The Mexican Gold Pesos: A Forward-Looking Investment
Mexico is a country rich in gold and silver deposits, and the Mexican Pesos is one of the most affordable and interesting gold coins, among the most sought after for its dual potential: investment and historical value.
Mexican gold coins were minted by the Mexican mint, the 'Casa de Moneda de México', one of the oldest in the world and founded in 1535, to commemorate the revolution that led to Mexico's independence, and have face values from 2 pesos upwards.
Due to the rarity and historical value of the coins, their price is determined both by their gold content and numismatic value. The reverse of all coins depicts the Mexican coat of arms represented by the golden eagle holding a snake in its beak perched on a cactus and the inscription 'Estados Unidos Mexicanos'.
The 2.5, 5 and 10 pesos gold coins have on the obverse the same depiction of Don Miguel Hidalgo y Costilla (considered to be the initiator of Mexico's war of independence), the value of the coin in Spanish and the minting date.
The 2, 20 and 50 pesos have different designs. The 2 pesos coin on the obverse shows the date and value (DOS PESOS) surrounded by a laurel wreath. The 20 pesos coin, also known as the Aztec, features the Aztec calendar, the denomination in the legend and the pure gold content (15 g).
History of the Mexican 50 Gold Pesos
The Mexican 50 Pesos gold coin was made in 1921, among the first investment and commemorative coins, to mark 100 years since the beginning of the War of Independence against Spain.
Composed of no less than 37.50 g of gold with a fineness of 900/1000 equal to 21.6 carats, it is the largest investment coin in existence. It had a considerable circulation (12 million coins between 1921 and 1972), but, as it is no longer in production, it will in time become a coin with fair numismatic value.
On the obverse of the coin we find a beautiful engraving of Winged Victory, the work of the artist Emilio del Moral, holding, as a symbol of victory, a laurel wreath in his right hand, in his left hand symbolising the attainment of freedom a broken chain. In the background, Popocatépetl and Ixtaccihuati, the two Mexican volcanoes. The date in the bottom right-hand corner is 1821, the year in which Mexico gained its independence. The reverse depicts an eagle perched on a cactus with a snake in its beak, Mexico's national emblem.
Sought after by investors and collectors for its enormous investment potential and historical value, until the South African Krugerrand was introduced in 1967, it was the world's purest gold coin.
Its interest by investors has also made it one of the most copied and counterfeit coins. When buying it, it is best to avoid direct transactions from private individuals as numerous fakes circulate.
Why buy a gold investment Pesos
The Gold Peso produced by the Mexican Mint is one of the most popular investment coins:
- Gold has always been one of the safest precious metals for investment, which has proven to perform well even in times of conflict or economic instability.
- Investment currency in Italy is exempt from VAT
- Investing by purchasing gold coins allows you to better spread out your investment so that you can dispose of your money at any time. The small size of gold coins makes them easy to transport.
How to resell your Mexican Gold Pesos
You can disinvest your Mexican Gold Pesos at any time. Orovilla buys investment gold coins: all common gold coins, coin collections, and rare and collector gold coins. At the time of purchase we appraise the coins, check them carefully for gold content, authenticity and condition.
The possibility of selling physical gold in any form and state of preservation, at any time and place, is its advantage over other forms of investment.