Banco Nacional de Obras y Servicios Públicos S Medal

This medal is connected to the Banco Nacional de Obras y Servicios Públicos (Banobras), the development-banking institution created to finance infrastructure and public works in Mexico. Founded in 1933, Banobras has been a key player in building highways, dams, hospitals, and urban services across the country.

Financial institutions often commission commemorative medals to mark anniversaries, recognize their staff, or honor collaborators. A piece tied to Banobras belongs to that institutional tradition.

Cataloged by Grove among the commercial and institutional issues and struck in gold, a metal reserved for high-ranking distinctions, it has no recorded year. Its value lies in the link to one of the institutions that have weighed most heavily on the development of the nation's infrastructure, together with the value of the metal in which it was worked.

The "Banco Nacional de Obras y Servicios Públicos S" medal is part of the Mexican numismatic heritage. It is made of gold, measures 40.1 mm in diameter and 39.56 grams.

As a gold medal, its value has a floor: the precious-metal content (39.56 grams). Above that, what drives it up is condition, how short the issue was and interest in the theme it commemorates (Banco Nacional de Obras y Servicios Públicos S). A piece without wear and with its original case is worth considerably more than one that has been tampered with.

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 Nacional de Obras y Servicios Públicos S," which defines its historical interest.
3. Check the condition. No scratches or aggressive cleaning, with natural patina.
4. Look for the case and the certificate if it had them: they add collector value.

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