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0:00 Presentation - What's in the box?
1:25 Mintage - How many sets were issued?
3:38 Why is it SO SPECIAL?
5:24 N$10 Toning
5:51 Current Value
Today we’re taking a look at the very special Blue 1995 Mexican Proof Set. This is the sister set to the Black 1995 Proof Set, which I’ve already done a video on right here! Both sets contain the same coins, but they come in very different presentations, with this blue set being much more scarce than the black one. These sets hold a special place in the modern history of Mexican Numismatics for a variety of reasons that we’ll cover in this video.
The beautiful velvet-covered hard case, that comes within a matching blue box, contains this relatively small plastic holder which is the same as those used for the yearly mint sets from 1970 to 1999, although that presentation wasn’t introduced until around 1992, and then previous years were repackaged into those sets. It even has these slots on the side for the plastic stands, which come in those sets. Below the coins, is a plaque of sorts, that depicts the sculpture that can be found above the main entrance to the Bank of Mexico headquarters, which now houses the Bank of Mexico Museum, in Mexico City. The COA included in this set is the same as those found in the black sets.
Now, there’s always a sense of mystery when it comes to Mexican coin sets. For the most part, “mintages” so to speak, or population reports are seldom disclosed, and not only that, but it can be extremely difficult to find out why, for whom, or for what occasion a specific set was issued. This wooden 1993 Presentation Set, is a good example of one of those mysteries.
So, why were there 2 different presentations of the same set assembled? I don’t really know.
And as far as HOW MANY of each set were issued, well, the COAs state that the combined total of black and blue sets was ”strictly limited to no more than 20k sets.”
In the black set video I showed an email from the Bank of Mexico in which they claimed they had actually produced all 20k sets, which I no longer believe to be accurate.
But based on that email, my theory was that 10k of each set were assembled, just not entirely released. That was also in part based on seeing several COA’s with numbers greater than the official mintage of 6,981. BUT… since then, I have also heard from someone who purchased a couple of these sets when they were first released and he said that they were randomly pulling COA’s from a big bag, and putting them in the sets as they were being sold, which could explain why a few sets got higher numbered COAs.
So, it’s most likely that the total number of both black and blue sets assembled was no more than 6,981. We still have no way of knowing, as of yet, how many of each presentation were assembled or released, but what we do know is that the blue set is much more scarce. One theory to explain that, would be that the black sets were produced to be sold to the general public, while it’s possible that the blue sets were created for a specific occasion or group of people, say like the employees of the bank of Mexico.
But even when we look at the total of BOTH presentations, assuming it was fewer than 7 thousand sets, that’s a very low number.
Also, keep in mind that unlike US proof sets which have been minted every year since “forever”, Mexican proof sets are exceptional and are not taken for granted by collectors. For example, in the same span of time that the US Mint has produced 78 yearly proof sets, Mexico has produced a grand total of 2 or 3, depending on how we count! But, the point is, if you own a Mexican Proof Set, it’s pretty special.
Beyond simply having an ultra low mintage, this set contains the only proof coins minted with the NEW PESOS denomination. Which holds historical significance. After runaway inflation in the 70s and 80s, Mexico decided to introduce a new monetary unit which would equal 1,000 pesos of the previous unit. In other words, three 0’s were removed from the peso. The new transitory unit was denominated in New Pesos which were minted from 1992 until 1995.
Негізгі бет The Blue 1995 Proof Set with New Pesos!
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