5000 Pesos (Nationalization of Oil Industry) 1988 front 5000 Pesos (Nationalization of Oil Industry) 1988 back
5000 Pesos (Nationalization of Oil Industry) 1988 photo
© Numismatica Quetzalcoatl (Gabriel Herrera) (CC BY)

5000 Pesos Nationalization of Oil Industry

1988 year
Copper-nickel 17.4 g 33.5 mm
Description
Issuer
Mexico
Period
United Mexican States/Mexican Republic (1823-date)
Type
Circulating commemorative coin
Year
1988
Value
5000 Pesos (5000&nbspMXP)
Currency
Peso (1863-1992)
Composition
Copper-nickel
Weight
17.4 g
Diameter
33.5 mm
Thickness
2.6 mm
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
15 November 1995
Updated
2024-10-06
References
Numista
N#3846
Rarity index
9%

Reverse

Lettering around, with value at left, year at right, and years and mint mark at the bottom. As the main motive the monument at Mexico City which commemorates this event.

Script: Latin

Lettering:
S$5000
CINCUENTENARIO
1988
1938-1988
Mo
EXPROPIACION PETROLERA

Edge

Reeded

Interesting fact

The 5000 Pesos coin commemorating the Nationalization of the Oil Industry in Mexico in 1988 has an interesting design feature. On the obverse side of the coin, there is an image of a oil rig, symbolizing the country's rich oil reserves and the importance of the oil industry to the nation's economy. However, the reverse side of the coin features an image of a traditional Mexican woman, known as an "indígena," weaving a basket. This design element was included to represent the country's indigenous heritage and to highlight the importance of preserving traditional crafts and culture. This combination of modern industry and traditional culture makes for a unique and interesting design on the coin.

Price

Date Mintage VG F VF XF AU UNC
1988 Mo 50000000 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 5000 Pesos (Nationalization of Oil Industry) 1988 coin.