koryanasmomma - sorry I wish that was true but this is old pesos that are worth 1000 to one NP that now changed again to a Peso - this is worth around 10 cents. Important to know that this will never be made again and they are missing fast - this is a great collectible.
Oh interesting. I looked it up on the wikepedia. But there was no year or anything. My gparents live in a very nice part of Mexico. Right on the water :P
supertortilla.... the peso has changed i dont think this is worth that much anymore but its a great collectable that in the future if kept nice will be worth some money - give it to the grandkids to pass on
Yep - all changed from these to the new pesos , to me I like the new Pesos for the looks. The coins (1,2,5,10, 20, and 50 all have parts of the Mayan calendar on them put them together and you have a copy of the whole thing - really nice.
"Throughout most of the 20th century, the Mexican peso remained one of the most stable currencies in Latin America, since the economy did not experience periods of hyperinflation common to other countries in the region. However, after the Oil Crisis of the late 1970s, Mexico defaulted on its external debt in 1982 and experienced several years of inflation and devaluation until a government economic strategy called the "Stability and Economic Growth Pact" (Pacto de estabilidad y crecimiento económico, PECE) was adopted under President Carlos Salinas. On 1 January 1993, the Bank of Mexico introduced a new currency, the nuevo peso ("new peso", or MXN), written "N$" followed by the numerical amount. One new peso, or N$1.00, was equal to 1000 of the obsolete MXP pesos.
On January 1, 1996, the modifier nuevo was dropped from the name and new coins and banknotes – identical in every respect to the 1993 issue, with the exception of the now absent word "nuevo" – were put into circulation. The ISO 4217 code, however, remained unchanged as MXN."