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You have what is known as an "old pesos" coin. In January 1993, the Mexican government introduced the new peso, worth 1,000 of the old pesos and divided into 100 centavos, to simplify foreign exchange. Current exchange rates are based on these "new pesos". Your old pesos coin has become essentially worthless for exchange. And there were far too many of them minted to be considered a collectors item. You'll find them in coin dealer miscellaneous foreign coin bins for 5/$1.00

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Q: What is a 1985 175th anniversary of Mexico 200 peso coin worth?
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