Pesoteca · Mexican numismatic catalog Pesoteca

Puerto Progreso Founding Centennial Medal (1971)

Reverse
Obverse

Silver · 1971

How much is the coin Puerto Progreso Founding Centennial Medal (1971) worth?

The market value of the coin Puerto Progreso Founding Centennial Medal (1971) is not yet documented with enough data to give a firm range. Weigh and measure your piece, compare it against the specifications, and check the forum for a second opinion.

The real price depends on four factors: the grade of preservation (a circulated piece is worth the low end of the range; an uncirculated one, or one still in its official blister pack, the high end), the finish (satin vs mirror/proof), the rarity within the series based on the mintage, and the metal spot price on the day of the deal when the piece is silver or gold. Check the value-by-grade table above and compare with equivalent pieces before buying or selling.

Where to buy or sell this coin?

Browse the national directory of numismatic shops or the community forum to trade directly with other collectors.

Historical context

This silver medal commemorates the centenary of the founding of Puerto Progreso in 1971, the main port of the state of Yucatán, on the Gulf of Mexico coast.

Progreso was officially founded in 1871 to give a maritime outlet to the peninsula's production, especially henequen, the fiber that made Yucatán's fortune during the green gold boom. The port replaced Sisal as the region's main shipping point.

Cataloged by Grove as 1121a, this silver piece celebrates the hundred years of the port city. Commemorative medals of city foundings document the country's local history. The striking of these issues was entrusted to medallic workshops or to the Mexican Mint, keeping in metal the memory of Mexican towns and ports.

Description

The Centenario Fundación Puerto Progreso medal, struck in 1971, celebrates one hundred years of one of the most important ports on the Yucatán coast. Worked in silver, it is a commemorative piece that combines a local historical theme with the lasting appeal of precious metal.

Its specifications are clear: 40.23 millimeters in diameter and 30.82 grams of silver. That fine metal content gives it a value floor, but what truly drives the price up is the condition, how small the issue was, and interest in the centenary it commemorates. A medal with no wear and its original case is worth considerably more than one that has been mishandled or aggressively cleaned.

How to identify and value this medal

  1. Confirm the metal. It is silver; weigh it to estimate its fine metal content.
  2. Read the legend and the motif. It commemorates the Centenary of the Founding of Puerto Progreso, which defines its historical interest.
  3. Check the condition. No scratches or harsh cleaning, with natural patina.
  4. Look for the case and the certificate if it had them: they add collector value.

For the collector, this piece is referenced as Grove, Medals of México II #1121a. Explore more pieces in the Mexican numismatics catalog and learn to read the marks in the guide on how to identify Mexican mints.

Value range of this piece

Value range without enough data for this piece.

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