Banca PROMEX Medal (1990)

This medal is related to Banca Promex, a Mexican financial institution that operated as part of the country's banking system in the last decades of the 20th century, with a presence mainly in western Mexico.

Issues like this accompanied anniversaries, openings, or institutional campaigns, and served to reinforce the bank's image of solidity before clients and authorities in an increasingly competitive market.

Struck in silver in 1990 and of good module, it belongs to the commercial medals with which Mexican banking left a record of its milestones, handed out among executives and distinguished clients as a commemorative object.

What it shows

The reverse bears a large "50" with the legend "ANIVERSARIO" curved to one side, and the dates "1940" and "1990" separated by a line. Below appears the "banca promex" logo with its characteristic arrow and a laurel branch. The obverse shows the facade of a classical-style bank branch, two rhombuses with monograms on the sides, a circular seal with a headdress in the center, and, at the foot, again the "banca promex" logo above the legend "SOCIEDAD NACIONAL DE CREDITO."

Context

It is a commemorative medal from 1990 for the 50 years of Banca Promex, a Mexican bank that operated as a national credit society. The dates 1940 and 1990 mark the half-century the piece celebrates. It is not legal tender, but an institutional issue meant to commemorate and to be given within the bank.

Value and collecting

Being a medal and not a coin, its price does not depend on a face value but on the metal and the condition. The subtitling places it in silver, so the metal content sets a floor and the state of the piece does the rest: mirror fields and clean relief raise the quote. If you want to know how much it trades for, or you are looking to buy and sell, check the stores directory and share photos in the forum for a second opinion.