Silver Ounce Libertad, Coin Type from Mexico - detailed information

Silver Ounce Libertad, Coin Type from Mexico (issued 1982 - )
Coin TypeSilver Ounce Libertad

La Casa de Moneda de México (the Mexican Mint) was established in 1535 and is the oldest mint in the Americas. Apart from manufacturing all the circulation coinage for Mexico, the mint also strikes coins in the internationally popular one ounce of silver format. The best known of these is the Libertad series of bullion coins, which has been issued in a number of sizes in gold since 1981 and in silver since 1982.

The Libertad silver ounce (onza in Spanish) was the first formats in silver; fractions and larger sizes were added later. The obverse of the coin depicts the Coat of Arms of Mexico: a Mexican golden eagle perched on a prickly pear cactus, devouring a rattlesnake. The reverse design is based on the 1921 gold Centenario, a coin issued to mark the centennial of Mexican independence (Libertad means Liberty in Spanish); it depicts the winged Nike (Victory, or Victoria in Spanish) - the statue which tops The Angel of Independence monument in Mexico City (built in 1910); in the background the volcanoes Popocatépetl and Iztaccihuatl are seen.

The design was changed from the "Type 1" Libertad (called just "Libertad" by the Bank of Mexico) to "Type 2" Libertad ("New Libertad") in 1996; the difference is the reverse, in which Victoria is seen on the later coins from an angle and not from the front as before. The obverse was changed in 2000, with the Coat of Arms being surrounded by smaller images of its earlier versions as it evolved through Mexican history.

Libertad coins do not have a fixed face value; they are accepted as currency and guaranteed by Banco de México based on the market value of their precious metal content (similarly to the South African Krugerrand).

The Libertad silver ounce range replaced an earlier type of non-legal tender silver ounces issued since 1949.

Obverse
Mexico / Silver Ounce Libertad - obverse photo

The obverse of the coin shows at its centre the Coat of Arms of Mexico, which depicts a Mexican (golden) eagle perched on a prickly pear cactus, facing left, devouring a rattlesnake. The cactus is on a pedestal immersed in the Aztec symbol for water. Below, a wreath of oak and laurel leaves tied at its centre with a ribbon representing the flag of Mexico.

The design is rooted in the legend that the Aztec people would know where to build their city once they saw an eagle eating a snake on top of a lake. To the people of Tenochtitlan (the pre-European capital), this symbol had strong religious connotations, and to the Europeans it came to symbolise the triumph of good over evil (with the snake sometimes representative of the serpent in the Garden of Eden).

Around above, the legend ESTADOS UNIDOS MEXICANOS, meaning United Mexican States in Spanish - which is the full official name of Mexico.

Within a plain border, surrounding the Coat of Arms and the inscription is a wide rim in which there are ten more depictions of the Coat of Arms of Mexico, illustrating the different styles it had throughout its history (the oldest depicted on top is the prototype of the symbol as seen in the 1541 Codex Mendoza, then in chronological order clockwise).

Obverse Inscription ESTADOS UNIDOS MEXICANOS
Reverse
Mexico / Silver Ounce Libertad - reverse photo

The reverse of the coin shows at its centre the statue of Nike (the Greek goddess of Victory, in Spanish: Victoria) from the Angel of Independence monument in Mexico City - commonly known simply as The Angel. She is represented as a young bare-breasted winged woman holding a laurel wreath in her outstretched right hand, and a broken chain (a symbol of freedom) in her left hand. Visible below the figure is the pedestal which tops the monument.

The volcanoes Popocatépetl and Iztaccihuatl can be seen in the background.

Around above, interrupted by the wings of the angel, the inscription 1 ONZA PLATA PURA [year] LEY .999 (one troy ounce of pure silver with purity 99.9%).

The Mo mint mark of the Mexican Mint (large letter M above which a small o) is in the upper right field.

The border is plain.

Reverse Inscription 1 ONZA PLATA PURA [year] LEY .999
EdgeMilledEdge InscriptionNone
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Coin Type: Silver Ounce Libertad - (43) Coins
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Silver Ounce Libertad: Details
CountryMexico
CurrencyMexican Peso (New)
Sub-type ofSilver Ounce (1 oz)
From1982
Face Value(varies) (x Peso)
CurrentYes
Material0.999 Silver
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationCoin Alignment (Axis 6)
Size40.0000 mm
Thickness3.0000 mm
Mass31.1000 g