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500 Pesos Pattern, Madero, Steel
| Issuer | Casa de Moneda de México |
|---|---|
| Year | 1989 |
| Type | Coin pattern |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | 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 | Log in to see details |
| Reverse description | Log in to see details |
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| Reverse lettering | 1989 Madero Mo $500 |
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| Mint | (Mº) Mexican Mint (Casa de Moneda de México), Mexico, Mexico (1535-date) |
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| Additional information |
Pattern issues from the Casa de Moneda de México in this period were produced as internal proposals for circulating coinage, rarely if ever leaving official channels. This steel 500 Pesos piece bearing Madero's portrait was struck at a moment when Mexico's currency was under severe inflationary pressure — the 500 Peso denomination, worth a fraction of a cent in purchasing power by 1989, was itself eliminated entirely in the 1993 redenomination that introduced the Nuevo Peso at 1,000-to-1. The choice of steel reflects cost-reduction testing as the mint evaluated cheaper base metals ahead of that monetary overhaul.