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Mexican 50 Pesos Gold Bullion Coin (Best Value)

Mexican 50 Pesos Gold Coin (Best Value) Reverse
from
£2,030.91
(VAT Exempt)
Historical gold bullion coins at low premiums! These VAT-free gold 50 Pesos coins from Mexico offer a brilliant way of acquiring gold bullion at a small margin over the live spot price. Prior to 1967, the 50 Pesos was the best-known large gold coin and was issued by the Mexican Mint (La Casa de Moneda de México) from 1921. This year coincided with the centenary of the founding of the state of Mexico, and the coins were aptly nicknamed 'Centenarios'. On the obverse of each coin is a beautiful design of The Angel of Independence statue in Mexico City, holding a laurel wreath in her right hand and broken chains in her left. The denomination, fine gold weight, '1921' and year of issue surround her depiction. In the background two volcanoes can be seen: Popocatepetl and Iztaccihuatl. To the reverse is the Mexican Coat of Arms, showing a spread-winged eagle with a snake in its beak. Both sides of this attractive gold coin were designed by Emilio del Moral, and they feature the edge inscription 'INDEPENDENCIA Y LIBERTAD'. Specifications of these 0.900 fine gold coins are a total weight of 41.67 grams and a diameter of 37.00 millimetres, giving a fine gold weight of 37.50 grams (1.2057 troy ounces). The date of issue on these pre-owned coins can vary, but the vast majority will have the year date '1947'. Although they have been struck periodically since 1949, they have been 1947 restrikes and very few coins with that date have genuinely been struck in 1947. Your best value coin will be issued loose in bullion condition, which means there may be some superficial scratches or marks present, but the precious metal value of the coin won't be affected. Available with free insured UK shipping.
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VAT-free gold 50 Pesos coins from the Mexico Mint, available at low prices above the live spot price.

Obverse

Emilio del Moral's depiction of the Angel of Independence statue in Mexico City (Monumento a la Independencia), with volcanoes in the background. Inscriptions read: '50 PESOS' and '37.5Gr ORO PURO', with '1821' and the year of issue.

Reverse

Coat of arms of Mexico, also designed by Emilio del Moral. Legend: 'ESTADOS UNIDOS MEXICANOS'.

Specification

41.67 grams of 900.0 fine gold. Diameter: 37.00 millimetres. Actual gold weight: 1.2057 troy ounces (37.50 grams).

Presentation

Pre-owned bullion coin, issued loose with no additional packaging.

Condition

These bullion coins may show some very minor marks owing to mass production methods. This is perfectly normal and will not affect the bullion value of your coins. Images provided of this product are stock photos and the coins you receive will be from the same issue, having the exact same specifications.

Buy Gold 50 Peso Coins

Mexico has a strong heritage in precious metal coinage, from escudos and reales in the past to modern-day Libertads struck in different finishes for bullion investors and coin collectors. For many years, the biggest of these gold coins, the 50 pesos piece, was one of the few ways in which individuals could acquire large gold bullion coins. They were first issued in 1921.

Both sides of the Gold 50 Pesos were designed by the Mexican engraver Emilio del Moral, with the obverse (heads) side showing a stunning representation of the Angel of Independence statue in Mexico City. These 50 Pesos coins have a gold purity of 90.00%, with the remainder of the alloy consisting of copper and traces of silver. They each weigh 41.67 grams and contain 1.2057 troy ounces of fine gold.

Close to eight million coins have been struck by the Mexican Mint, with the dates available ranging from 1921 to 1931 and from 1944 to 1947. Approximately four million 50 Pesos coins were struck from 1949 until 1972, but all these coins are dated 1947 and are officially considered restrikes.

Why Are 50 Pesos Dated 1947?

Like Austria, Mexico has a strong tradition of restriking gold coinage from old dies. Restrike coins are issued with a retrospective date. For example, a 50 Pesos coin struck and issued by the Mexican Mint in 1950 with the year date '1947' would be considered an official restrike. 

We don't know for certain why the Mexican Mint didn't decide to issue 50 Pesos with the year in which they were issued after 1947. Since they were struck in large quantities to appease bullion demand, the Mint could well have concluded that the commissioning of new dies wasn't necessary. Another consideration could have been to avoid numismatic interest inflating the value of a certain year, as output in one year could have made that issue more scarce compared to other years.

Naturally, this will disappoint coin collectors as it has the effect of artificially inflating the mintage of a particular year date, making a relatively scarce coin very common. Some numismatists believe they are able to differentiate between the genuine 1947 issues and the subsequent restrikes, but this is likely down to interpretation and belief. 

Mexican Mint - Casa De Moneda De Mexico 

The Mexican Mint (Spanish: Casa de Moneda de México) can claim to be one of the oldest operating national mints in the world and the oldest in the Americas. It was established by Antonio de Mendoza in 1535, acting on a decree from the Spanish Crown. The original Mint was constructed on a portion of the site of the royal palace of Moctezuma II, the ninth Aztec Emperor.

Since 1986, the Mint has been headquartered in Mexico City with its coin production outsourced to a modern facility in San Luis Potosí State. It’s a major export mint, producing circulating coinage for many countries around the world, and also has the distinction of issuing bullion and commemorative coinage in a range of precious metals. For investors, its most well-known issues are the troy ounce Libertads, available in a range of sizes in gold, silver and platinum. Gold Pesos coins are also occasionally issued, which are restrikes of previously circulating gold coins.

Mexican 50 Pesos Mintages

A range of 15 different dates is available on the gold 50 Pesos, which was officially issued between 1921 until 1947. The coin was struck annually by the Mexican Mint, save for an intermittent period between 1932 and 1943. Restrikes dated 1947 were issued from 1949 to 1972 and from 2000 to 2017. A full list of the available dates and mintages is shown below:

Year Mintage
1921 180,000
1922 463,000
1923 432,000
1924 439,000
1925 716,000
1926 600,000
1927 606,000
1928 538,000
1929 458,000
1930 372,000
1931 137,000
1944 593,000
1945 1,012,000
1946 1,588,000
1947 309,000
1947 Restrikes (1949-72) c. 3,975,654
1947 Restrikes (2000-17) c. 473,900

What Are Pesos?

Alongside the 'Dollar', the background of Pesos can be found in the Spanish 'Pieces of Eight' (real de a ocho). The peso is translated into English as a reference to weight, which is similar to the Pound Sterling. Nowadays, eight countries with Spanish colonial heritage use the Peso as their currency, including Mexico

Its similar background to Dollar-based currencies is seen with the '$' sign commonly referenced when prices are quoted in Pesos. Occasionally the Mexican Peso is referred to as the Mexican Dollar in English, though it's more common to hear 'Peso' nowadays.

Sell 50 Pesos Coins Mexico

The Britannia Coin Company offers to buy Mexican gold coins including really competitive prices, including the 50 Pesos piece. For more information about how to get a quote for your coins then have a look at our Sell Your Coins page, or feel free to get in contact with us by telephone or e-mail for a friendly chat.

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