I got it in a collection a while back and never really thought much of it until I tried to look it up.
Nice coin, not terribly valuable. If you start with mid to late 20th century Mexican coins, they are fascinating, but there's not a lot of rarity or value. They stand as a lesson on inflation/devaluation.
They devalued the peso 1000-1 in 1994. So your 1/20th of a peso is worth 1/20,000th of a modern peso, the modern peso is right around 5 1/2 cents. This coin will be worth more as a coin to a collector than as Mexican money. 20 cents in XF-40.
Zackly. But reading up on all those subjects on Mexican coins is a good cultural education. Lots of Mexican coin series last a couple of years and then are changed again. None of this "we ain't changed the dime since 1946" stuff for them.
Don't see anything special, but it's not really my series. Looks like an average run of the mill brass Josefa to me. Perhaps discolored due to circulation and storage conditions.
So, here is the conundrum. In 1960, 1962 and 1965, the Mexican Mint made copper-nickel versions of this particular 5 centavos, including only 19 made for 1962. Is it possible that this is a 1964 version? Is it plated/fake? If you were going to fake it, wouldn't you pick a date that actually is listed?
even if it were plated the mintage for this 1964 coin is 71,168,000 and in grade MS-63 has only a value of 40 cents. my guess is that your coin toned up that color because of what it was stored in or near. why would someone change the date of a 1962 to a 1964 ? or are you thinking it was made on a blank planchet that was meant for the 1962 coins ?
I really have no idea what to think about it. I am nearly 100% sure that the outer surface is not brass and it has tons of luster, which leads me to believe that it is not a chemically treated brass coin. That leads me to believe that there is another explanation. Since the C-N versions of these coins book for hundreds of dollars, I can only think that someone plated it to pawn it off as something unique or it was made in the mint along with the 1960, '62 and '65 versions.
