Mexico 2003 100 pesos KM-698

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Heritage sale 3010, lot 22995
Mexico 2003Ve 100 pesos rev Heritage 3010-22995.jpg

This specimen is one of a series issued by the Mexico City mint to honor each of the Mexican states, this one being for Veracruz. The program was modeled on the U. S. Mint's state quarter program and was quite popular. The first series, featuring the arms of each state, was issued in reverse alphabetical order, starting with Zacatecas. It was also issued as a bimetallic gold/silver commemorative. The second series, commencing in 2006, featured state animals, monuments, heroes, etc. The circulating coins are the same weight and diameter as the bimetallic fifty pesos of 1993-95 (KM 571). This specimen is a gold and silver bimetallic proof. This specimen was lot 22995 in Heritage sale 3010 (Boston, August 2010), where it sold for $632.50. The catalog description[1] noted, "Estados Unidos Bi-Metallic gold and silver 100 Pesos 2003, Proof. Celebrating the 180th anniversary of federation."

Recorded mintage: 248,810 for circulation and 1,000 proofs (shown here).

Specification: circulating coin: 33.825 g, brass outer ring with .925 fine silver center, .500 troy oz ASW, 39.9 mm diameter, segmented reeded edge. Proof: 29.169 g, Bi-Metallic, .999 Gold 17.154 g center in .999 Silver 12.015 g ring, 34.5 mm diameter.

Catalog reference: KM 690 (brass/silver), KM 698 (silver/gold).

Sources:

  • Harper, David C., ed., North American Coins & Prices: A Guide to U. S., Canadian and Mexican Coins, 17th Ed., Iola, WI: Krause Publications, 2007.
  • [1]Tucker, Warren, Scott Cordry and John Kraljevich, Heritage Sale 3010: World Coins, Dallas, TX: Heritage Auction Galleries, 2010.

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