Mexico Peso - Gold Pesos

Before the introduction of modern bullion coins made of pure gold, the Mexican mint Casa de Moneda de México issued the gold peso as a circulating currency. The Mexico Peso was minted in different denominations issued at different times in Mexican history. These coins include the following denominations:

• 1 peso
• 2 pesos
• 2.5 pesos
• 5 pesos
• 10 pesos
• 20 Pesos
• 50 pesos

Nominal	Weight	Fine weight	Subtlety	Diameter
50 pesos	41.667 g	37.50 g	90,0 %	37.00 mm
20 pesos	16.667 g	15.00 g	90,0 %	27.50 mm
10 pesos	8.333 g	7.50 g	90,0 %	22.50 mm
5 pesos	4.167 g	3.75 g	90,0 %	19.00 mm
2.5 pesos	2.083 g	1,875 g	90,0 %	15.50 mm
2 pesos	1.667 g	1.50 g	90,0 %	13.00 mm

The most famous of these coins is the 50 peso gold coin. The coin, called the Golden Centenario, was minted in 1921 by the Mexican Mint to mark the 100th anniversary of the birth of the Mexico. Anniversary of the country’s independence from Spain. It shows the first version of the motif of the winged Victoria, which already adorned the Libertad bullion coins. The Centenario has a face value of 50 pesos, which is considered legal tender and was minted regularly from 1921 to 1931. During World War II, it was not issued for more than a decade due to an increase in demand for gold. There were coins from 1943 to 1947 and from 1949 to 1972 with new date stamps and the commemorative date stamp of 1947. Until the introduction of the Krugerrand gold coin in 1967, it was considered the purest gold coin of one ounce. So the Mexico peso has an important historical background.

History of the Mexican Mint: Casa de Moneda de México

“La Casa de Moneda de México”, commonly known as the Mexican Mint, is one of the oldest mints in the world. In 1521, when Spain colonized the Aztec Empire, the empire began to expand its territory to areas rich in silver and gold. The first step of this expansion was the decision to establish a mint in 1535. Expansion efforts included the Spanish territories of Cuba, Haiti, Jamaica, Puerto Rico, the Dominican Republic, the Cayman Islands, the Bay Islands, Trinidad, and the Philippines.

As a result of this expansionist policy of Spain, the first old Mexican peso became the first coin minted by the Mexican mint Casa de Moneda de México. When Mexico became independent in 1821, the mint moved to San Luis Potosi.

Sizes and designs of the Mexico gold peso

Since many old Mexican coins were produced in different sizes, Mexican gold coins are available in a variety of variants.

50 gold pesos (centenario):

The original 50 peso gold coin was minted for sixteen years, from 1921 to 1947. The English translation of “centenario” means “centenary”. The size of the 50 Peso gold coin is perhaps the most interesting thing about this coin. The coin weighs 41.6 grams and is made of 90% pure gold. This corresponds to a weight of 37.5 grams of pure gold or 1.2057 troy ounces of real gold. On the face of the coin, the weight is inscribed with the inscription “37.5 Gr Oro Puro”. This is also indicated by the inscription. One of the reasons why these coins hold up so well or retain their original appearance is the 10% copper alloy inside. The diameter of the 50 gold peso is 37.00 mm.

• Front: The obverse of the coin is modeled after the winged Roman god of victory. It was designed by Emilio del Moral. The Angel of Independence holds a bay leaf in his right hand and a torn chain in his left. In the background you can see the famous Mexican volcanoes Popocatepetl and Iztaccihautl. On both sides of the winged angel, 1821, the year of Mexico’s independence from Spain, is engraved. The coins were minted regularly from 1921 to 1931. Production resumed in 1943 to meet the increasing demand for gold coins. All coins in the collection issued from 1949 to 1972 usually bear the date 1947.
• Back: The reverse of the 50 Peso gold coin depicts the Mexican coat of arms. It depicts an eagle sitting on a cactus and feeding on a snake. The inscription “ESTADOS UNIDOS MEXICANOS” surrounds this effigy.

20 Gold Pesos (Azteca):

The 20 Peso gold coin is the second largest face value in the coin series. It contains 15 g of pure gold. The diameter of the coin is 27.50 mm. Due to its financial value or historical significance, the Mexican 20 peso gold coin is an impressive currency that collectors and investors around the world want to own. The Mexican 20 peso gold coins were produced from 1917 to 1959. The design of the gold peso from Mexico is considered by many investors to be one of the most beautifully designed gold coins of all time.

• Front: The obverse of the coin depicts a very detailed representation of the ancient Aztec calendar stone. Below it is the inscription “Veinte Peso” and below it the inscription “15 g ORO Cigar”.
• Back: The reverse of the coin proudly depicts the official Mexican coat of arms. This exciting emblem depicts the Mexican golden eagle perched on a cactus, taming a snake with its powerful beak and claws. It serves as a symbol of independence from Spain. The inscription “Estados Unidos Mexicanos” surrounds the coat of arms.

10 gold pesos:

The Mexican 10 Peso gold coin is the third largest face value in the series. It was manufactured between 1905 and 1959. It shows the bust of Miguel Hidalgo, who is considered the “father of the Mexican nation”. In addition, the “M” on the obverse of the coin indicates that it was minted by the Mexican Mint. It weighs 7.5 g of pure gold. The diameter is 22.50 mm.

• Front: The obverse of the coin proudly depicts the portrait of Don Miguel Hidalgo Costilla. Hidalgo, who was originally a priest, played a leading role in organizing civilians during the Mexican War of Independence. On the left side of the coin is the inscription “Diez Peso” and on the right the year of issue.
• Back: On the reverse of the coin is an engraving of the Mexican national coat of arms. This image shows a Mexican eagle standing on top of a cactus. It fights a snake with its powerful beak and claws. Above the coat of arms is the inscription “Estados Unidos Mexicanos”.

5 gold pesos:

Was produced between 1905 and 1955 by the Mexican Mint. The coin contains 3.75 g of pure gold. The 5 Peso gold coins have a diameter of 19.00 mm. Like all other coins, this one has a purity of .900.

• Front: The design depicts the portrait of the Mexican hero Don Miguel Hidalgo Costilla on the obverse, as well as on the 10 peso gold coin. Considering its historical significance, the artists have succeeded in depicting the intricate details of this inspiring figure. From the features of his face to the curls of his hair, great care has been taken to create an impressive image of the bust. The inscription “Cinco Pesos” runs from the left corner along the edge of the medallion. On the right side of the bust is the date of minting and in the lower centre is the mintmark.
• Back: The reverse side of the coin proudly depicts the Mexican coat of arms. It symbolizes a faith that was an important hope during the Spanish oppression. The coat of arms also bears the words “Estados Unidos Mexicanos”.

2.5 gold pesos:

The Mexican gold coin of 2.50 pesos was first introduced in 1918 by the famous Banco De Mexico. It was minted until 1948. It has a weight of 1.875 g of pure gold.

• Front: On the face of the coin, as with the 10 and 5 peso gold coins, is the portrait of Don Miguel Hidalgo Costilla, a famous priest who led an army of civilians into battle in the Mexican War of Independence. The inscription “Dos y Medio Pesos” is located in a semicircle in the center. Next to this inscription is the date of minting of the coin.
• Back: As with all Mexican pesos, the back features the coat of arms of Mexico, which depicts a golden eagle sitting on a cactus and eating a snake. The text “ESTADOS UNIDOS MEXICANOS” is printed in a semicircle above the image.

2 gold pesos:

From 1919 to 1947, the 2 peso gold coins were minted and consists of 1.50 g of pure gold and has a diameter of 13.00 mm. It is a good starting point for those who want to start collecting gold and for investors who want to invest a small amount.

• Front: The obverse of this coin is kept simple. In the center is the inscription “DOS PESOS”. The date of minting is at the top center.
• Back: The reverse of the coin is struck with an artistic interpretation of the Mexican coat of arms. This impressive image shows an eagle trying to tame a snake with its powerful beak and claws. The representation is very detailed, from the structure of the plumage to the span of the wings. The inscription “ESTADOS UNIDOS MEXICANOS” surrounds the coat of arms.

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