50 Pesos Gold Coins (1947 & Prior)
Pre-Sale
Mexico Gold 50 Pesos (Random) AU-BU
$3,477.47
Available November 08, 2024
Quantity | Check/Wire |
---|---|
1 - 9 | $3,489.53 |
10 - 19 | $3,483.50 |
20 + | $3,477.47 |
About 50 Gold Peso Coins
The 50 Pesos gold coins were a denomination of gold bullion coins issued by the Mexican government. They were first introduced in 1921 to commemorate the 100th anniversary of Mexico's independence from Spain. The coins were produced in various sizes, with the 50 Pesos being the largest and most valuable denomination.The 50 Pesos gold coins contain 1.2057 ounces of pure gold and have a diameter of 37 mm. The coins feature the image of Winged Victory, a symbol of Mexican independence, on the obverse and the coat of arms of Mexico on the reverse.
The coins were produced annually from 1921 until 1947 when the Mexican government ceased production of gold coins for circulation. The 1947 50 Pesos gold coin was the last year of issue for the denomination.
50 Pesos gold coins minted before 1947 are considered particularly valuable due to their scarcity and historical significance. In addition to their intrinsic value as bullion, these coins are sought after by collectors for their rarity and beauty. The coins are typically sold at a premium above their melt value, with the exact price depending on factors such as the coin's condition, rarity, and historical significance.
About The 50 Gold Pesos
The 50 Pesos gold coin was first issued by the Mexican government in 1921 to commemorate the centennial of Mexico's independence from Spain. The coin was designed by Emilio del Moral, inspired by the famous Winged Victory statue in Mexico City's Independence Column.The coin quickly gained popularity as a store of value and was widely used in international trade. The coin's design remained unchanged throughout its production history, with only minor modifications made to the coin's reverse side.
During the early 20th century, Mexico was one of the world's largest producers of gold, and the country's government used the production of gold coins to control the country's currency supply. The 50 Pesos gold coin was one of the largest denominations produced by the Mexican government and was highly valued for its gold content and aesthetic beauty.
The production of the 50 Pesos gold coin continued until 1947 when the Mexican government stopped minting gold coins for circulation due to economic and political factors. However, the coins continued to be produced as commemorative coins and were highly sought after by collectors.
Today, the 50 Pesos gold coin is highly valued as a bullion coin and a collectible item due to its historical significance, rarity, and intrinsic value as a store of wealth. It remains one of the most popular gold coins among investors and collectors worldwide.
About The Mexican Mint
The Mexican Mint, also known as Casa de Moneda de México, is the oldest in the Americas and one of the oldest in the world. It was established in 1535 by order of the Spanish Crown to produce coins to be used in the New World.The Mexican Mint has a long and rich history of producing coins and medals. Over the centuries, it has made a wide variety of coinage, including gold, silver, and copper coins, as well as various commemorative medals and tokens.
In addition to producing coins for Mexico, the Mexican Mint has also produced coins for other countries, including Bolivia, Chile, Colombia, Guatemala, Honduras, and Peru.
Today, the Mexican Mint is a modern facility that produces a wide range of coins and bullion products for domestic and international markets. It is known for its high-quality bullion coins, such as the Mexican Libertad and the 50 Pesos gold coin.
Gold coins from the Mexican mint, like the Gold Libertad, are some of the most popular gold coins for investors. The Mexican Mint is also responsible for producing Mexico's official currency, the Mexican peso. The mint operates under the authority of the Mexican government and is overseen by the Bank of Mexico.
The Mexican Mint has a long and impressive history; collectors and investors worldwide highly value its coins.
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