Investing in gold coins from Mexico can be a smart move for those looking to diversify their portfolio. The Mexican government has a long history of minting gold coins, dating back to the 16th century.
The Mexican Gold 50 Pesos coin is one of the most popular and widely recognized gold coins from Mexico. It's made from 99.9% gold and weighs 1.205 ounces.
Gold coins from Mexico are a solid choice for investors due to their high gold content and the country's stable economy.
What is Gold Coin Investing?
Gold coin investing is a great way to accumulate gold at an affordable price, and the Gold Peso is a perfect choice due to its low premium over the gold spot price.
The premium on the Gold Peso is among the lowest of any bullion coin, making it an attractive investment option.
You can buy Gold Pesos in various denominations, but the 50 Peso coins have the lowest premium, making up the lowest proportion of the total price.
The Gold Peso has a long history, being minted periodically from 1905 to 1972, which makes some coins highly sought after by collectors.
Pre-1949 coins, especially the 1921 and 1931 ones, tend to have the highest prices, far exceeding their intrinsic value.
To keep your investment easily divisible, consider buying smaller denominations, allowing you to sell off small amounts if needed.
The Gold Peso is a prudent investment that can be easily added to your portfolio, and its low premium makes it a great choice for those looking to accumulate gold at a reasonable price.
Mexican Gold Coins
The Mexican Gold Coins are a treasure trove of history and value. The Mexican Mint, which is located in San Luis Potosi, has been producing gold coins since the early 20th century.
After Mexico gained its independence in 1821, the country's mint operations were split into various workshops throughout the country, including the one in San Luis Potosi where the modern Mexican Mint lies today.
The Mexican Peso is the world's 8th most traded currency, and the Mexican Mint has created a range of gold bullion coins, including the 50 Peso Gold Bullion and the Centenario, which comes in denominations from 50 to 2 Pesos.
To commemorate the centennial anniversary of Mexico's independence, the Mexican Mint created these special gold coins, which have become highly valued by collectors and investors alike.
Types of Gold Coins
The Mexican Mint has produced a variety of gold coins over the years.
The two primary and most popular Mexican gold coins are the Peso and Libertads.
The Peso was introduced in 1921 to commemorate 100 years of Mexico's independence from Spain.
The Libertad gold bullion coin was introduced in 1981 to compete with other world-leading gold bullion coins like the South African Krugerrand and the Canadian Maple Leaf gold coin.
Both coins are available through coin dealers throughout the world.
Types of
The Mexican Gold Libertad is a highly coveted coin that's part of Mexico's impressive gold bullion coin lineup. Released in proof sets and brilliant uncirculated versions, it features the iconic statue "Winged Liberty" on its reverse side.
The Mexican Gold Libertad is one of the hottest products in the world of precious metals, thanks to its impressive design and purity level. Investors and collectors across North America are taking notice.
The Mexican Gold Libertad is not the only gold coin produced by the Mexican Mint. The gold Peso was introduced in 1921 to commemorate 100 years of Mexico's independence from Spain.
Certified
Certified gold coins are a great way to ensure the authenticity and condition of your investment.
JM Bullion has a wide variety of Mexican Gold Libertads certified by respected grading services.
These two certification companies, the Numismatic Guaranty Corporation and Professional Coin Grading Service, add instant value to any Mexican Gold Libertad.
Some of the grades and labels you'll see on JM Bullion include:
- Mint State 70: Considered a perfect coin, it has its full, original luster and no detracting flaws.
- Mint State 69: Considered near perfect, these coins have full, original luster, but may also feature a maximum of two minor detracting flaws, contact marks, or hairlines.
Mexican Gold Coin History
The Mexican Gold Libertad coin was first unveiled in 1981 as a bullion coin, featuring the original design sets from the gold Centenario coin.
The original design of the Mexican Gold Libertad coin was an accurate reproduction of the angel of independence, Winged Victory, striding forward with a wreath held aloft in her right hand and broken chains in her left.
The wreath in her right hand and the broken chains of colonialism represent the push for freedom by Mexican people. In the background, the twin volcanic peaks of Popocatepetl and Iztaccihuatl rise to meet the horizon, named for a pair of ancient Aztec lovers.
As of 2000, the Mexican Gold Libertad features a new, updated design, with the statue of Winged Victory in a side-profile relief, reaching her right arm out in front of her to hold aloft the wreath.
The modern coat of arms for Mexico is featured on the reverse side, with the phrase "Estados Unidos Mexicanos" above and a wreath below. Surrounding the image, you'll now see 10 historic versions of the coat of arms used by the government since the nation gained independence.
The Mexican Gold Libertad coin is closely tied to its silver counterpart, and its design is based on the 1921 Centenario gold coin featuring the "Winged Liberty" statue.
Mexican Gold Coin Specifications
Mexican Gold Peso coins are minted with a mix of 90% fine Gold and 10% copper, which provides them with a hardness that pure gold alone cannot provide.
The Gold Peso coins were issued in various denominations, including 2, 2.5, 5, 10, 20, and 50 pesos, each with different weights and gold content.
The purity of each denomination remains the same: 90% or 21.6 karats.
The obverse of these coins features the Mexican Coat of Arms, which shows an eagle perched on a cactus in the middle of a lake with a snake in its beak.
The reverse design varies by denomination but features iconic Mexican imagery.
Here's a breakdown of the specifications for each denomination:
Prices for Mexican Gold Peso coins vary based on market conditions, but they're valued by investors for their gold content.
Collecting Mexican Gold Coins
The Mexican Mint has a rich history, with its production split into various workshops throughout the country after Mexico gained independence in 1821.
The modern Mexican Mint is located in San Luis Potosi, where it currently operates and produces coins.
New minting electric technologies enabled the Mexican Mint to regain its own coinage production by the early 20th century.
The Mexican Mint created the 50 Peso Gold Bullion and the Centenario to commemorate the centennial anniversary of Mexico's independence.
Today, the Mexican Peso is the world's 8th most traded currency.
Many past issues of Gold Libertads have low mintages, making them of interest to collectors.
The 2020 gold proof Libertad coins have some of the lowest mintages of the entire series to date, at 250 for each of the five minted sizes in the proof finish.
Mexican Gold Coin Mintage
The Mexican Gold Coin Mintage is a fascinating topic. The Mexican Mint has a rich history of producing high-quality gold coins, with some of the most notable ones being the 50 Peso Gold Bullion and the Centenario.
The 50 Peso Gold Bullion, for instance, has a gold content of 37.5 grams and a diameter of 37.08 mm. It's a significant coin that commemorates the centennial anniversary of Mexico's independence.
The mintage dates for the 50 Peso Gold Bullion span from 1921 to 1931, 1943, 1944-1947, 1949-1972, 1996, and 2000-2009. This means that if you're looking to collect a specific year, you'll need to check the mintage dates carefully.
Here's a breakdown of the mintage dates for various Mexican gold coins:
The fineness of these coins is 0.900, which means they are 90% gold and 10% copper. This is a significant fact to keep in mind when collecting or investing in these coins.
Where to Buy
If you're looking to buy Mexican gold and silver coins, I highly recommend checking out online stores that offer user-friendly platforms.
These stores are supported by comprehensive worldwide delivery options, so you can rest assured that your coins will arrive safely at your doorstep.
With robust insurance coverage in place, you'll have peace of mind knowing that your investment is protected.
Seamless Global Delivery
You can easily acquire Mexican gold and silver coins through online stores that offer comprehensive worldwide delivery options. This makes it simple to add these coins to your collection from anywhere in the world.
Their robust insurance coverage ensures peace of mind, so you can feel confident in your purchase. Returning a coin is hassle-free, and you won't be charged restocking fees or similar charges.
Other
You can also try your local farmers' market or roadside stands for some unique finds. Many farmers' markets and roadside stands now accept credit cards, making it easier to shop on the go.
Some popular online marketplaces like Amazon and Etsy often have a wide selection of handmade or specialty items. Amazon's FBA program allows sellers to store their products in Amazon's warehouses, ensuring fast and reliable shipping.
Roadside stands and farmers' markets are a great way to support local businesses and get fresh produce. Look for signs that indicate which stands accept credit cards or offer other payment options.
Many online marketplaces also offer shipping options that allow buyers to track their packages and receive updates on delivery status. Etsy's shipping labels, for example, can be printed directly from the website.
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