Mexico 50 Pesos Gold Coin

This coin contains no surprise 37 5 grams of pure gold oro puro and this is where it gets its value.

Mexico 50 pesos gold coin.

The addition of copper during the minting process gives the coins a density that gold alone cannot offer. Today the mexican 50 peso gold coin 1 2 oz is a world bullion coin which stands besides the krugerrand and austrian 100 corona in popularity. 1947 mexico gold 50 pesos 1 2057 oz gold 37 5 grams gold. Minted in mexico city by the mexican mint banco de méxico the gold peso contains 90 fine gold and 10 copper.

Like the us gold eagle the mexican 50 peso gold is alloyed with a small amount of copper to make it more durable. Mexican 50 pesos gold coins are often referred to as centenarios. The 50 peso mexican gold coin is more commonly known today as the gold centenario so called because it was first issued in 1921 by the mexican mint to commemorate 100 years of mexican independence from spanish colonial rule. Their first year of issue was 1921 to celebrate mexico s 100th anniversary of independence in 1821.

The coins were issued regularly from 1921 to 1931 with production restarted in 1943 to meet rising demand for gold coins. The coin is not intended to be used as currency. With the inclusion of copper gold pesos were able to resist the damage of circulation. 50 pesos gold coins are some of the most impressive gold coins in the world.

The face value of 50 pesos is for legal purposes only and does not reflect the actual value of the gold content. To figure out the value first convert grams to troy ounces. Collecting a date run of the series can be fun and challenging. 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.

Minted in mexico city the 50 peso coins include 90 fine gold and 10 copper. The addition of copper during the minting process gives the coins a density that gold alone cannot provide. Mexico 50 pesos 1921 to 1947 wow what a beautiful coin. Mexico 50 pesos can be purchased typically for a little more than 2 over metal value.

This makes the 50 peso one of the least expensive gold coins available. About mexican gold pesos each 50 pesos gold coin contains a little over one ounce of gold. For a gold bullion buyer that also has an interest in collecting the mexico 50 peso is an ideal coin.