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 smallest denomination of the new coinage was the 5 centavos coin. The series eventually would end in 2002 with no replacement, making the 10 centavos coin the current smallest denomination.
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 “5c” with the year of issue and mint mark “Mo” (for the Mexico City Mint) above the design.
General Market Notes
There are no rarities for the series and all examples are readily available.