1991 Mexico 1000 Pesos Atlan BU Unissued KM 643 (C838)

Description: 1991 Mexico 1000 Pesos Atlan BU Unissued KM 643/Pn249 (C838)Note: Unissued type due to currency reform.Numista Rarity index: 62The 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 a boat image. Below the design is the word “ATLAN”, the denomination “$1000” and the mint mark “Mo” for the Mexico City Mint. In 1991 hyperinflation was quickly eroding the value of the peso and the Mexico City Mint prepared a set of trial or pattern coins with new larger denominations using different planchet sizes & materials. The trial coins consisted of 100, 200, 500, 1000, and 2000 peso coins. The patterns would never make it to production as the peso became devalued in 1994 and the coinage reform converted 1000 pesos = 1 Nuevo Peso making the new denominations no longer required.Of all the pattern coins the 1000 Pesos Atlan had significant numbers find their way into circulation and some collectors classify this as a circulation coin instead of a pattern. Valid arguments exist for both the circulation or pattern designations so instead we list this as an optional coin for collectors to decide if they wish to add this to a Mexican coin type set. Additionally, total mintage and circulation figures have not been validated at the time of this writing so total mintages remain listed as unkown. Another interesting observation is the title of Atlan listed on the coin. The correct word that should have been minted on the coin is Aztlan. Aztlan is the mythical island homeland from which the Mexica originated from. Mexica is what the Aztecs were referred to after the migration from Aztlan to the Valley of Mexico. The boat design on the coins reverse is representative of that migrationThe items offered are from the Don & Lois Bailey Collection! Don Bailey was the recipient of Mexico’s Order of the Aztec Eagle, the highest honor bestowed on a non-Mexican citizen. He authored many books and publications on Mexican Numismatics, including “¡Viva La Revolucion!” The Money of the Mexican Revolution and Whitman Encyclopedia of Mexican Money Vols 1 & 2 If you have any questions or want us to check stock for you, please don’t hesitate to message us. If we have it, we will list it on eBay. We will combine orders for shipping discount. It should do it automatically if you click "Add to Cart" and when done shopping, in the cart click "Request Total From Seller." Payments must be made within 48 hours of purchase.

Price: 100 USD

Location: Hemet, California

End Time: 2024-12-01T20:17:01.000Z

Shipping Cost: N/A USD