How Much Is a 1989 Mexican 1000 Peso Coin Worth? (2024)

by Jackie Palmer

Last Updated on April 14, 2022

The Juana de Asbaje bust is on the 1000 Mexican Peso note. Mexico was experiencing hyperinflation in the late 1980s and early 1990s, so a thousand pesos wasn’t worth much money.

Contents

  • How much is a 1989 Mexican 1000 peso coin worth?
  • Are Mexican peso coins worth anything?
  • When did the Mexican 1000 pesos come out?
  • Who is Juana de Asbaje in 1989 Mexican 1000 peso coin?
  • How much is a Mexican 5000 peso coin worth?
  • What was the value of 100 pesos in 1988?
  • What does 1000 pesos look like?
  • What is a 500 Mexican coin worth?
  • Features of Mexican 1000 peso coin

How much is a 1989 Mexican 1000 peso coin worth?

When the system was revamped, three zeroes were removed, resulting in a 1989 1000 Pesos equal to 1 current Peso or roughly 10 cents US.

Are Mexican peso coins worth anything?

Collecting uncirculated Mexican coins is a worthwhile endeavor. The Mexican 5 peso silver coin that remembers the last Aztec King, and the 1921 Gold 50 Peso Mexican coin, which will cost you $4,000 USD to add to your collection.

When did the Mexican 1000 pesos come out?

Mexico (Estados Unidos) is the country of issue for this coin. The United Mexican States are the issuing country, which began in 1905 and ended in date. It’s a standard circulation coin that was produced from 1988 to 1992. 1000 pesos (1000 MXP) = $22 in 1992.

Who is Juana de Asbaje in 1989 Mexican 1000 peso coin?

Juana de Asbaje was born Juana Ines de Asbaje y Ramírez de Santillana in Mexico City’s San Miguel Nepantla (now known as Nepantla de Sor Juana Ines de la Cruz in her honor). She was a remarkable child genius who became a renowned Baroque composer and essayist, challenging the place of women in society at the time.

How much is a Mexican 5000 peso coin worth?

The Mexican peso has been in decline for quite some time. In 1993, the Mexican peso was devaluated by a factor of ten, making this $5000 peso coin worth just $5 dollars in commerce. Collectors are seeking for nice specimens of this coin. The catalog values of coins like the one shown in our illustration are relatively high.

What was the value of 100 pesos in 1988?

Mexico inflation – Conversion table A $100 peso in 1988 is worth $2,674.25 today In 1988, there were only 500 million people on earth (and not a single one of them was me). The value of the Mexican currency fell steadily until around 1990 when it stabilized and began to appreciate. By 1993, its exchange rate had reached an all-time low of 3,954 to the dollar.

What does 1000 pesos look like?

These days, a Mexican Peso is worth about 4 US cents. So, if you have 1000 pesos, that would be the equivalent of about $40 USD. The new 1000 peso note was introduced in early 2020 and features the image of Mexican scientist, María Elena Salinas on the front, and the Popocatépetl volcano on the back.

What is a 500 Mexican coin worth?

The coins are being sold for about US$1.19, plus an additional US$2.88 to cover expenses of shipping. You’ll receive a lot more than the face value if you do that. The 500 peso coin was first released in 1990, before Mexico changed the peso’s value in 1993. It is only worth half of a contemporary peso, around 2 1/2 U.S. cents.

Features of Mexican 1000 peso coin

The coin weighed 15.17 grams was was composed of an aluminum-nickel-bronze alloy. The thickness of the coin is 2.81 millimeters and had a diameter of 30.5 millimeters.

The obverse of the coin featured the name of the country, Estados Unidos Mexicanos (United States of Mexico) and the coat of arms of Mexico.Meanwhile, the reverse featured Juana Inés de la Cruz.

How Much Is a 1989 Mexican 1000 Peso Coin Worth? (2024)

FAQs

How much is $1000 peso coin worth in US dollars? ›

1,000 MXN to USD – Mexican Pesos to US Dollars

How much is $1,000.00 – the one thousand 🇲🇽 mexican pesos is worth $52.26 (USD) today or 💵 fifty-two us dollars 26 cents as of 21:00PM UTC.

How much is $1000 pesos worth 1989? ›

When the system was reformed they simply removed 3 zeros, therefore the 1989 1000 Pesos is equal to 1 current Peso or approximately 10 cents U.S.

Are 1000 peso coins worth anything? ›

Nothing. Almost less than nothing. The Mexican peso was revalued back in the 1990s, where one new peso was worth 1,000 old pesos. At modern exchange rates, it converts to being worth one cent in US dollars, but all those old pesos were demonetized more than 20 years ago.

How much is a 1988 $1000 coin from Mexico worth? ›

What is a 1988 Mexican coin with $1,000 on it instead of Pesos worth in USD? Almost nothing. Next to nothing. It's worth 1,000 OLD pesos, which is the equivalent to 1 (one) NEW peso, and that converts to 5 cents in USD.

How much is $1000 Mexican pesos? ›

18768.80000 MXN

What does a $1000 peso coin look like? ›

It was equal to 1000 pesos. The coin was composed of an aluminum-nickel-bronze alloy and weighed 15.17 grams. It had a diameter of 30.5 millimeters and a thickness of 2.81 millimeters, making it a rather large coin.
...
Mexican 1000 peso coin.
1000 pesos
Thickness2.81 mm
CompositionAluminum-nickel-bronze
Appearance
Shaperound
14 more rows

What is a 1989 1000 peso coin made of? ›

Features
IssuerMexico
CompositionAluminium-bronze
Weight15.17 g
Diameter30.5 mm
Thickness2.81 mm
11 more rows

Where can I sell my old Mexican pesos? ›

If you have old bank notes you want to exchange for present-day notes/coins, you need to take them to any of one Mexico's retail banks, or to the the Bank of Mexico if the quantity/value exceeds the retail bank 'exchange limit:' the exchange limit at a retail bank is 500 individual notes or a present-day value of ...

Where can I exchange Mexican coins for American money? ›

Banks and credit unions are generally the best places to exchange currency, with reasonable exchange rates and the lowest fees.

Is the 1000 peso coin still in circulation? ›

They have design features different from those of A-type coins and are denominated in “new pesos.” A “new peso” is equivalent to 1000 pesos of the previous monetary unit. Currently, some of the metallic coins of this type are in the process of being withdrawn from circulation; that is, they continue to be legal tender.

What is the rarest peso coin? ›

Among the rarest coins in the U.S. Philippines series from the collectors' standpoint are the 1906-S One Peso, the 1916-S Five Centavos, the 1918-S Five Centavo Mule, the 1903-S Twenty Centavos (especially in Mint State) and the 1915-S One Centavo.

How can you tell if a Mexican coin is silver? ›

The best way to determine if your coins are silver is to view the edge of the coin. If the coin has a solid silver stripe, then you can feel confident that it's silver. If you can see a copper stripe, then the coin is clad. A more subdued silver stripe with faint traces of copper could mean that the coin is 40% silver.

How do you tell if a coin is worth a lot of money? ›

There are three primary variables that help determine the value of a coin.
  1. Initial Mintage Number. This refers to how many of the coins were originally minted and available in the market.
  2. Coin Grade. The better condition your coin is in, the more valuable it can be.
  3. Demand.
May 28, 2021

How much is a Mexican peso coin worth? ›

Remember, each whole peso is worth 100 centavos. That means these peso coins are worth roughly the following: 1 peso ($1.00 MXN) = $0.05 USD.

How much is $1000 in US dollars? ›

How much is 1000 Money in US Dollar? 1000 Money is 2.504029 US Dollar.

How many dollars is 1000 000 pesos? ›

How much is $1,000,000.00 – the one million 🇲🇽 mexican pesos is worth $53,269.69 (USD) today or 💵 fifty-three thousand two hundred sixty-nine us dollars 69 cents as of 17:00PM UTC. We utilize mid-market currency rates to convert MXN against USD currency pair.

How much is a Mexican peso in dollars? ›

1 USD = 19.13525 MXN Jan 07, 2023 08:48 UTC

Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently.

What does a 1000 Mexican Peso look like? ›

New $1,000-peso banknote features

The face of the new note shows three protagonists from Mexico's revolutionary era, Francisco I. Madero, Hermila Galindo, and Carmen Serdán; in the background is a steam-driven locomotive—the principal form of transport during that time.

Is there a 1000 peso? ›

The Banco de México started issuing these 1000 Mexican Peso banknotes in 2006. They are currently still in circulation. The highest value banknote of Mexico is the $1000 Pesos bill.

What is in the back of 1000 pesos? ›

The reverse features the Banaue Rice Terraces, Manunggul Jar cover, and Langgal (a mosque), representing the three island groups of the Philippines (Luzon, Visayas, and Mindanao, respectively).

Does Mexican money expire? ›

Mexico has 20, 50, 100, 200, 500, and 1,000 peso banknotes in circulation. 20 peso polymer banknotes have an average life of 32 months. However, 50 peso banknotes last about 39 months. If you have leftover MXN after your trip to Mexico, CXI will buy them back from you.

Are Mexican coins made of gold? ›

The Gold Peso is minted from an alloy of 90 percent gold and 10 percent copper, resulting in a durable coin with a more orange color than many other bullion coins – the US Gold Eagle, for example, has a significant amount of silver in the alloy, which gives it a less striking color.

Are pesos from 1989 worth anything? ›

The inflation rate in Mexico between 1989 and today has been 1,762.08%, which translates into a total increase of $1,762.08. This means that 100 pesos in 1989 are equivalent to 1,862.08 pesos in 2023. In other words, the purchasing power of $100 in 1989 equals $1,862.08 today.

How do I exchange old coins for cash? ›

Quikr. Just like OLX, Quickr is another platform that involves the exchange of old items and products including old and demonetized coins & notes.

How much is an old Mexican peso worth? ›

The Nuevo (new) Peso replaced the Old Peso at a rate of $1000 old pesos for $1 new peso. The pre-1993 Mexican Peso banknotes belong to the obsolete Old Mexican Peso (MXP) and their value is 1/1000 of today's New Peso (MXN).

Is selling old currency legal? ›

Answers (1) Yes you can sell old coins and notes in India and you can do so even online websites like eBay etc. However they can be sold like goods and to people like coin collectors and won't be a legal tender for exchange.

Do banks convert pesos to dollars? ›

Do banks do currency exchange? Yes. Many banks and credit unions exchange currency for their customers. It may cost a small fee, but it will likely be the best exchange rate you can get.

Do banks cash in foreign coins? ›

Do banks accept foreign currency in the US? Some banks may let you exchange unspent foreign currency you bring back to the U.S., but you generally won't be able to deposit foreign money into your checking or savings account. Instead, you'll have to exchange foreign currency for dollars before making a deposit.

Do banks exchange coins for cash? ›

Take your coins to a community bank or credit union

Many big banks have phased out their coin-counting services in recent years, but the regional banks or credit unions that do offer coin exchange likely do so at no cost to customers. There may be a small fee for noncustomers to use the bank's coin-counting services.

When was 1000 peso made? ›

In 1991, the BSP issued for the first time a 1000-piso banknote, containing on the obverse side the composite portraits of Jose Abad Santos, Josefa Llanes Escoda and Vicente Lim.

What year coins are worth money? ›

The 11 most valuable coins to look out for
1Saint-Gaudens Double Eagle$20,165,100
81894-S Barber Dime$2,406,200
9Lincoln Head Copper Penny$2,320,200
101893 Morgan Silver Dollar$550,000
11Sacagawea Cheerios Dollar$25,000
6 more rows
Oct 12, 2022

Are old Spanish coins valuable? ›

They are sold for various prices, from just a couple of dollars per piece, to several hundred for older and well-preserved coins. Look out for coin editions that have only been minted once or for a short amount of time, such as the 25 peseta coin produced between 1876 and 1889, or the 1897 100 peseta coin.

What year pesos are silver? ›

What Year Pesos Are Silver? The silver Mexican Peso dates all the way back to 1869 with its first minting on the 1 peso, and continues until 1979 where the last silver peso minted was the 100 silver peso coin.

Which presidential coins are worth the most? ›

Most Valuable Presidential Dollar Coins
  • 2007-P Washington (Broad Strike)
  • 2007-S Washington Proof.
  • 2007 Washington (Without Edge Lettering)
  • 2007-S John Adams' Proof.
  • 2008-S Monroe's Proof.
  • 2008-S Van Buren Proof.
  • 2008-S J. Q Adams Proof.
  • 2008-S Jackson Proof.

What is the most rare coin? ›

1794 Flowing Hair Silver Dollar

One of only 1,758 coins minted, this Flowing Hair Silver Dollar sold for $6,600,000 at auction in August of 2021.

How do you tell if a coin is silver or platinum? ›

Try shining a light on a silver coin and watch how it shimmers. This may help distinguish its luster from other brighter coin materials. Silver also weighs less and isn't as dense as platinum, so a quick determination of its weight could help narrow the decision-making process.

How can I test my silver coins at home? ›

The Ice Cube Test

As we have mentioned before, silver has the highest thermal conductivity among metals. That means if you place an ice cube on top of a silver surface (such as coin or flatware), it should melt faster than a second ice cube on top of other metals, such as nickel or zinc.

What year did Mexico stop using silver in coins? ›

As times and economic conditions changed, the Mexican peso underwent a series of devaluations, and by 1957, the peso's silver content was reduced to a mere 10%. These were the last silver one-peso (Un Peso) coins.

Is there an app to scan coins for value? ›

The Coinoscope mobile app makes coin identification and valuation easy - just snap a picture of a coin with your phone camera and the app will show you a list of similar coins. It is fast and accurate. It is a must-have tool for every coin collector and numismatist!

Which coins are worth thousands of dollars? ›

The Liberty head, Shield, and the Buffalo nickel are each worth a few thousand dollars.

How much is $1000 coins? ›

Historical Exchange Rate Graph for COIN to USD

The conversion value for 1000 COIN to 16.952 USD.

How much is a 1 peso coin worth in American money? ›

1 MXN = 0.053306 USD Jan 30, 2023 19:00 UTC

The currency converter below is easy to use and the currency rates are updated frequently.

How much is $500 peso coin worth in us? ›

500 MXN to USD – Mexican Pesos to US Dollars

How much is $500.00 – the five hundred 🇲🇽 mexican pesos is worth $26.62 (USD) today or 💵 twenty-six us dollars 62 cents as of 14:00PM UTC. We utilize mid-market currency rates to convert MXN against USD currency pair. The current exchange rate is 0.0532.

Can you still use 1000 peso coin? ›

They have design features different from those of A-type coins and are denominated in “new pesos.” A “new peso” is equivalent to 1000 pesos of the previous monetary unit. Currently, some of the metallic coins of this type are in the process of being withdrawn from circulation; that is, they continue to be legal tender.

What coin is worth millions? ›

The $1 million Canadian Gold Maple Leaf coin is a novelty coin, if there ever were one, and it tips the scales at a whopping 100 kilograms or about 220 pounds. Only six of the nearly pure gold coins have ever been made, as of December 2022, and each has a face value of $1 million.

What coin is 100% of a dollar? ›

The Union was a proposed $100 coin of the United States dollar.
...
Union (United States coin)
United states
Value100 US Dollars
Composition90% Au 10% Cu
Obverse
DesignLiberty holding the caduceus and a branch (fantasy coin shown)
8 more rows

How many pesos is $2000 dollars? ›

37560.60000 MXN

How many pesos is $1? ›

1 USD = 18.773 MXN Jan 30, 2023 21:40 UTC

The currency converter below is easy to use and the currency rates are updated frequently.

How much is $5000 pesos in dollars? ›

266.08700 USD

What is $500 US dollars in pesos? ›

Are you overpaying your bank?
Conversion rates US Dollar / Mexican Peso
500 USD9381.40000 MXN
1000 USD18762.80000 MXN
2000 USD37525.60000 MXN
5000 USD93814.00000 MXN
8 more rows

What is a 1000 dollar bill worth today? ›

On average, you should expect your $1000 bill to be worth at least double its face value. Most $1000 bills typically sell for between $2500 and $10,000, depending on their condition and rarity levels, while the most sought-after specimens can easily reach prices north of $100,000.

How much would $1000 be today? ›

This means that today's prices are 1.21 times as high as average prices since 2017, according to the Bureau of Labor Statistics consumer price index.
...
Value of $1,000 from 2017 to 2023.
Cumulative price change21.08%
Average inflation rate3.24%
Converted amount ($1,000 base)$1,210.82
6 more rows

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