Silver Ounce 1988 Libertad, Coin from Mexico

Coin	Silver Ounce 1988 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.

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).

Mint	Mexican Mint	Mint Mark	Mo	Total Mintage	1,510,500 (1.5 million)

Obverse

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.

The border is toothed, with staggered sizes of the teeth.

Obverse Inscription	ESTADOS UNIDOS MEXICANOS

Reverse

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.

In the left and right fields, divided by the figure of the angel, the inscription 1 ONZA PLATA PURA (one troy ounce of pure silver).

Around below, 1988 MEXICO LEY .999 (ley .999 means 99.9% purity).

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

The border is toothed, with staggered sizes of the teeth.

Reverse Inscription	1 ONZA PLATA PURA 1988 MEXICO LEY .999

Edge	Plain, inscribed	Edge Inscription	INDEPENDENCIA Y LIBERTAD

Notes

Mintage comprised of 1,500,500 bullion coins plus 10,000 proofs.

The edge lettering means "Independence and Liberty".

No other gold or silver coins were issued in the Libertad range in 1988; there was only the silver ounce.

Silver Ounce 1988 Libertad: Known varieties

Variety	Proof
Mintage	Issued: 10,000 (included in total)
Details	Proofs have a milled ("reeded") edge with no inscription. On the reverse, there is no dot in front of the purity - "LEY 999" and not "LEY .999". Delivered in a plastic capsule in presentation box, with a numbered Certificate of Authenticity.

Variety

Proof

Mintage

Issued: 10,000 (included in total)

Details

Proofs have a milled ("reeded") edge with no inscription. On the reverse, there is no dot in front of the purity - "LEY 999" and not "LEY .999".

Delivered in a plastic capsule in presentation box, with a numbered Certificate of Authenticity.

All (44) coins of type: Silver Ounce (1 oz)

Coin Name	Mintage	Symbol	Legend
Silver Ounce 1982 Libertad	1,049,680	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1983 Libertad	1,002,766	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1984 Libertad	1,014,000	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1985 Libertad	2,017,000	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1986 Libertad	1,729,432	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1987 Libertad	512,000	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1988 Libertad	1,510,500	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1989 Libertad	1,406,500	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1990 Libertad	1,210,002	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1991 Libertad	1,660,518	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1992 Libertad	2,468,000	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1993 Libertad	1,005,002	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1994 Libertad	405,002	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1995 Libertad	502,000	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1996 Libertad	302,000	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1997 Libertad	101,500	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1998 Libertad	67,500	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 1999 Libertad	95,600	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2000 Libertad	341,600	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2001 Libertad	727,000	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2002 Libertad	853,800	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2003 Libertad	810,400	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2004 Libertad	453,000	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2005 Libertad	701,581	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2006 Libertad	304,000	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2007 Libertad	205,800	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2008 Libertad	961,000	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2009 Libertad	1,660,000	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2010 Libertad	1,010,000	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2011 Libertad	1,210,000	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2012 Libertad	750,600	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2013 Libertad	792,300	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2014 Libertad	433,900	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2015 Libertad	909,400	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2016 Libertad	1,452,450	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2017 Libertad	645,700	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2018 Libertad	351,500	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2019 Libertad	409,500	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2020 Libertad	306,850	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2021 Libertad	617,550	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2021 Bicentennial of National Independence	5,000	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2022 Libertad	554,400	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2023 Libertad	631,350	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS
Silver Ounce 2024 Libertad	unknown	Coat of Arms of Mexico	ESTADOS UNIDOS MEXICANOS

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Silver Ounce 1988 Libertad: Details

Country	Mexico
Currency	Mexican Peso (New)
Coin Type	Silver Ounce Libertad
Issued	1988
Symbol	Coat of Arms of Mexico
Face Value	(varies) (x Peso)
Total Mintage	1,510,500 (1.5 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	BYNK-ODDC-WNGJ-OPQM

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Silver Ounce 1988 Libertad: Photos

Image	Details
	Coin, Mexico, Onza Troy Ounce of Silver - 1988 Copyright: NumisCorner.com Source
	Coin, Mexico, Onza Troy Ounce of Silver - 1988 Copyright: NumisCorner.com Source

Silver Ounce 1988 Libertad: Catalogue Reference IDs

Source	Reference ID
Krause, Standard Catalog of World Coins	Mexico KM# 494.1 (inscribed edge), 494.2 (milled)

Silver Ounce 1988 Libertad, Coin from Mexico - detailed information