Silver Ounce (1 oz), Private Bullion, Coin Type from Mexico - detailed information
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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 troy ounce (1oz) of silver format. Some of these are not legal tender and are issued as a "store of value" based on the intrinsic value of the precious metal they are made of; they are sometimes called "medallic coinage" and are a type of "private" (not government issued) bullion. The first of these were made in 1949. The coins weigh 33.625, which at 92.5% ("sterling silver") purity means their pure silver content is 31.103, or exactly one troy ounce silver weight (ASW 1.000). | ||||
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| Royal Mint |
| Coin Name | Reverse | Obverse | Details |
|---|---|---|---|
| Silver Ounce 1949 |  |
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Material: 0.925 Silver Mint: Mexican Mint Mintage: 1,000,000 |
| Silver Ounce 1978 |  |
 |
Material: 0.925 Silver Mint: Mexican Mint Mintage: 280,000 |
| Silver Ounce 1979 |  |
 |
Material: 0.925 Silver Mint: Mexican Mint Mintage: 4,508,000 |
| Silver Ounce 1980 |  |
 |
Material: 0.925 Silver Mint: Mexican Mint Mintage: 6,104,000 |
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| Royal Mint |
| Country | Mexico |
|---|---|
| From | 1949 |
| To | 1980 |
| Material | 0.925 Silver |
| Designer | |
| Technology | Milled (machine-made) |
| Shape | Round |
| Orientation | Coin Alignment (Axis 6) |
| Size | 41.5000 mm |
| Thickness | 3.0000 mm |
| Mass | 33.6250 g |
