50 Mexican pesos | Centenario

 

 

The gold 50 Mexican pesos has a purity of 900/1,000 (21.6 carats), weighs 41.67 grams gross and has a net weight of 37.5 grams.The remaining 4.17 grams consists of copper, which gives the coin a light orange color. Incidentally, that alloy makes the coin less likely to be damaged than other coins with a purity of 999.9/1,000.

 

The obverse of the gold Centenario features the image of the "Angel de la Independencia" (the Angel of Independence) holding a laurel wreath in the right hand and a broken chain in the left. These symbolize, respectively, victory over and independence from Spain. In the background you can see the two highest volcanoes in Mexico; the Iztacc'huatl and the Popocat'ptl. Along either side of the Angel de la Independencia you will find the face value of the coin - 50 pesos - and the net weight of the coin, expressed in Spanish (37.5 gr oro puro). With the exception of coins minted in 1943; on these coins the face value is no longer shown but the weight is listed twice. At the bottom left of the coin is always the year 1821 in reference to the year Mexico became an independent state. At the bottom right is the year of issue but as mentioned above, most coins bearing the year 1947 are later reissues.

 

The reverse of the coin shows the coat of arms of Mexico; an eagle sitting on a cactus with a snake clasped in its right claw and mouth. The cactus grows on a stone island in a lake in analogy to the ancient Aztec legend of Huitzilopochtli. The war and sun god instructed the Aztecs to leave their sacred abode of Aztlán and seek out a lake containing a stone island with a nopal cactus on which sits an eagle eating a snake. Legend has it that after years of wandering, the Aztecs found this place in 1325 and founded their new capital, Tenochtitlan; today's Mexican capital, Mexico City. Below the coat of arms is a half laurel and oak wreath, tied together with a bow in reference to the Mexican victory over Spain. Around the eagle you will see 'Estados Unidos Mexicanos' (United Mexican States). Engraved on the edge of the coin are the words 'Independencia y Libertad' (Independence and Liberty).

 

The golden 50 Mexican pesos - Centenario and other gold coins can serve as a purchase of physical gold. Gold coins are not taxed because they are considered monetary gold. And while all the gold coins offered by Argentor have been tested for authenticity, they are not delivered with a certificate of authenticity. That, unlike gold bars. 

 

You are more than welcome in our office to sell your gold 50 Mexican pesos - Centenario coin(s). You needn't make an appointment to do so.

 

Our buying prices are adapted every minute to the actuel gold rate and will only be hedged once you present the coin(s) at the counter in our office. You can easily check our live buying prices on this page.