Banco del Noroeste Medal. 40th Anniversary (1979)

This gold medal, from the commercial chapter, commemorates the 40th anniversary of Banco del Noroeste in 1979, a regional banking institution of the country's northwest.

Regional banking played an important role in the economic development of the various zones of Mexico, financing local agriculture, commerce and industry. A bank with four decades of history, founded around 1939, reflected the solidity of the regional financial system before the great banking transformations of the eighties.

Struck in gold, the piece left a record of this institution's anniversary. Bank anniversary medals document the country's financial history at the regional level. The minting of these commemorative issues was entrusted to medallic workshops or to the Mexican Mint, attending to the orders of the sector's institutions.

The "Banco del Noroeste. 40 Aniversario" medal was struck in 1979. It is made of gold, measures 40 mm in diameter and weighs 43.69 grams.

Being a gold medal, its value has a floor: the precious metal content (43.69 grams). Above that, what raises it is condition, the short run of the issue, and interest in the theme it commemorates (Banco del Noroeste. 40 Aniversario). A piece with no wear and its original case is worth considerably more than one that has been handled.

How to identify and value this medal

1. Confirm the metal. It is gold; weigh it to estimate its fine metal content.
2. Read the legend and the motif. It commemorates "Banco del Noroeste. 40 Aniversario," which defines its historical interest.
3. Check the condition. Free of scratches or harsh cleaning, with a natural patina.
4. Look for the case and certificate if it came with them: they add collector value.

Explore more pieces in the Mexican numismatics catalog and learn to read the marks in the how to identify Mexican mints guide.