Weight: 37.5 grams (1.2057 Troy oz)
Fineness: .900 fine gold
Face Value: MXN 50 (Mexican pesos)
Mint: Mexican Mint (Casa de Moneda de México)
Year of Issue: Varies
Description: The Mexican 50 Pesos Gold Coin, also known as the “Cincuenta Pesos,” is a highly sought-after and iconic gold coin produced by the Mexican Mint. With its impressive size and historical significance, it holds both numismatic and investment value, making it an attractive choice for collectors and investors alike.
The obverse side of the coin features the Mexican coat of arms, depicting an eagle perched on a cactus while clutching a serpent in its beak. Surrounding the image are the words “Estados Unidos Mexicanos” (United Mexican States), indicating the country of origin.
On the reverse side, you will find the iconic Winged Victory, also known as the “Angel of Independence.” This depiction of the angel holding a laurel wreath and broken chains symbolizes Mexico’s independence from Spanish colonial rule. The denomination “50 Pesos” and the year of issue are inscribed below the angel.
The Mexican 50 Pesos Gold Coin has a weight of 37.5 grams and a gold fineness of .900, meaning it contains 90% pure gold and 10% alloyed metals for added durability. The coin’s actual gold weight (AGW) is 1.2057 troy ounces.
Investing in the Mexican 50 Pesos Gold Coin offers several advantages. Firstly, it provides an opportunity to own a significant piece of Mexican history and culture. The coin’s design featuring the national coat of arms and the Angel of Independence embodies the country’s rich heritage and symbolizes its fight for independence.
Secondly, the Mexican 50 Pesos Gold Coin is valued for its high gold content and substantial weight, making it an excellent store of value. Gold has historically served as a hedge against inflation and economic uncertainties, and owning this coin allows investors to hold a tangible asset with inherent worth.
Furthermore, the Mexican 50 Pesos Gold Coin is considered a legal tender coin in Mexico with a face value of 50 pesos. However, its actual value is primarily derived from its gold content and the prevailing market price of gold. The coin’s numismatic value, based on its rarity, condition, and historical significance, may also contribute to its overall worth.
The Mexican 50 Pesos Gold Coin is recognized globally for its quality and is easily tradable in the international bullion market. Its size and weight make it an impressive and significant addition to any precious metal portfolio.
In summary, the Mexican 50 Pesos Gold Coin combines historical significance, cultural heritage, and substantial gold content. By acquiring this coin, investors can own a piece of Mexico’s rich history, diversify their investment portfolio with a tangible and valuable asset, and benefit from the potential growth of both its intrinsic and numismatic value.