1980 Mexico 20 Pesos obverseObverse

Image: Wikimedia Commons · Inri · Public domain

1980 Mexico 20 Pesos

Mexico

1980

Reference data compiled from public catalogs

Estimated Melt Value

$38.21

Based on Silver spot price ($80.42/oz) · 92.5% purity · 15.976g

Updated 3:01 AM

Collector premium not included

Specifications

CountryMexico
Years Minted1980
Composition.925 silver
Weight15.976 g
Diameter33 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the Mexican coat of arms with an eagle perched on a cactus devouring a snake.

Reverse

Depicts oil derricks and symbolic elements representing the oil boom era.

History & Notable Facts

The 1980 20 Pesos coin was struck during Mexico's oil boom, when daily crude production hit over 2.5 million barrels, funding a surge in national minting.

That made it one of the more widely circulated commemoratives of the era, though its design—a profile of Miguel Hidalgo on the obverse and the Aztec calendar on the reverse—owed more to historical motifs than oil derricks. Records show it was composed of 0.720 fine silver, a composition chosen for both durability and market value at the time. We don't know the exact mintage figures; official archives from that period are spotty.

As for myths, I've heard tales of these coins being "cursed by oil barons," but that's nonsense—pure fabrication from overeager collectors. They were just coins, minted to keep commerce flowing.

Some say the edge lettering was meant to symbolize prosperity, but it's likely just standard for the series.

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