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United States of Mexico Gold Bullion Coin - Restrike

United States of Mexico Gold Bullion Coin - Restrike
Fineness: .900 Actual Gold Content: 1.2057 troy ounce (37.5 grams)
Minted face value: 50 Pesos

Mexican 50 Pesos gold coins are often referred to as Centenarios. Their first year of issue was 1921, 100 years after full Mexican independence from Spain was achieved under General Agustin de Iturbide. Since they were minted to celebrate Mexico's 100th anniversary of independence, the date 1821 is featured on the obverse of these coins. Gold bullion coin investors wanting gold coins with small premiums should consider the Mexican 50 Pesos gold coin, which contains 37.5 grams (1.2057 oz) of gold in an alloy of 90% gold and 10% copper (21.6 karat). For durability, most gold coins in the Western World have been alloyed with copper.

First issued in 1921 to commemorate the 100th anniversary of Mexico's independence from Spain, the Mexican 50 Peso gold coin is also known as the Centenario. The Mexican 50 Pesos gold coin is strikingly beautiful and is 20% larger than the popular 1-oz American Eagle Gold coin. The obverse of the Mexican Gold Coin 50 Pesos has an image of Winged Victory, with a laurel wreath in her right hand and broken chains in her left. Two famous Mexican volcanoes, Popocatepetl and Iztaccihautl, rise in the background. The 1821 on the lower left commemorates the year of Mexico's independence. The date on the right indicates year of mintage. However, between 1949 and 1972, nearly four million pieces were struck, most likely dated 1947. These are referred to as restrikes; the earlier 50 Pesos carry small premiums over the restrikes, except for the 1921 and the 1931 coins, which can have large premiums. The reverse depicts the Mexican Coat of Arms, which is an eagle perched on a cactus with a serpent in its beak.

When Americans regained the right to own gold bullion on December 31, 1974, Mexican 50 Peso gold coins quickly became one of the gold bullion industry's standard bearers, along with the Austrian 100 Corona.

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