Mexican 50 Peso Gold Coin – A Very Special Mexican Gold Coin
By Christina Goldman | March 14, 2009
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.
The Mexican 50 Peso gold coin was issued in 1921 to commemorate the 100th anniversary of Mexico’s independence from Spain. It is the first ever such gold coin issued and therefore is also known as the Centenario.
The coin displays an image commonly known as “Winged Victory” and is a truly beautifully rendered specimen. She carrys a laurel wreath in her right hand and a segment of broken chains in her left hand. Behind the image of Winged Victory can be seen two of Mexico’s most well known volcanoes. 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.
Known as restrikes, roughly 4 million specimens of this particular coin were minted between 1949 and 1972. However, 50 Peso denominations of Mexican gold coins that were minted in 1921 in 1931 and also those produced before 1949 are considered the favorites. The reverse side of the coin features the Mexican coat of arms. An eagle delicately balanced on a cactus holding a serpent in its beak is also displayed.
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!
You can find great prices and selection on Mexican Gold Bullion coins such as the truly magnificent Mexican 50 Peso gold coin at: http://BullionBargains.com
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