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March 15, 2011

Banco de México Issues Coins and Paper Money to Commemorate the 200th Anniversary of the start of the Mexican Independence Movement and the 100th Anniversary of the Mexican Revolution

By Mel Wacks, Member Numismatic Literary Guild

In 2010, Mexico celebrated both the 200th Anniversary of the Struggle for Independence and the 100th Anniversary of the Mexican Revolution. An important part of the celebration was the issuance of gold, silver and bimetallic coins, as well as commemorative paper money. As an official distributor for Banco de México, Panda America is pleased to offer these for the first time to American collectors. Order at www.PandaAmerica.com or call 800-472-6327.

The numismatic commemoration of these two historic events actually began in 2008, with the issuance of two mint sets.

Seven bimetallic coins commemorating the Bicentenary of the Mexican Independence Movement (1810-2010) were issued. Each bimetallic 5 peso coin has an aluminum-bronze center surrounded by a ring of stainless steel. The seven coins issued in 2008 honored: Ignacio López Rayón (1773-1832), lawyer, miner, and farmer from Tlalpujahua, who joined Hidalgo's forces early, becoming his secretary, and later he established the Supreme Governing Junta (August 1811), of which he was president; Carlos María de Bustamante (1774-1848), joined the insurgent forces of Morelos, published the Correo del Sur, and participated in sessions of the Chilpancingo Congress—in particular, in the editing of the act of Independence; Francisco Xavier Mina (1789-1817), after many difficult encounters with the royalist forces in which he demonstrated his military prowess, Mina was finally captured in October 1817 and executed by firing squad soon afterwards; Francisco Primo de Verdad y Ramos (1768-1808), in response to the first attempt to establish a government fully independent from Spain in Mexico, the Yermo riot broke out, leading to the imprisonment of Primo de Verdad, who died in jail shortly afterward; Mariano Matamoros (1770-1814), a priest that supported the insurgency cause, for which he was imprisoned by the viceregal government at the beginning of the uprising and was executed by firing squad in February 1814; Miguel Ramos Arizpe (1775-1843), a priest and politician from Coahuila who was one of the most outstanding liberal politicians and federalists who participated in the defense and construction of independent Mexico; and Hermenegildo Galeana (1772-1814), a farmer from the Costa Grande region, who in 1810 joined the rebel forces of General Morelos with a group of men and provided the first cannon to the insurgent army.

The 2008 Bicentenary coin mint sets in Banco de México custom folders actually contain 8 coins—with the 8th coin being a scarce variety of the Ramos coin. An official of Banco de México has indicated that seven of the coins contain bullets to the left and right of “México 2010” at the bottom of the obverse, while the eighth coin (Francisco Primo de Verdad y Ramos) does not--adding that “The one without the dots is a scarce coin and it gives additional value to the set, as it was not meant to be that way.” Panda America offers this set for $35.

The 2008 6-coin bimetallic set commemorating the Centenary of the Mexican Revolution, features brilliant uncirculated bimetallic coins in a handsome Bank of Mexico custom folder: Álvaro Obregón (1880-1928), president of Mexico from 1920 to 1924, when he promoted agricultural policies, formed worker organizations, obtained international recognition for the new regime, and initiated the application of the Constitution's anticlerical laws; José Vasconcelos (1881-1959), from 1921 to 1924, he acted as Head of the Ministry of Public Education, doing an extraordinary job promoting education for the masses, establishing many libraries, putting the literary classics in reach of the general public, and supporting the Mexican visual arts (in particular, the art of muralists); Francisco Villa (1876-1923), raised the most important military force of the Revolution--the Northern Division--which took Zacatecas, among other feats, a city that was a hub for the federal army, and with that victory, defeated the army of Victoriano Huerta; Heriberto Jara (1866-1939), attained the rank of General, and was a congressional representative for his native state to the Constitutional Congress of Querétaro; Ricardo Flores Magón (1873-1922), politician, journalist, and dramatist; he is considered one of the most influential ideologists of the Mexican Revolution; and Francisco J. Múgica (1884-1954), in 1910 he joined the Revolutionary Junta of San Antonio, Texas, which organized the first steps of the Revolution under Madero. This set is priced at $29 by Panda America.


A crisp uncirculated pair of 2010 Mexican commemorative banknotes, with matching serial numbers, is included in a colorful souvenir folder issued by Banco de México.

Adding to collector interest is an error in one of the notes--contained in microlettering just above a transparent stalk of corn in the polymer 100 Pesos note commemorating the centennial of the Beginning of the Mexican Revolution (1910-1920). "Sufragio electivo y no reelección" is written, however the famous quote from Francisco Madero--politician, writer, revolutionary and President of Mexico--should have been "Sufragio efectivo no reelección" (“Real Democracy, No Reelection”). The President of Mexico, Felipe Calderón, personally apologized for the error—but corrected notes were not issued.
The front of the 100-peso banknote depicts a locomotive, which was used to transport revolutionary troops. On the reverse side, a segment of the mural "Del Porfirismo a la Revolución" (From the Dictatorship of Porfirio Diaz to the Revolution), painted by David Alfaro Siqueiros in 1957.
The 200-peso bill commemorates the Bicentennial of the Beginning of the Mexican Independence (1810-1821). The obverse depicts the Mexican priest, Miguel Hidalgo, who became known as “The Father of Mexico,” carrying his banner that was later used by the independence fighters. The reverse depicts the iconic monument the "Ángel de la Independencia" which is located in Mexico City and that is featured on Mexican Libertad silver and gold bullion coins. This two-banknote set is offered for $49 by official distributor Panda America.

The "Ángel de la Independencia" is also featured on the 200 Peso gold coins, issued in 2010, commemorating the declaration of Independence from Spain made by Father Miguel Hidalgo on September 16, 1810 (celebrated as Mexican Independence Day). These large gold coin, containing 1.2 oz. of .900 fine gold, feature a figure of the winged victory sculpture that is on the top of Independence Column, a monument built in 1921 to commemorate the Centenary of the Victory of the War for Independence. These coins are available from Panda America at prices based on the current spot price of gold. Call 800-472-6327 for an up-to-the-minute quote.

Trains—as shown in historic photos--are featured on both of the 2010-dated 2 oz. pure silver proof coins issued by Banco de Mexico commemorating Centenario de la Revolución.

This specially packaged set—available for $249 from Panda America--also includes the 100 Peso banknote commemorating the Revolution. Panda America can be contacted at 800-472-6327 or email info@PandaAmerica.com  or write to Panda America, 3460 Torrance Blvd. Suite 100, Torrance, CA 90503..

The reverse of the 100 Peso Note was adapted from a portion of a mural
 by David Alfaro Siqueiros.


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Price: $15.00
Metal: Aluninum Bronze/Stainless Steel Denomination: 5 Peso
Weight: 7.070 gm. x 6
Grade: Brilliant Uncirculated
Item ID: 10341

Price: $20.00
Metal: Aluninum Bronze/Stainless Steel Denomination: 5 Peso
Weight: 7.070 gm. x 8
Grade: Brilliant Uncirculated
Item ID: 10342

Price: $29.00

 Crisp Uncirculated 2010-dated 100-Peso and 200-Peso Banknotes.

Purity: 1
Item ID: 10146
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