico had obvious grounds for entering that market — it has been the world's largest silver-producing nation for most of the past five centuries. The 1998 issue falls mid-series, after the initial launch enthusiasm but before the line was eventually discontinued in favor of the Libertad as the flagship bullion vehicle.
The 5 Peso face value is essentially nominal; it bore no relationship to silver spot or to the coin's actual purchasing power in 1998 pesos.