In 1959 the Mexico City Mint issued a special circulating silver 5 Pesos commemorative coin to honor the 100th Birthday 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” (translated to English United Mexican States). On the outer periphery is the denomination “CINCO PESOS”, silver content "LEY 720", year of issue, and weight "18.055 G".
The reverse design features a bust image of Carranza facing left. On the outer periphery is the phrase “AÑO DE CARRANZA” (Year of Carranza) and the dual date “1859 ~ 1959”. Near the base of the neck is the mint mark “Mo” for the Mexico City Mint.
General Market Notes
Coins were saved in significant quantities and in high grades keeping costs affordable. Price is primarily dictated by the spot silver prices.