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Five centavos coins (1905-1976)

The 5-centavos coins were made in seven basic types.
Type 1 – Nickel
Type 2 – Monogram
Type 3 – Aztec Calendar
Type 4 – Josefa Grande
Type 5 – White Josefa
Type 6 – Brass
Type 7 - Brass, reduced

Type 1 – Nickel

KM 421KM 421 reverse
KM-421 1905 5c

These were authorised by the decrees of 25 March and 5 April 1905. These nickel coins have a diameter of 20 mm and a weight of 5 g.

In some years the metal, blanks or even the minting was provided by foreign mints in Europe, since Mexico did not stand out for being a producer of pure nickel.

Year Mintage  
1905 1,420,000  
1906 10,614,000 includes small mintmark, large mintmark, 6 over 5  
1907 4,000,000  
1909 2,051,600  
1910  6,181,200  
1911 4,486,925 includes narrow date and wide date
1912 420,000 includes small mintmark and large mintmark
1913 2,035,000 includes narrow date and wide date, 13 over 12 overdate
1914 2,000,000 includes narrow date and wide date 

 

lot 21268 reverselot 21268
KM-421 1912 5c large mintmark (Stack’s-Bowers ANA auction, 4 August 2017, lot 21268)

From 1907 to 1910 all the coins were minted by the English mint of Birmingham, while most, but not all, 1906 and 1911 coins came from there.

In 1910 and 1911 the blanks were manufactured by Scovill in Waterbury, Connecticut and Coe Brass in Torrington, Connecticut, each shipping 200,000 blanks annually. In 1911 and 1912 the blanks were made by the Arthur Krupp factory in Berndorf, Austria.

For a detailed study of the M mintmark and other varieties of this series, see Scott Doll's article here.

Type 2 – Monogram

KM 422KM 422 reverse 
KM-422 1927 5c

Because of the cost of metals and difficulties in importing due to World War I, in 1914 the nickel coins were replaced by larger ones in the Monogram series in bronze, similar to the circulating 1c and 2c coins. These had a diameter of 28 mm and weight of 9 g.

Year Mintage  
1914  2,500,000   
1915 11,423,940  
1916 2,860,000  
1917  800,000  
1918 1,332,000  
1919 400,000  
1920 5,920,000  
1921 2,080,000  
1924 780,000  
1925  4,040,000  
1926 3,160,000  
1927 3,600,000  
1928 1,740,000  small date, large date
1929  2,400,000  
1930 2,600,000  round 0, square 0
1931   mintage unknown. About 250 coins released into circulation 
1933 8,000,000  
1934 10,000,000  
1935 21,980,000  

  

Pablo Luna Herrara reports 1928 coins with a small and large date. “The small date is due to a modification of the die used in the punches of a 2-centavo coin, which due to its smaller size has a smaller date and when minted with the modified die on the planchet of a 5-centavos coin the date looks different. The large date on the 1928 coin is from the normal die without modification.

lot 21271lot 21271 reverse
KM-422 1930 5c small square 0 in date (Stack’s-Bowers ANA auction, 4 August 2017, lot 21271)

Another variety is in the 1930 coin with square and round zeroes. This is also due to a modification of the die.

lot 21272lot 21272 reverse
KM-422 1931 5c (Stack’s-Bowers ANA auction, 4 August 2017, lot 21272)

On the 1931 issue William Laurence Hanks wrote “it was not discovered until the late 50s and early 60s, in 1963 Neil Utberg reported only three pieces existed, however, the author points out that from his experience he has seen 40 to 75 genuine pieces, but of those only one in BU. Stack’s-Bowers, in 2017, added "Mintage unknown. Dies were produced for this issue and samples were struck to test each pair of dies, however the Banco de Mexico did not order any 5- centavo coins to be produced for this year. It is estimated that about 250 pieces were struck to test the dies and these were later released into circulation rather than being melted."

Type 3 – Aztec Calendar

KM 423KM 423 reverse
KM-423 1938 5c

In 1936 a new 5-centavo coin, authorised by Lázaro Cárdenas in a decree of 26 March 1936(footnote}Diario Oficial, Tomo XCVI, Núm. 3, 6 May 1936, in cupronickel was introduced, weighing 4 grams and 20.5mm in diameter. These coins, engraved by Manuel Luna Negrete, had a border on the reverse depicting the ancient Aztec Calendar Stone.

The minting of these coins was suspended due to the increase in the price of the metal in World War II. 

Year Mintage  
1936 46,700,000   
1937 49,0860,000  
1938  33,400,000  
1940 22,800,000  
1942  7,100,000  

 

Type 4 – Josefa Grande

KM 424KM 424 reverse
KM-424 1942 5c

This series has a weight of 6.5 g, diameter of 25.5 mm and was composed of 95% copper, 4% zinc and 1% tin.

The decre authorising the issue was promulgated on 28 December 1942 but minting began on 19 December, so the coins was produced for less then 30 days. 

Year Mintage  
1942 900,000   low mintage
1943 54,660,000  
1944 53,463,120  
1945 44,262,000  
1946 49,054,000  
1951 50,758,000  
1952 17,674,000  
1953 31,568,000  
1954 56,680,000  
1955  21,114,000  

 

Type 5 – White Josefa

On 29 December 1949, after the devaluation of the peso, Miguel Aleman issued a decree changing the designs of the denominations up to and including the $1 valueDiario Oficial de la Federación, 30 December 1949.

KM 425KM 425 reverse
KM-425 1950 5c

These were authorised as the government needed a coin that was cheaper to produce. These had a different bust of Josefa Ortiz de Domínguez. They had more nickel in their composition (75% copper, 25% nickel) and so had a whitish appearance. Weight was 4 g and diameter  20.5 mm. Mintage was 5,700,000 in 1950.

It is believed that it went out of circulation as it was easily confused with the 25-centavo coin in circulation

Type 6 – Brass

The devaluation of the peso in 1954 wreaked havoc on the national currency. On 13 September 1955 Adolfo Ruiz Cortines issued a decree giving the specification of a new issue of new coinageDiario Oficial, 15 September 1955.

KM 426KM 426 reverse
KM-426 1963 5c

The 5-centavo coin was reduced in size and weight compared with Type 4. Like Type 5 these had a weight of 4 g and diameter of 20.5 mm but were in brass (85% copper, 15% zinc).

As stated, these were authorised by a decree of 13 September 1955, so the Mint anticipated the publication of the decree with coins dated 1954.

Year Mintage  
1954    dot, no dot
1955 12,136,000  
1956 60,216,000  
1957 58,288,000  
1958 104,624,000  
1959 106,000,000  
1960 99,144,000  
1961 61,136,000  
1962 47,232,000  
1963 136,680,000  
1964  71,168,000  
1965 155,720,000  
1966  124,944,000  
1967 118,819,000  
1968 189,588,000  
1969  210,492,000  

 

lot 22967lot 22967 reverse
KM-426 with dot behind portrait (Stack’s-Bowers ANA auction, 7 August 2017, lot 22967)


lot 72246lot 72246 reverse
KM-426 without dot behind portrait (Stack’s-Bowers auction, 28 February 2023, lot 72246)

Type 7 - Brass, reduced

On 27 December 1969 Gustavo Díaz Ordaz authorised a new series of coinage from the one centavo to the twenty-five pesoDiario Oficial, 30 December 1969.

KM 427KM 427 reverse
KM-427 1971 5c

The 5c coin was re-designed with a new eagle on the obverse, being 2.55 mm smaller in diameter (18 mm) and with a lower copper content. Mintage was

Year Mintage  
1970 163,368,000   
1971  198,844,000  
1972 225,000,000  
1973 596,070,000  
1974 401,584,000  
1975 342,308,000  
1976  367,524,000  

 

In 1976, due to the strong devaluation of that year, the Treasury authority concluded that a 5-centavo coin did not represent a considerable purchasing value, so its manufacture would not continue. It took 16 years for the return of this denomination, motivated by the Monetary Reform of 1992, which removed three zeros from the peso.