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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 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. 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). | ||||||
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Variety | Proof | |
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Mintage | Issued: 998 (included in total) | |
Details | Delivered in a plastic capsule in presentation box, with a numbered Certificate of Authenticity. |
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Country | Mexico |
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Currency | Mexican Peso (New) |
Coin Type | Silver Ounce Libertad |
Issued | 1983 |
Symbol | Coat of Arms of Mexico |
Face Value | (varies) (x Peso) |
Total Mintage | 1,002,766 (1.0 million) |
Current | Yes |
Material | 0.999 Silver |
Technology | Milled (machine-made) |
Shape | Round |
Orientation | Coin Alignment (Axis 6) |
Size | 40.0000 mm |
Thickness | 3.0000 mm |
Mass | 31.1000 g |
OCC ID | ANMQ-EPYC-DKPJ-OJYG |
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Source | Reference ID |
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Krause, Standard Catalog of World Coins | Mexico KM# 494.1 |