- Mexican Gold Coins 50 Pesos
- Mexican Gold Coins 100 Pesos
- Mexican Gold Coins Pictures
- Mexican Gold Coins With Red Ropes Meaning
Explore Mexico by collecting Mexican coins. Discover that the Mexican mint was the first coin mint established in the Americas.
The Gold Peso Coins currently available for purchase on the gold market were produced by the Mexican Mint in several denominations of 50, 20, 10, 5, 2.5, and 2 pesos, struck from.900 pure gold with 10% copper additions to increase their hardness. Each gold peso carries a different obverse design, according to the coin’s denomination. The Casa de Moneda, the Mexico City Mint, is the oldest continuously operating mint in the western hemisphere; it has been striking gold and silver coins since the 1,500s. Some of the first coins—Gold Escudos and Silver 8 Reales—were U.S. Legal tender all the way up to 1857. Today, the Casa de Moneda strikes Gold and Silver Mint State Libertads and Proof Libertads. This coin is often compared to America's most beautiful coin, the $20 Saint-Gaudens. The obverse also lists the face value ('50 PESOS'),the gold content, and the date of issue opposite the date of Mexican Independence,1821. As a side note, coins dated 1943 only have a variation of this design.
Collecting world coins from Mexico is going to be an enjoyable learning experience. You will not only discover the history of Mexican coins, you will also know about the history of the country. Eventually, this will make you understand more their culture, heritage, and people. Explore Mexico by collecting Mexican coins that worth money.
Here are some ways to start the Mexican coin collection
1.) Learn the history of coinage in Mexico
To deepen your appreciation of collecting Mexican coins, go learn about the complex history of Mexican coinage. Discover what was the medium of exchange used by Mexican merchants for their trade when coins did not exist yet. Read books, read articles, and trace the beginnings and developments of the Mexican peso.
It is also worthy to note that the Casa de Moneda de Mexico (Mexican Mint) is the first coin mint in the Americas. It was established in 1535 when the Viceroy Antonio de Mendoza arrived to the New Spain (a political unit of Spanish territories in North and Central America and Asia Pacific).
De Mendoza brought a royal order from the Spanish monarch to build the first mint in America. For more than 300 hundred years, the silver and gold coins produced by the Mexican Mint were the basis of money circulating in the country and became export products.
2.) Identify Mexican coins
There can be plenty of coins you will find in Mexican numismatics. It is very important that you know how to identify Mexican coins, know their coin prices, their historical and numismatic significance, and more.
Types of valuable Mexican coins
Rare Mexican coins worth money
Collecting rare Mexican coins can be a bit challenging but fulfilling at the same time. There is no greater sense of achievement when a numismatist locates a valuable rare coin and gets to own it.
Aside from being challenging, rare Mexican coin collecting can be an expensive hobby too.
An example of a rare Mexican coin that worth money is the 1988 Mexican 500 peso gold coin. It is a commemorative issue of the 50th Anniversary of Nationalization of Oil Industry with gold composition (.900) and weighs 17.28 grams. This coin is so rare that many coin collectors have not seen one of these coins over the years.
Silver coins of Mexico
One of the most famous Mexican silver coins is the Libertad. First introduced in the 1940s, the silver Libertad was not minted for many years and was only produced again in the 80s.
Currently, the Mexican Mint produces modern and exquisite Mexican Libertad silver bullion coins primarily for bullion coin investors and to collectors as well. The Libertad also come in gold.
Mexican gold coins
The Mexican gold coins are composed of ancient pieces to modern numismatic items. The Aztec Empire was famous for their use of gold in various artifacts, accessories and coins while during the Spanish rule, gold escudos were produced and used.
Mexican Gold Coins 50 Pesos
When Mexico gained its independence its coinage remained based on the Spanish currency (e.g. Mexican gold peso) until 1864. Today, examples of famous Mexican gold coins are the bullion coins 1 Onza and Mexican 50 peso gold coin.
Mexican error coins
Coin errors are mistakes that occurred during the minting of coins. The mint mistakes on Mexican error coins would vary from off-centering, die breaks, to misstrikes and these errors are most common on centavo and/or peso coins.
Uncirculated Mexican coins
Collecting uncirculated Mexican coins are worth your time and investment. Most of these uncirculated coins are valuable Mexican coins and sometimes rare. You can buy these coins from a local coin dealer shop or from reputable online coin stores, be sure that the coins are PCGS and NGC certified.
Examples of uncirculated coins you can buy online are the Mexican 5 peso silver coin that honors the last Aztec King and the 1921 Gold 50 Peso Mexican coin, the latter will cost you $4,000 USD to have the gold coin in your collection.
The Mexican money: circulating coins
Of course, above everything else, there is the Mexican money which is composed of peso and centavo coins. Collecting the circulating coins of Mexico is one exciting feat indeed. You can collect by denomination, by year or by every change in design. It is quite easy but enjoyable.
3.) Choose what Mexican coins to collect
Because of the countless possibilities in collecting Mexican coins, it is important to set your purpose to set your direction in the hobby. Decide what coins you would want to focus on.
If you are a lover of history, then collect old Mexican coins like coins from the Aztec Empire, the era of Spanish rule, to the Independence Movement and so on.
If you are after the beauty and condition of the numismatic piece, collecting high graded coins will suit your fancy. If you are a numismatist who is in for a little challenge, try rare Mexican coins.
But if you are the collector who wants to keep it simple and fun, go for the circulating coins – the Mexican peso and centavo coins. On the other hand, for those who intend to invest on gold coins and other bullion coins, Mexican silver coins and gold coins are ideal.
4.) Buy Mexican coins wisely
Being a wise buyer is being a wise coin collector. Know where and how to buy foreign coins like Mexican coins. Here are a few basic tips:
Buy from reputable world coin dealers
This is a common advice because it is always an effective one – look for reputable Mexican coin dealers. By reputable it means sellers who are accredited by numismatic institutions or organizations, recommended by expert numismatists, and preferably those who are in the coin business for a long time.
In case of Mexican bullion coins, it is best to buy from the coin mint.
Ensure authenticity
This is mostly important when you are buying expensive Mexican coins. To ensure authenticity of the coin, always ask for the certificate of authenticity. When it comes to graded coins, only accept the pieces evaluated by a well-established professional coin grading company.
Know Mexican coin values
Keep updated coin price guides handy. They are very helpful both in determining coin values and analyzing the changes in the coin market. Compare Mexican coin prices from different dealers and coin shops and determine the differences between prices.
Study the Mexican coins for sale
Do not go for impulsive buys. Before you purchase the Mexican coins for sale at your local coin shops, study the coin carefully. Whether out of fraud or not, you can be buying the wrong coin – it can be a fake Mexican gold coin, a wrongly attributed Aztec coin, or an overvalued rare Mexican silver Libertad.
5.) Maintain your Mexican coin collection
It is not enough that you buy your coins; the numismatic hobby also involves storing and displaying your collection properly.
Buy the right coin collecting supplies and go for tested and trusted brands. For example, Whitman and Dansco are two of the popular and recommended names when it comes to coin folders and albums.
Air-Tites are also famous for their air tight coin holders that prevent coins from being exposed to humidity, air, water, and dust.
6.) Keep yourself informed
Remember that collecting coins is a continuing journey. Keep yourself updated with news related to numismatics – newly found ancient Aztec coins, a new design of the Mexican Libertad, an upcoming auction for famous rare coins in Mexico and a lot more.
If you want to make the most of the hobby, getting left behind should not be a choice.
7.) Join numismatic clubs
Become a member of numismatic groups or clubs that concentrate on Mexican coins. Here you will find friends that share the same interests.
It will also be an avenue where you can ask coin experts about your collection of Mexican coins, or you can impart your knowledge to beginners in collecting world coins minted in Mexico.
Numismatic clubs as well sponsor events, tours, and lectures to enrich the knowledge of its members about the hobby.
The Mexican Gold Coins
Mexico is situated on a territory that is very rich in gold and silver deposits, being one of the most valuable sources of precious metals for over 500 years. Mexican Gold Coins are one of the rarest and highly appreciated gold bullion products on the market. The first of these remarkable old Mexican coins, to be sought after by passionate collectors, was the Gold Centenario coin which was struck for the first time in 1921, by the Mexican Mint. It was issued to celebrate 100 years of Independence and was made of 1.2 oz. of .900 pure gold with a face value of 50 Pesos. Gold Centenarios have been in circulation twice: between 1921 and 1931 and between 1943 and 1947. Gold Centenarios issued after 1947 are all reproductions that carry the same 1947 date inscription. These gold coins served as an inspiration for releasing one of the newest Mexican Gold Coins, the Mexican Libertad, struck bearing the same design up until 2000. Another very popular design of old Mexican Gold Coins belongs to the Mexican Gold Peso, which has been in circulation since the 19th century and the early years of the 20th century, carrying face values from 2 to 20 Pesos. Mexican Gold Coin values are established according to their historical value and gold metal content. These coins are very rare and unique collectibles, so they are very appreciated by collectors and investors all over the world.
Mexican Gold Coins 100 Pesos
The Mexican Mint
“La Casa de Moneda de México”, commonly referred to as the Mexican Mint, is one of the oldest mints in the world. In 1521, when Spain took over the Aztec Empire, it immediately proceeded to expand its colonial empire to American territories rich in silver and gold. The first step in this expansion was the establishment of the first mint in 1535, through a decree of the Spanish government. During this period of time, New Spain was taken over by Viceroy Antonio de Mendoza, aside from Mexico and Mexico City, New Spain included the territories of Cuba, Haiti, Jamaica, Puerto Rico, Dominican Republic, Cayman Islands, Bay Islands, Trinidad, and Philippine Islands.
The Mexican peso was the first coin to be minted by the Mexican Mint, followed by the maravedis and reals. The mint also provided the basis for the monetary programs of the US dollar, Japanese Yen, and the Chinese Youan, and also produced the eight-real Spanish dollar coin (the first old Mexican pesos). Mexico gained its independence in 1821, however in 1925, the Mexican National Central Bank, also called Banco de Mexico, started to govern the Mexican Mint. The mint’s facility has since been relocated to San Luis Potosi, and its original production building is now the Mexican National Cultural Museum.
Mexican Gold Coins Sizes and Designs
Mexican Gold Coins Pictures
Mexican Gold Coins are available in various size options due to the fact that many old Mexican coins were produced in different and uncommon sizes. For example, old gold Mexican pesos were struck in 0.0482 oz. (2 Pesos), 0.0601 troy ounces (2.5 Pesos), 0.1205 troy ounces (5 Pesos), 0.2411 ounces (10 Pesos), 0.4823 ounces (20 Pesos) and 1.2057 troy ounces (50 Pesos) all made of .900 pure gold and 10% of copper alloy. Gold Libertads are produced in 1 oz., ½ oz, ¼ oz., 1/10 oz. and 1/20 oz. weight options in both uncirculated and proof-like versions.
The Mexican Peso Gold Coins
Mexican Peso Gold coins are the oldest pieces of Mexican coinage history. All Gold Pesos carry the same design on the reverse side – the Mexican Coat of Arms which is represented by a golden eagle that holds a serpent in its beak while perched on a cactus, along with the engraving “Estados Unidos Mexicanos”. The obverse side design of each Gold Peso coin is different in accordance with the coin’s denomination. The 2.5, 5 and 10 Gold Pesos carry the same depiction of Don Miguel Hidalgo y Costilla, the leader of the Mexican War of Independence, surrounded by the coin’s face value, and mintage year inscriptions. The 2, 20 and 50 Gold Pesos have distinct obverse designs. The 50 Gold Peso is commonly referred to as the Gold Centenario coin which was released in 1921. These coins feature the image of the Winged Victory on the obverse side of the coin, surrounded by the famous Mexican volcanoes and the “1821” engraving, as well as the coins mintage year, denomination, purity and weight inscriptions.
The Mexican Libertads Gold Coin
Mexican Gold Libertad coins are the official gold bullion coin of the Mexican government issued for the first time in 1981. The yearly design of this coin, prior to 2000, was inspired by the Centennario Gold coin, issued in 1921, and features the depiction of the Winged Victory surrounded by the two peaks of Mexico’s famous volcanoes. The reverse side of the coin features the same representation of the Mexican Coat of Arms featured on all Mexican Peso coins. Modern Gold Libertads produced from 2000 feature the new depiction of the Winged Victory as her statue in the Mexico City placed on a column in front of the volcanoes. The reverse design of the coin was changed only for the 1 oz. size – the Mexican Coat of Arms is surrounded by its 10 historical versions. The Mexican Gold Libertad coin is produced in five size options of 1 oz., ½ oz., ¼ oz., 1/10 oz. and 1/20 oz. in both brilliant uncirculated and proof-like versions.
Mexican Gold Coins With Red Ropes Meaning
If you have any questions about these Mexican Gold coins, please do not hesitate to contact us at 800.852.6884. You can also reach a Bullion Exchanges customer service associate online through use of our live chat feature, or by email at info@bullionexchanges.com.