Mexican 50 Pesos Gold Coin Centenarian 1821 - 1921 Original Striking Rare Coin

Description: The **Mexican 50 Peso Centenario Gold Coin**, commonly known as the **Centenario**, is one of the most iconic and valuable gold coins in the world. Issued by Mexico in **1921**, it commemorates the **100th anniversary of Mexico's independence** from Spanish rule. Here’s an in-depth look at the key aspects of this coin: ### 1. **Historical Significance** - **First Issued**: 1921, marking the centenary of Mexico’s independence in 1821. - **Purpose**: It was initially minted as a commemorative coin, but over time, it became popular with investors and collectors due to its gold content and striking design. - **Production**: Although the coin was minted from 1921 to 1947, there were restrikes made by the Mexican Mint in later years, with many restrikes bearing the 1947 date regardless of the actual minting year. ### 2. **Physical Specifications** - **Gold Content**: The coin contains **1.2057 troy ounces** (37.5 grams) of fine gold. - **Total Weight**: 41.67 grams (around 1.34 troy ounces), including a small amount of copper alloy for durability. - **Purity**: The Centenario is made of **22 karat gold** (90% gold and 10% copper). - **Diameter**: 37 mm (1.46 inches). - **Thickness**: Approximately 2.69 mm. ### 3. **Design Features** - **Obverse (Front)**: The obverse features a striking depiction of **Winged Victory (El Ángel de la Independencia)**, the iconic symbol of Mexican independence. In her right hand, she holds a laurel wreath, symbolizing victory, and in her left, she holds broken chains, representing freedom. In the background are Mexico’s famous volcanoes, **Popocatépetl** and **Iztaccíhuatl**. - **Reverse (Back)**: The reverse side of the coin displays the **Mexican coat of arms**, featuring a golden eagle perched on a cactus with a snake in its beak and talons. This design reflects the legend of the founding of Mexico City (Tenochtitlán). Surrounding the eagle is the inscription "Estados Unidos Mexicanos" (United Mexican States). - **Denomination**: The coin has a face value of **50 Pesos**, but its intrinsic value far exceeds this due to its gold content. ### 4. **Investment Value** - **Gold Bullion**: The Centenario is popular among investors as a **bullion coin**, given its high gold content and historical appeal. The value of the coin is primarily based on the current price of gold, plus a premium for its rarity and design. - **Resale Value**: It is often sold and purchased at prices close to its **melt value**, making it an attractive choice for gold investors. However, depending on the condition, year, and whether it is a restrike or original, collectors may pay a premium. - **Liquidity**: The Centenario is highly liquid, meaning it can be easily bought and sold due to its recognized gold content and status as a trusted gold bullion coin. ### 5. **Restrikes** - **Restrike Years**: Although the coin was initially minted between 1921 and 1947, the Mexican Mint produced restrikes in large quantities, often dated **1947**, into the 1970s and beyond. - **Differences**: While restrikes are not considered as historically significant as the original 1921-1947 mintings, they carry the same amount of gold and are equally valued for bullion purposes. ### 6. **Popularity Among Collectors and Investors** - **Appeal**: The Centenario is admired for both its design and gold content. Investors appreciate its large size and weight, while collectors seek the coin for its historical significance. - **Market Demand**: The demand for these coins fluctuates with the price of gold, but they are consistently sought after, especially in times of economic uncertainty when gold is seen as a safe-haven asset. ### 7. **Notable Facts** - **El Ángel**: The Winged Victory design on the coin is based on the Angel of Independence monument in Mexico City, which was completed in 1910 to celebrate the centennial of Mexican independence. - **Large Format**: The Centenario is larger than most standard gold bullion coins, such as the American Gold Eagle or the Canadian Gold Maple Leaf, making it distinctive. ### Conclusion The **Mexican 50 Peso Gold Centenario** is not only a significant piece of Mexico’s history but also a sought-after gold bullion coin. Its high gold content, stunning design, and historical importance make it a prized possession for both collectors and investors alike.

Price: 12000 CAD

Location: North York, Ontario

End Time: 2024-12-12T06:30:17.000Z

Shipping Cost: 28.62 CAD