Banco Nacional de Obras y Servicios Públicos S Medal (1973)

This gold medal, from the commercial chapter, commemorates the Banco Nacional de Obras y Servicios Públicos, Banobras, in its 1973 issue. It is a development banking institution created by the Mexican State in 1933.

Banobras has been a driver of public works and infrastructure financing in the country, channeling resources to states and municipalities for drinking water, transport, road and urban equipment projects. Its work has been key to the modernization of the national territory.

Struck in gold, the piece left a record of the strength of this financial institution of the State. Development bank medals document the financial architecture that sustained the growth of contemporary Mexico. The striking of these issues was carried out at the Mexican Mint or in medal workshops specialized in institutional commissions.

The "Banco Nacional de Obras y Servicios Públicos S" medal was struck in 1973. It is made of gold, measures 39.62 mm in diameter, and weighs 28.72 grams.

Being a gold medal, its value has a floor: the precious-metal content (28.72 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 with no wear and its original case is worth considerably more than a handled one.

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 motif. It commemorates "Banco Nacional de Obras y Servicios Públicos S," which defines its historical interest.
3. Check the condition. No scratches or harsh cleanings, with natural patina.
4. Look for the case and certificate if it had them: they add collection value.

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