Mexico 50 Peso Gold Coin Value

Other mexican coins like the smaller denomination gold pesos also have a high gold content and are more accessible and affordable with a lower per coin investment.

Mexico 50 peso gold coin value. 4 us dollars approximate catalog value average circulated. The people of mexico were engaged in an eleven year war with spanish colonial authorities that lasted from 1810 1821 known as the mexican war of independence. From 1949 1972 nearly four million coins were re struck most likely with the date 1947. All values shown in usd.

50 pesos gold coins are some of the most impressive gold coins in the world. Arguably the most iconic gold coin issued by the mexican mint is the 50 peso gold coin which is known to many numismatists as the gold centenario. The benefits of owning 50 pesos gold coins. 12 so be sure to look for the good dates.

The face value of 50 pesos is for legal purposes only and does not reflect the actual value of the gold content. If your coin is in excellent condition you can add a small amount say 20 to the value to account for the fact that the gold has been minted into a nice looking coin. To be valualbe coins dated 1988 must be made of copper nickel. The obverse of the centenario contains the image of winged victory el ángel el ángel de.

Their first year of issue was 1921 to celebrate mexico s 100th anniversary of independence in 1821. The the coins value is 1 205 ounces x 1400 per ounce about 1700 kitco reports the current value of gold which is pure bullion value. Gold coin values below are based on the live bid price at the cme. To commemorate 100 years since the beginning of this war mexico erected a column and statue known as the angel of independence.

Coin value calculations use the 8 59 pm pdt gold price for october 05 2020. Right now 50 peso mexican gold coins are available to purchase online from jm bullion. First issued by the mexican mint in 1921 these coins are a favorite among collectors. Stainless steel coins dated 1988 carry low value only.

The centenario is a mexican gold bullion coin first minted in 1921 to commemorate the 100th anniversary of mexico s independence from spain the coin is not intended to be used as currency. Mexican gold pesos specifically the mexican gold 50 pesos cost a lower percentage over the gold spot price than many other gold coins considering how much gold the coin contains. Mexican 50 peso gold coin. Minted in mexico city the 50 peso coins include 90 fine gold and 10 copper.

The values below only reflect the gold value not rarity or numismatic value. Mexican 50 pesos gold coins are often referred to as centenarios. The addition of copper during the minting process gives the coins a density that gold alone cannot offer.