Among other bits of news I got caught up on in Mexico City this week (the Ecobici bike share program is expanding exponentially; Mayor Marcelo Ebrard formally announced his candidacy for the presidency; and the Museo Soumaya— the museum housing the collection of the world’s richest man, Carlos Slim, is now open–if not fully operational) was this: the Nobel Prize winning Mexican poet Octavio Paz is getting his own coin. The late Paz, who would have turned 97 on March 31, was honored with a 20 peso coin issued by the Banco de Mexico.

Paz’s widow, Marie Jo Paz, said she was happy that Paz was represented on a low denomination coin rather than a higher-valued bill:

“Es lo que me gusta, que eso va a circular a una escala muy grande y no en un billete de elite, eso me da mucho gusto….”/ “That’s what I like, that [the coin] is going to circulate on a very large scale and not as a bill of the elite; that gives me great pleasure.”