patlacie

11 months ago

COINS

2006 One Peso Coin - Philippine Currency

Key Facts & Value

Key Fact

Historical significanceThe 1 Peso coin represents a pivotal aspect of Mexico's currency system post-1993, marking the transition to a more stable economy after the crisis of the late 1980s.

Cultural symbolismThe reverse design features the national emblem, which is a significant symbol of Mexican heritage, showcasing an eagle perched on a cactus devouring a snake.

Design evolutionThis coin's design reflects modern Mexican numismatic art, illustrating the pride in national identity and the evolution of its currency.

Value Fact

The value of the 1 Peso coin is primarily determined by its condition, rarity, and demand among collectors. While it is commonly circulated, certain years or mint marks can fetch higher prices. Coins in uncirculated or proof condition generally command a premium, especially when well-preserved. Collectors often seek coins with historical significance or unique design features, which can drive demand in the numismatic market. Additionally, market trends and the overall economic climate can influence the desirability and value of such coins.

Factors such as rarity, demand, and condition greatly enhance the value of collectible coins, making even a common coin potentially valuable in the right market.

Item Details

Official Details

CategoryCoins

Brand-

Character-

Length-

Width-

Weight7

Person-

Coins TypeCoin

Denomination1 Peso

CurrencyMXN

Obverse DescriptionLarge 1 with year

Obverse Creator-

Reverse DescriptionNational emblem

Reverse Creator-

Mint or Printing Press-

Diameter25

Thickness-

Production TypeCirculation

Edge TypeSmooth

Mintage-

Coins Topic/Theme-

Country / EmpireMexico

Start Year2006

End Year-

Coin Product Name1 Peso

Mint Mark-

Obverse Objects1

Reverse ObjectsEagle, Snake

ShapeRound

MaterialNickel, Copper

Design Variation-

Design Variation Details-

Year Displayed2006

Variation Details

Grading Company-

Grade-

Coins Error-

AlignmentMedal

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Certification Number-

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