A gold coin collection would be incomplete without a fine set of Mexican gold coins, such as the Mexican 50 Peso gold coin. This specimen is a great investment for those collecting gold bullion coins as it is an affordable coin made of 90% gold alloy and 10% copper alloy and is one of the most durable in the Western Hemisphere.
Commemorating the 100th anniversary of Mexico’s independence from Spain, the first ever Mexican 50 Peso gold coin was issued in 1921. Therefore, it is also known as the Centenario.
A beautifully rendered specimen, the coin displays an image commonly known as “Winged Victory” carrying a laurel wreath in her right hand and a segment of broken chains in her left hand. Two of Mexico’s most well known volcanoes can be seen behind the image of Winged Victory. The date 1821 on one side of the coin indicates the commemorative year, while the data on the right will designate the year the coin was minted.
An estimated four million specimens of this particular coin were minted between 1949 and 1972, and are referred to as restrikes. The 50 Peso denominations of Mexican gold coins that were minted before 1949 are considered the favorites, as well as those minted in 1921 in 1931. The reverse side of the coin displays an eagle delicately balanced on a cactus holding a serpent in its beak and the Mexican coat of arms.
The Mexican 50 Peso gold coin contains 37.5 g troy ounce and a fineness of .900. Collectors and investors collecting Mexican gold coins should leave a space in their portfolio for this very special Mexican 50 Peso gold coin specimen. . .for a piece of history and a taste of independence!
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