Evening Republican, Volume 15, Number 57, Rensselaer, Jasper County, 8 March 1911 — Will Banish Old Mexican Coins. [ARTICLE]
Will Banish Old Mexican Coins.
The circulation of large 1-cent copper coins, generally known as “centavos grandes,” and also the 5-cent silver coins called “quintos,” will cease at the end of the year, and be replaced on the first of January with new, small 1-cent pieces and the others by 6-cent nickel coins. Owing to the announcement that this money will soon be out of existence, frequent incidents occur between the public and the merchants, especially in small stores, where they refuse to take those coins and the people are compelled to go to many places before they take them. To prevent such trouble, the banks and the mint will exchange those coins for new 1-cent and 6-cent pieces, and in order to prevent the lack of change in the commercial transactions and in the market, the mint will strike a sufficient quantity to furnish the public all that is needed in January of next year.—Mexico Herald.
