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Quick! Is there a Mexican 1,000 peso coin? Yes—but it’s from the old money system. Mexico made a 1,000 peso coin from 1988 to 1992. It does not spend as cash today. Think of it like a time capsule you can hold.
The Mexican 1,000 peso coin is an old-peso circulation coin, made of aluminum-bronze, minted in 1988–1992, with Sor Juana Inés de la Cruz on it, and it’s no longer used for purchases.
In 1993, Mexico chopped off three zeros from prices. So 1,000 old pesos became 1 new peso. That’s why the coin feels big by number but small by value today.
Look for a warm golden color, the big “1000” on the back, and Sor Juana’s portrait. The edge has tiny ridges. If it’s silver-colored or super tiny, it’s probably a different coin.
Nope. Stores won’t take it. It’s for collecting, gifting, or teaching about money changes.
Most are a few dollars, more if they look extra nice or are uncirculated. It’s not a get-rich coin, but it’s a fun, real piece of history.
Mexico does have a 1,000 peso bill today. That’s paper money. The 1,000 peso coin is from the old system. Coin = history; bill = modern cash.
Use the coin to show place value. Ask: “If 1,000 old pesos became 1 new peso, what happened to prices?” Kids can cross out three zeros and see the math magic.
No. Wiping or polishing can scratch it and lower the value. Store it in a small sleeve or a coin flip instead.
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