The "Stability and Economic Growth Pact" in the early 1990's was an economic solution to solve Mexico's hyperinflation problems. A part of the pact required the debasement of old currency and the introduction of new currency. The new coinage reintroduced centavo denomination coinage which had not been issued for circulation since 1984. One example of the new centavo coinage is the 20 centavos coin.
The obverse design features the Mexican coat of arms, an eagle clutching a snake while it perches on a prickly pear cactus. On the outer periphery is the phrase “ESTADOS UNIDOS MEXICANOS” or as translated to English “United Mexican States”.
The reverse design features the denomination “20c” with the year of issue above and mint mark “Mo” (for the Mexico City Mint) below the design.
General Market Notes
There are no rarities for the series and all examples are readily available.