Login
    Create account
    cnnee
    cnnee
    625
    16k
    1k
    359k
    4k

    Mexico's Axolotl Banknote: A Collector's Item Worth Millions

    Mexico City, Mexico – A distinctive trend is sweeping across Mexico, as millions of citizens are choosing to collect the 50-peso banknote, largely driven by its unique design featuring the axolotl. According to a 2024 survey conducted by the Bank of Mexico, nearly 10 million people are now holding onto these polymer notes, transforming them into cherished collector's items rather than circulating currency. This widespread practice has significant economic implications, with an estimated US$26.4 million in 50-peso banknotes now being held in private collections, effectively removing them from the national economy. The note, which depicts an axolotl, an endemic salamander native to the Valley of Mexico, has captured the public's imagination. "This small 50-peso banknote, equivalent to about $2.60 US dollars, has become a collector's piece," stated Mario González, a CNN presenter, showcasing the purple-hued bill. He added that some collectors possess more than 20 of these notes. The axolotl's popularity extends beyond the banknote, with various merchandise featuring the creature readily available. The 50-peso note itself has received international acclaim, winning the prestigious Bank Note of the Year award in 2021 from the International Bank Note Society (IBNS), further solidifying its appeal. This phenomenon underscores a fascinating intersection of culture, numismatics, and economics in Mexico.

    Avatar
    El billete de colección que tiene cautivado a los…

    El billete de colección que tiene cautivado a los mexicanos y que en un futuro …

    El billete de $50 pesos con el ajolote se ha convertido en un objeto de colección en México, con cerca de 10 millones de personas guardándolo por su …

    Cover
    4 days ago
    MX
    Mexico City, Mexico
    report
    economy
    Mexican Government Accused of Covering Up Money Laundering Linked to High-Ranking Officials
    Mexican Government Accused of Covering Up Money Laundering Lin…
    latinus_us
    1w ago
    MX
    764k
    Bolivia's Parallel Dollar Rollercoaster: Peak in May, Current Decline, and Future Uncertainties in 2025
    Bolivia's Parallel Dollar Rollercoaster: Peak in May, Current Dec…
    redunotv
    3d ago
    BO
    867k
    Parallel Dollar in Bolivia Hits Lowest Value Since May: Experts Weigh In on Economic Factors
    Parallel Dollar in Bolivia Hits Lowest Value Since May: Experts W…
    unitel.bo
    3d ago
    BO
    300k
    Local Collector Begins Search for New Oxxo Plushies in Puebla
    Local Collector Begins Search for New Oxxo Plushies in Puebla
    majoween_
    5d ago
    MX
    1M
    logo
    newstik.info@gmail.com