Banco de Mexico Medal (1992)

This medal comes from the Bank of Mexico, the country's central bank, inaugurated in 1925 to bring order to the monetary circulation after decades of chaos. Throughout its history, Banxico has issued commemorative pieces tied to its anniversaries, its cultural holdings, and institutional milestones.

The date of 1992 places this issue in a year loaded with symbolism because of the fifth centenary of the encounter between Europe and America.

Struck in silver and of good module, the piece belongs to the central bank's institutional medals, of the kind meant for collectors and official gifts, more as a prestige object than as a circulating coin.

The Banco de México medal of 1992 belongs to the central bank's own Numismatic Collection and commemorates the 40th anniversary of its Veracruz branch.

What it shows

The reverse bears the Banco de México monogram and the legend "40º ANIVERSARIO" over a modern building, with the date "11 DE NOVIEMBRE DE 1992" and the mark "LEY 0.925," which confirms .925 fineness silver. The obverse presents a building with classical columns, two seated figures flanking the sign "BANCO DE MÉXICO," the legend "BANCO DE MÉXICO SUC. VERACRUZ," and the founding date "11 DE NOVIEMBRE DE 1952," plus a mint mark.

Context

The medals of the Banco de México Numismatic Collection are commemorative silver pieces, apart from the circulating coinage. This strike joins two dates: the opening of the Veracruz branch in 1952 and its fortieth anniversary in 1992. It is not legal-tender currency, but a collector's object.

Value and collecting

Having no face value, its price depends on the .925 fineness silver content and, above all, on the state of preservation: mirror fields and crisp relief rule. If you want to appraise it or find a buyer, check the shops directory and compare references in the forum.