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Mexico to Shift 1, 2 and 5-Peso Coins to Bronze-Plated Steel Under 2025–2030 Mint Plan

Banxico projects 300 to 400 million pesos in yearly savings from the switch.

Overview

  • The Casa de Moneda’s 2025–2030 program, published in the Diario Oficial on November 3, confirms the transition to steel cores with bronze electroplating for the 1, 2 and 5-peso coins.
  • New pieces will retain their current size and weight but gain a brighter, more uniform finish, greater durability and stronger anti-counterfeiting features, and the mint targets ISO 9001, 14001 and 50001 compliance.
  • Banxico estimates the material and process change will reduce costs by 300–400 million pesos per year.
  • The plan does not remove the 50-centavo or 10-peso coins, countering false claims that those denominations would disappear.
  • Older coin families, including Families B and C and certain commemoratives, continue a managed withdrawal yet remain legal tender until Banxico formally cancels them, with banks required to pull withdrawn pieces from recirculation.