STUDY EXAMINES MEXICO'S COIN PRODUCTION COSTS

The lowest denomination of Mexican currency is the 10-centavo coin, a very small silver coin that is rarely used. But for the Bank of México (Banxico) it’s a costly coin to make.

Rising costs have pushed up the price of minting a single one of the coins to 19 centavos.

That’s up from nine centavos in 2012. The central bank’s production costs have risen 40%, even after opting for cheaper minting processes.

To read the complete article, see:
10-centavo coins are not worth much but they’re costly little numbers (https://mexiconewsdaily.com/news/centavos-are-costly-little-numbers/)

	NBS (coinbooks.org) Web