Sunday, June 4, 2023

Banxico ‘cooks’ new 20-peso commemorative coin

With 497 votes, the Chamber of Deputies approved the draft to raise the marks commemorative coin for 200 years of the heroic Military College.

According to the agreement already published in the Official Gazette of the Federation (DOF), when the currency is issued. you recognize to establish a military education with a greater tradition and trajectory throughout Mexican history.

Deputy Paola Tenorio Adame, from Morena, emphasized that the Heroic Military College is based on moral and ethical values, so that its mission is to train professional soldiers, with a solid theoretical and practical knowledge of unquestionable leadership and a great love for Mexico and its people. the town

According to the meeting place of the Congressional Channel, the money will be a nominal value of 20 pesos and it will be dodecagonal in shape.

The planning system for this coin will be issued by the Bank of Mexico (Banxico) on the proposal of the Secretary of National Defense (Sedena) deciding which should be referred to as the Heroic Military College Bicentennial.

What will the commemorative coin of the Military College look like?

According to the DOF, these will be the currency notes;

  • It will have a diameter of 30 mm.
  • It will be a bimetallic coin and it will be made of two alloys one for the middle part, and another for the circumference of the ring.
  • Half of the nickel silver is mixed with silver, which is composed of 65 percent, 10 percent nickel, and 25 percent zinc.
  • It weighs 5.51g. (P. five, fifty-one centigrams).
  • The circle of the coin ring will have copper-aluminum alloy, which will be composed as follows: 92 percent of copper; 6 percent aluminum, and 2 percent nickel.
  • The total weight will be 12.67 pounds and the weight tolerance per drachma will be 0.51 centigrams.
  • On the reverse, the coin will have the National Coat of Arms, with the legend “United States MEXICAN”, forming the upper half circle.
  • On the other hand, the policy of the movement of this money will be determined by the Bank of Mexico, proposing the Ministry of National Defense.
  • It should refer to the Bicentennial of the Heroic Military College and will include the denomination “$20″, security elements, the Mexican mint “Mo” and the legend “Secretaria DE LA DEFENSA NACIONAL; BICENTENNIAL OF THE HEROIC MILITARY COLLEGE 1823-2023″.
World Nation News Desk
World Nation News Desk
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