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.
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Coin: 18731, Genre: Colonizers and Colonies, Timeline: Modern
Created (yyyymm): 201500, Last review: 201500
Appearance: Normal round coin Metallic brown Metallic gray Letters: Latin
Years: sort: 1992, filter: 1992 to 1995
Image: mexico_5_pesos_1994.jpg
Tags: mexican scrolwork scripts letter estrados cupro bronzes monograms mexicano 5th sliver outteredge mexicanos eagles mouthed mexio copper bronze eaglets rim centered estas lettering filigree initials snakes brass coppery falcon edging nuevo certer scroll edged siver egals mouth edges feinsilber silver centers scrollwork mexicana centre serpent estado nueva caligraphy inscription preso silber mex unitos scrolls silverish cactus monogram off scolled hawk asp dragons coppers offcenter hieroglyphics undos mexico initals letters argent one peso eagel scrolled ones snake scrip inscriptions dragon estados eagle unidos lettered egal center silb edge pesos offset script asps calligraphy silba initial
