One of the most durable and valuable coins on the market comes to us from Mexico. The Gold Peso’s history and valuable properties make it a highly desirable coin for coin collectors and investors alike. Continue reading to learn more about this beautiful gold coin.
DESIGN
On the front of the Mexican Gold Peso is a striking image of Nike, the Roman Goddess of Victory. Behind the goddess are etchings of the Iztaccihuatl and Popocatepetl volcanoes. The coin’s value and year are also on the front of the coin.
On the back of the Mexican Gold Peso you will find the Mexican coat of arms: an eagle holding a serpent in its beak. Some pesos, instead of the coat of arms, feature a portrait of Don Miguel Hidalgo, a priest who helped lead the fight for Mexican independence.
HISTORY
The Mexican Gold Peso was first released in 1921 by North America’s oldest mint: the Mexico City Mint. The coin was produced in order to celebrate the 100th anniversary of Mexico’s independence from Spain, and they were considered to be the purest gold coins in the world at that time.
Gold pesos continued to be released throughout the 1900s and have remained highly valued ever since. The gold peso stopped being minted in 1972; however, its beautiful design and high gold value means that it is prized by collectors and investors.
FACTS
Mexico
Mexico City Mint
Metal
90% gold 10% copper
Weight
41.67 grams
Diameter
37.08 millimeters
Thickness
2.69 millimeters
Date Issued
1921-1931, 1944-1947, 1949-1972
Face Value
50 pesos