In 1984 the Mexico City Mint issued a new circulating 100 Pesos denomination on an aluminum-bronze planchet. Prior to this issue, the 100 Peso denomination was reserved for special silver strikes but the hyperinflation of the 1980’s was quickly impacting coinage requiring consistently higher denominations.
The new 100 pesos coin was issued featuring the image of Venustiano Carranza. Carranza was one of Mexico’s key leaders of the Mexican Revolution and would become the first President of the new government after the dictatorial regime was overthrown in 1914. During Carranza’s Presidency he would oversee the drafting of the current Mexican Constitution but unfortunately near the end of his term he would be assassinated and replaced by Adolfo de la Huerta.
Interestingly, it was during Carranza’s term in office that he had consistent relations with Germany during World War I and at one point even considered an offer of alliance from Germany. Carranza’s acceptance and consideration of an alliance offer was one of the major factors for the United States decision to enter World War I.
The obverse design features the Mexican coat of arms, an eagle clutching a snake while it perches on a prickly pear cactus. In an arc around the design is the phrase “ESTADOS UNIDOS MEXICANOS”.
The reverse design features the bust design of Carranza. To the right of the design is the denomination “$100” and to the left of the design is the mint mark “Mo” for the Mexico City Mint.
General Market Notes
All years were made in large mintages making them affordable and easy to obtain.