From “south of the border” comes one of the most durable and cost-effective gold coins on the market today. The Mexican Gold Peso is sought by both investors and collectors – for its tremendous value and investment potential and for its historical value. Up until the introduction of the South African Kruggerrand in 1967, the Mexican Gold Peso was considered the purest gold coin in the world.
Continue reading for some quick facts, investment insight and a brief history of the Mexican Peso gold coin.
Mexican Peso Gold Bullion Coin - Quick Facts and Brief History
|Type||Bullion (Investment)/Numismatic (Collectors)|
|Mintage||1921-1931, 1944-1947, 1949-1972 by the Mexico City Mint|
|Weights / Denominations||1.34 Troy Ounces (41.67 grams) (50 Peso)|
|Front Design||The Gold Peso's obverse design consists of an inspiring image of Nike, the winged Roman Goddess of Victory. The design symbolizes the iconic "Angel de la Independencia" or the "Angel of Independence." In the background are etchings of two of Mexico's most iconic landmarks, the Iztaccihuatl and Popocatepetl volcanoes. The gold coin's front design also includes its face value of 50 pesos and the year of mintage.|
|Rear Design||The reverse design of the Mexican Gold Peso includes the country's coat of arms with an eagle holding a serpent in its beak. Other denominations of the peso include a portrait of Don Miguel Hidalgo, the beloved priest and leader of the effort to free Mexico from Spanish rule.|
|Brief History||The Mexican Gold Peso coin was produced by the oldest mint in North America, the Mexico City Mint. It was first issued in 1921 to commemorate the 100th anniversary of Mexico's independence from Spain. At the time, the Gold Peso was the purest gold coin produced. The Gold Pesos were produced throughout the 20th century in denominations ranging from 50 pesos to 2 pesos (face value).|
|Why Buy?||Gold Pesos represent a cost-effective option for investing in precious metals. Due to the limited supply but relatively low demand, both investors and collectors find the Mexican Gold Peso very appealing. The gold coin also contains a copper alloy that makes it very durable, which is another reason investors and collectors flock to it. It's also approximately 20% larger than the American Gold Eagle because of this alloy.|
|Gold Bullion Content||50 Pesos – 1.2057 troy ounces (37.5 grams)
20 Pesos – 0.4823 troy ounces (15 grams)
10 Pesos – 0.2411 troy ounces (7.50 grams)
5.0 Pesos – 0.1205 troy ounces (3.75 grams)
2.5 Pesos – 0.0602 troy ounces (1.87 grams)
2.0 Pesos – 0.0482 troy ounces (1.50 grams)
Mexican Peso (50) Gold Coin
Mexican Peso (20) Gold Coin
Mexican Peso (10) Gold Coin
Mexican Peso (5) Gold Coin
Mexican Peso (2.5) Gold Coin
Mexican Peso (2) Gold Coin
Mexican Gold Peso coins represent quite a unique way to invest in precious metals. Along with their rarity and metal content, these coins will stand the test of time. You can be confident that its luster will endure for generations, allowing you to pass on a truly unique gift to your heirs.