Mexico Libertad
The Mexico Libertad Series is a collection of bullion coins produced by the Mexican Mint (Casa de Moneda de México), which is the oldest mint in the Americas, established in 1535. The series is one of the most recognized and respected bullion coin series in the world, known for its beautiful designs, historical significance, and purity.
Key Features of the Mexico Libertad Series:
1. Design:
- Obverse (Front):
- The obverse of the Libertad coins features the national coat of arms of Mexico, which depicts a golden eagle perched on a cactus with a snake in its beak and talon. This image is surrounded by a wreath and the inscription “ESTADOS UNIDOS MEXICANOS” (United Mexican States).
- On larger denominations, the coin also features a ring of ten historic versions of the Mexican coat of arms around the central emblem, representing the country’s rich heritage.
- Reverse (Back):
- The reverse of the coins displays the iconic image of the Winged Victory (or “Angel of Independence”) statue that stands atop the Independence Victory Column in Mexico City. The angel holds a laurel wreath in her right hand and broken chains in her left, symbolizing freedom and victory.
- In the background, the twin volcanic peaks of Popocatépetl and Iztaccíhuatl are depicted, adding to the coin's striking visual appeal.
- The reverse also includes inscriptions for the coin’s weight, metal content, and year of minting.
2. Metals and Denominations:
- Gold Libertad:
- Purity: 99.9% pure gold (24 karats).
- Weights: Available in 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz sizes, with occasional special issues in larger weights like 2 oz, 5 oz, and even 1 kg.
- Silver Libertad:
- Purity: 99.9% pure silver.
- Weights: Typically available in 1 oz, 2 oz, 5 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz, and 1 kg. The 1 oz coin is the most popular.
- Platinum Libertad:
- Purity: 99.95% pure platinum.
- Weights: Platinum Libertads have been issued in limited numbers and are typically available in 1 oz size.
3. History:
- The Libertad series was first introduced in 1982 with the release of the gold coins, followed by silver coins in 1982 as well. The series has since expanded to include platinum versions, although these are produced in much smaller quantities. - The design of the Libertad coins was inspired by earlier Mexican coinage, specifically the Centenario gold coin issued in 1921 to commemorate the centennial of Mexico’s independence.
4. Investment and Collectibility:
- Libertad coins are popular among both investors and collectors. Investors are drawn to the high purity and government backing, while collectors appreciate the coin’s artistic design and its status as a symbol of Mexican heritage. - Unlike many bullion coins, the Libertad series does not have a face value. Instead, its value is determined solely by the metal content and current market prices. - The relatively low mintage numbers of Libertad coins, especially in gold and platinum, add to their collectibility, often making them more sought after than some other bullion coins.
5. Special Editions:
- The Mexican Mint occasionally releases special proof versions of the Libertad coins, which are produced with a higher level of detail and a mirror-like finish. These proof coins are highly prized by collectors. - There are also occasional releases of limited-edition sets or coins with unique finishes, such as reverse proofs.
Conclusion:
The Mexico Libertad Series is one of the most prestigious and artistically significant bullion coin series in the world. Its combination of high purity, iconic design, and cultural significance makes it a favorite among investors and collectors alike. Whether in gold, silver, or platinum, the Libertad series stands out as a symbol of freedom, history, and the enduring spirit of Mexico.