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1923 Mexican 50 Peso Gold Coin (BU)

1923 Mexican 50 Peso Gold Coin (BU)

$2,949.79

This ultra rare,1923 low-mintage Mexican Gold 50 Peso coin in uncirculated condition is a perfect addition to any collection.  With only 432,000 total minted, they are extremely hard to find and retain their value for future investment.  The most iconic gold coin issued by the Mexican Mint is the 50 Peso gold coin, which is known to many numismatists as the gold Centenario. First issued by the Mexican Mint in 1921, these coins are a favorite among collectors.  Contains 1.20565 troy ounce of actual gold content, The obverse features the Winged Victory, with the golden eagle of the Mexican Coat of Arms on the reverse.

Coin Highlights:

  • Contains 1.2057 oz of Gold.
  • Issued in 22k Gold
  • Mintage of only 432,000 coins.
  • Comes packaged in Plastic sleeve
  • Brilliant Uncirculated condition with full mint luster.
  • Obverse: Mexico’s national coat of arms featuring a golden eagle perched on a cactus with a snake in its beak.
  • Reverse: Features the iconic Winged Victory “The Angel of Independence” design.
  • Issued by Banco de México from 1921-1947.

 

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Description

The 50 Peso Mexican Gold Coin is more commonly known today as the gold Centenario, so-called because it was first issued in 1921 by the Mexican Mint to commemorate 100 years of Mexican independence from Spanish colonial rule. The coins were issued regularly from 1921 to 1931, with production restarted in 1943 to meet rising demand for gold coins. All coins in the collection issued from 1949 to 1972 typically have a set 1947 date mark.

On the obverse side of the 50 Peso Mexican Gold Coin, you’ll find the original depiction of Winged Victory. Designed by Emilio del Moral, this image features a front-facing Angel of Independence as she holds the wreath crown of military victory and self-governance over her head in her right hand. The left hand is down at her side and clutches the broken chains of servitude.

The reverse of all 50 Peso Mexican Gold Coins features the coat of arms for Mexico. These coins could feature various depictions of the Mexican coat of arms, but the general design remains focused on a golden eagle on a cactus perch as it battles with a snake.

Original 50 Peso Mexican Gold Coins had relatively low mintage figures throughout its production history. The original 1921-1931 issues had a mintage high of 716,000 coins in 1925 and a mintage low of 180,000 in 1921. The 1949-1972 coins issued with the 1947 date mark had a total mintage of 3.97 million coins.

Additional information

Weight 1.20565 oz
Metal

gold

Coin Year

1923

Weight

41.66 Grams

Product Type

Coin

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