Mexican 50 Peso Gold Coin
The Mexican 50 Peso Gold Coin is a favorite among the Sound Monetarists at Veldt Gold. Weighing 20% more than the American Gold Eagle, it has the feel of money as you hold it in your hand like no other coin. The 50 Peso mintage, also known as the Centenario, commemorates the 100 year anniversary of Mexican Independence from Spain. “Freedom and Independence” are the embodiment of this coin as this is the phrase stamped on the rim of the Centenario in Spanish “Independencia y Libertad”. Today, with Bitcoin representing the same ethos as the Mexican 50 Peso Gold Coin, means these two commodities are a fine match for each other.
The obverse of the Mexican 50 Peso Gold Coin contains its weight in gold, 37.5 grams of pure gold, “Oro Puro.” The obverse also contains a rendition of El Ángel, a famous landmark in Mexico City that also commemorates Mexican Independence. Behind the Angel of Independence are the two volcanoes,Popocatepetl and Iztaccihautl, cherished in Mexica folklore. The reverse of the Centenario contains the world famous Mexican Coat of Arms.
There are two years depicted on the bottom corners of the Centenario, 1827 for the year of independence and to the right the year of mintage for the Gold 50 Peso.
However, between 1949 and 1972 there were more than 4 million of the Gold Centenario’s struck, most likely with the year 1947. These are known as restrikes and carry little premium over spot. If you happen to have one of these coins with the years 1921 and 1931 your coin may fetch you a higher premium.
The Mexican 50 Peso Gold Coin is a solid choice when contemplating sound money solutions as the premium you pay for gold over spot is less than almost any other gold product in our catalog. Call or email us today if you any questions regarding the Gold Centenario.
Please do not hesitate to contact us with any questions about this or other bullion products that we have for sale on our website. We would also be happy to answer any of your queries over the phone. Please also visit our information pages for more details on gold and silver investment basics, Bitcoin, and our policies.
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