angie1970
1 days ago
COINS
Untitled Item
Key Facts & Value
Key Fact
Description
This is a Mexican 500 Pesos coin minted in 1989. The obverse displays the national coat of arms, depicting an eagle perched on a cactus, devouring a snake. The reverse features a portrait of Francisco I. Madero, a prominent figure in Mexican history, along with the year of minting and the coin's denomination.
History
This coin pays tribute to Francisco I. Madero, a key leader of the Mexican Revolution. His presidency, though brief, marked a significant period of political and social change in Mexico. The Casa de Moneda de México, the national mint, has a long history of producing coins that reflect the country's heritage and notable figures.
Facts
The 500 Pesos denomination was part of a series of coins issued during a period of economic adjustment in Mexico. The bimetallic composition of this coin, with a different metal for the outer ring and the inner core, was common for higher denominations to deter counterfeiting and for aesthetic appeal. Coins featuring revolutionary heroes are often popular with collectors.
Value Fact
Coins from the 1980s and 1990s, especially those with popular motifs like Francisco I. Madero, can be found at reasonable prices. Demand is driven by collectors of Mexican numismatics and those interested in historical figures. Condition plays a vital role in value, with uncirculated examples commanding higher prices than circulated ones. Market prices typically range from a few dollars to under twenty dollars for higher grades.
In the galleries
Item Details
Official Details
Variation Details
angie1970 Details
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