In 1993, the Mexico City Mint introduced the 50 Nuevo Pesos Coin. Coins were issued on a large planchet that was a bi-metallic composition with an outer ring of brass and a center of 92.5% silver.
Though minted for circulation it is question how many actually circulated in everyday transactions as few modern coins were minted using silver.
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 bust design of Mexican Cadets who sacrificed themselves at the Battle of Chapultepec. Below the bust design is the phrase “NIÑOS HEROES” or as translated to English “Boy Heroes”. Directly above the design is the year of issue and mint mark “Mo” (for the Mexico City Mint). On the outer periphery is the denomination “N$20”.
Battle of Chapultepec
During the Mexican-American War on September 1847 U.S. forces had begun its attack the Chapultepec Castle. Upon their advance, the Mexican forces holding the castle were ordered to withdraw. All the Mexican forces withdrew with the exception of 6 cadets who refused to allow the Mexican flag to be captured by the enemy.
Today the six cadets are recognized as war heroes and a monument of their bravery is proudly on display at Chapultepec Park.
General Market Notes
There are no rarities for the series and all examples are readily available.