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Mexico 5 Nuevo Pesos  1992 to 1995
Mexico 5 Nuevo Pesos 1992 to 1995

The reason these coins are annotated '5 nuevo pesos' (5 new pesos, or N$5) is because Mexico had a massive devaluation of its currency in 1992. With inflation rampant, one thousand pesos were replaced by a single new peso.

Modern coins are worth face value. The currency exchange web site xe.com says 1 new pesos is worth about 7 US cents, so 5 new pesos are worth about 35 cents.

Collectors will pay a few dollars to add this coin to their collections.

Coin: 18731 , Genre: Colonizers and Colonies
Requested by: Peggy, Mon, 26-Jan-2015 15:45:20 GMT
Answered by: Van, Tue, 27-Jan-2015 08:06:56 GMT
Requester description: 1994 This coin has a copper center and a rim of silver. On one side, n$5 appears in the copper center, as do a small scroll and the letters 'om.'
On the other side,there is a picture of a dragon-like eagle with a snake coming out of its mouth and the words 'Estados Unitos Mexicanos' written around it...Both sides have what looks to me like hieroglyphics around the silver edge. N$5 1994 and a tiny 'om' on one side. Estados Unitos Mexicanos on the other.
Tags: mexico 5 nuevo pesos peso meican mex mexicana mexicanos mecican mexio nexicana mexicano mexican preso om one estados unitos unidos ones estado estrados copper center offcenter silver scroll letters letter dragon eagle snake mouth hieroglyphics coppers bronze coppery brass cupro off centers centered siliver sliver argent silber silverish slver silb scrollwork scrolwork scolled scrolls escutcheon scrolled leters lettering lettered dragons eaglets egals eable egal eagles eag ealge eagel hawk falcon serpent cactus asps snakes asp

  

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Sun, 04-Dec-2016 08:16:23 GMT, unknown: 10893588