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500 Pesos
| Issuer | Mexican Mint (Casa de Moneda de México) |
|---|---|
| Year | 1986-1992 |
| 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 | Round |
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| Orientation | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | ESTADOS UNIDOS MEXICANOS (Translation: United Mexican States) |
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| Reverse lettering | Log in to see details |
| Edge | Reeded |
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| Mintage | Log in to see details |
| Additional information |
This denomination emerged directly from Mexico's catastrophic debt crisis of 1982, when the government nationalized the banks and the peso entered a decade-long freefall. By the time this coin was being struck in the late 1980s, inflation had eroded purchasing power so severely that 500 pesos represented a fraction of what single-peso coins had bought a generation earlier. The series was ultimately rendered obsolete by the 1993 redenomination, which lopped three zeros off the currency and converted this 500-peso piece into half a "nuevo peso".