Banorte Medal. Year 2 (1987)

This medal celebrates the second year of Banorte, the commercial name of Banco Mercantil del Norte, an institution born in 1986 from the merger of Monterrey banks with roots in the 19th century. The series of annual anniversaries, from the first to the fifth, left a numismatic record of its first steps.

Marking each year with a piece reflected the institution's drive to consolidate its new identity in the competitive banking landscape of northern Mexico.

Wrought in silver and signed with the initials M. V., it is an anniversary commercial medal, of the kind handed out among executives and clients as a memento of the bank's trajectory.

The "Banorte. 2 Año" medal was struck in 1987. It is made of silver, measures 38.5 mm in diameter and weighs 29.89 grams, the work of the engraver M. V..

Being a silver medal, its value has a floor: the precious-metal content (29.89 grams). Above that, what drives it up is condition, how short the issue was, and interest in the theme it commemorates (Banorte. 2 Año). 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 silver; weigh it to estimate its fine-metal content.
2. Read the legend and motif. It commemorates "Banorte. 2 Año," 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.