Mexico 20 Pesos

Description

The Mexican Peso is the official currency in Mexico. The first coin was issued in 1863 in centavos and peso denominations. In 1992, the United Mexican States’ Monetary System introduced a new monetary system called “Nuevo peso”. The Bank of Mexico issued a series of coins in denominations of 5, 10, 20, 50 cents and 1, 2, 5, 10, 20, 50 and 100 pesos.

The 20 Pesos commemorative coin front design features the National Coat of Arms of Mexico (made up of a Mexican eagle perched on a flowered nopal, ready to devour a snake. Two branches, one of oak in front of the eagle and another of laurel on the opposite side). The reverse coin design has the portrait of Octavio Paz (1914 -1998) with the inscription ” Todo es presencia, todos los siglos son este presente” extracted from the author’s poem “Fuente”, the signature of the poet and essayist and the denomination. This coin is part of the C-2000 series, its rim is fluted, and its color is silver and gold.

 Text: 20$, Estados Unidos Mexicanos, Todo es presencia todos los siglos son este Presente, Octavio Paz, Año 2000.