Gold and silver Libertad coins have quickly gained popularity among stackers and collectors around the globe. What's the big deal? This article will teach you everything you need to know about the coin that is sure to be competing with the American Silver Eagle and the Canadian Silver Maple Leaf.
The Mexican Mint is a cultural icon of not only historic significance but also of utmost numismatic importance. Approaching five-hundred years of production, the Mexican Mint (La Casa de Moneda de Mexico) is the first and oldest mint in the Americas and is still in operation today. It was established in 1535 by the Spanish viceroy Antonio de Mendoza by a decree from the Spanish Crown to create the first Mint in the Americas. The Mexican Mint’s main duty was to process Mexican silver and Inca gold for shipment back to Spain.
Spanish Milled Dollars, known as "pieces of eight," became the ultimate trading currency of all New World colonies, regardless of nationality, and remained legal tender in the United States into the late 1800’s. The Mint's silver eight-real coins and its successor coin, the silver peso, circulated widely in the Americas and Asia well into the 19th century and became the basis of the modern national currencies, including the United States Dollar, the Japanese Yen and the Chinese Yuan. The ancient headquarters of the Mexican Mint is now the Museum of National Cultures (Museo Nacional de las Culturas) in Mexico City. Today, the Mexican peso is the currency used in Mexico and it is the 8th most traded currency in the world.
For the numismatic and investment world, the Mexican Mint produces the stunning Libertad coin series, which includes silver and gold designs struck in .999 purity. In 1989, this series included a ¼ oz. platinum issue. This design features the coin is a winged Victoria of Mexican Independence Victory Column in front of a landscape with the volcanoes Popocatépetl and Iztaccihuatl on the obverse. The reverse portrays the Mexican coat of arms. This original design is based on the Centenario gold Mexican coin. The later version of this coin has been updated to feature Winged Victoria from another angle on the obverse with the reverse displaying the coat of arms of Mexico, surrounded by historical Mexican coats of arms.
The Libertad coins are the standard of numismatic excellence, not just because of the high level of purity, but also due to the striking process of the Mexican Mint and the variety of sizes and weights. The silver Libertad coin has been designed in 1/20 oz, 1/10 oz, ¼ oz, ½ oz, 1 oz, 2 oz, 5 oz, and 1 kilo sizes for both proof and brilliant uncirculated strikes. Furthermore, the proof coin series was available in a stunning five-coin set.
The gold Libertad coin has been produced in 1/20 oz, 1/10 oz, ¼ oz, ½ oz, 1 oz sizes for both brilliant uncirculated and proof strikes. The platinum Libertad coin was only available in 1989 in the ¼ oz size with an extremely low mintage of 3,500 coins worldwide. The ultimate mega-rare three-coin set of Libertads featuring the highly desirable Reverse Proof coin, along with the Proof and Brilliant Uncirculated designs, with the extremely low mintage of only 1,000 sets, which were made for the 90th anniversary of the Banco de Mexico and sold internally to bank employees. As a result, these sets are absolutely impossible to find on the open market and are only available here at ModernCoinMart. The Mexican Libertad silver and gold coin series is a continuing series being issued every year, due to the immense growing popularity of these coins and 2020 is no exception.
The Mexican Mint produces coins that feature supreme minting quality and purity and are backed by the government of Mexico to be legal tender at its face value. The Mexican Mint is, without a doubt, a global player in the numismatic community and a tour-de-force of minting innovation. Collecting coins from the Mexican Mint is not only for professional investors who are trying to protect their wealth by using precious metals as security, but also for the average numismatist who wants to have a collection of amazing coins that showcase the combined craftsmanship and artistry, and for anyone who is trying to have fun collecting beautiful coins with low mintage. Several of these coins have even earned international industry awards. Today, these gold and silver bullion coins are the foundation of every numismatic collection, as many collectors are choosing to add Mexican Libertads to their collection.
||Oleg Zamansky is the President and CEO of Coin Maestro, LLC and is an expert in foreign coins, paper money, medals, and sets. Oleg's coin career started in 1983 when his great-grandmother gave him his first foreign coin - 1 Israeli Shequel and ever since, his numismatic journey began. According to Mr. Zamansky, "Due to frequent volatile markets, people need to secure their investments and numismatics is the best way. Coin collecting is the most educating, investment protective business today, and also quite fun." Mr. Zamansky graduated from the University of Cincinnati in 2001, became a partner at RINA Systems, LLC in 2005, and holds a 3rd degree black belt in Tae-Kwon-Do. Today, he is a member of the American Numismatic Association and the Numismatic Guarantee Corporation. Currently, Mr. Zamansky resides with his family in Cincinnati, Ohio and is a contributing writer for ModernCoinMart. His thoughts and opinions may not be shared with MCM or its staff.|