Gold Mexican 50 Peso Coin

Gold Mexican 50 Peso Coin
Brand: Mexican Mint
Product Code: GMPeso
Availability: In Stock
Price: $1,624.60
Qty:  
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Available in one 50peso coin increments.

Commemorating Mexico’s freedom from Spanish rule, the Centaro, or 50 Mexican Peso gold piece, is a historical Mexican gold coin that offers excellent bullion value. The Mexican Peso's low premium over spot makes it an affordable item for investors looking to diversify their bullion portfolio.

First minted in 1921 and believed to be one of the largest gold bullion coins minted for currency, it measures 37 mm in size and contains 1.20565 Troy ounces of pure gold with a fineness of .900 for a net gold weight of 37.5 grams. On the obverse of the Mexican Peso coin, a portrait of the Winged Victory (El Angel) is featured with the iconic Mexican volcanoes Ixtaccihuatl and Popocateptl to either side in the background. It shows the date 1821 to the left, to mark the first year of Mexico’s independence from Spain. The reverse features the Mexican coat of arms with an eagle holding a serpent in its beak while perched atop a cactus.

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