Caribbean Development Bank Medal (1991)

This medal is related to the Caribbean Development Bank, a multilateral financial body founded in 1969 to promote the economic and social development of the Caribbean countries. It brings together nations of the region along with external members that contribute resources and cooperation.

Mexico has maintained cooperative ties with regional financial bodies of this kind, and issues like this one often accompanied meetings, agreements, or institutional anniversaries.

Struck in silver in 1991 and of a good module, the piece belongs to the medals tied to international development bodies, of the kind distributed among delegates and authorities as a souvenir of regional financial collaboration.

What it shows: This piece is a rectangular silver ingot in the shape of a banknote, not a round medal. On one face it displays the dates "1864 1964" flanking an intertwined LM monogram and the engraved legends "PRIMER CENTENARIO DEL BANCO DE LONDRES Y MÉXICO" and "PRIMER CENTENARIO DE LA BANCA DE DEPOSITO EN MÉXICO." The other face reproduces in relief a "CIEN PESOS" banknote of the "BANCO DE LONDRES MÉXICO Y SUD AMÉRICA," with serial number 4898, the value 100 in both corners, allegorical scenes, and the signature "LONDON BANK OF MÉXICO & SOUTH AMÉRICA LIMITED."

Context: The Banco de Londres y México, founded in 1864, was the country's first bank of deposit and issue. This piece commemorates its first centennial, reached in 1964, and that is why it reproduces one of its historic hundred-peso banknotes. The available image does not match the title of the record, so the listing describes what is actually seen.

Value and collecting: It is not legal-tender currency nor did it have discharging power; it is a commemorative silver piece. Its value depends on the metal content, the state of preservation, and interest in historic Mexican banking. The shot shows patina and spotting typical of age. To compare offers, check the shops directory and to settle identification questions consult the forum.