Sell Mexican Gold Libertad Coins in Las Vegas | Gold Libertad Buyer
Overview
The Gold Libertad coin is the official gold bullion coin of the Government of Mexico. The government came up with this coin in honor of Mexico’s independence. The Banco de México (Bank of Mexico) authorized the production of Mexican Libertads and is responsible for guaranteeing the coin. Meanwhile, the Mexican Mint (La Casa de Moneda de México) is in charge of the coin’s mintage and production.
Brief History
The Mexican Libertad comes in silver and gold today. It serves as the official bullion coin of Mexico. The first ever Mexican Libertad that the government released in 1981 was a gold version. These gold Meixan Libertads were availble in 1 oz, 1/2 oz, and 1/4 doniminations. They minted around 1 million coins across these three weights back then, a mintage that is particularly high. However, they did not release gold Libertads for circulation for another 10 years. Meaning, the Mexican Mint brought back the Gold Libertads again in 1991, and added to additional weights: the 1/10 oz and the 1/20 oz.
The 1991 production of the Gold Libertads went on for four more years. This time, the Mexican Mint struck more 1 oz coins to meet the growing demand. They ceased the production again from 1995 to 2000, when they continued to produce the coin with only a total of 15,350 pieces across the five weights. Since 2002, the Mexican Mint has continued to mint Gold Libertads, but only in limited amounts each year.
Meanwhile, the Mexican Mint also produced proof versions of the Gold Libertads. Initially, this version appeared in 1989 and came in a 1/2 oz weight. This went on for a one-year production run. Then, the Mexican Mint decided to reproduce these proof versions in 2004 with 1/4 oz weight. A year later, proof versions of the Gold Libertads entered regulation production in all the five weights, mimicking the ones that non-proof versions come in.
Design
The gold Libertad’s obverse side shows the Mexican Coat of arms along with a Mexican golden eagle resting on a prickly pear cactus consuming a rattlesnake. Citizens associate this image with the founding of Tenochtitlan, present-day Mexico City. The coat of arms shows the deity Huitzilopochtli’s story telling the Aztec people to build their city on where they spotted the eagle consuming a snake on top of a cactus. The lower half of the coat of arms shows oak and laurel leaves surrounding the eagle. The words “ESTADOS UNIDOS MEXICANOS” (United Mexican States) also encircles the coat of arms.
The reverse side of the Gold Libertad is inspired by the 1921 gold Centenario, the coin that was released to commemorate the 100th year anniversary of Mexican independence. The Angel of Independence, the winged Victoria, is shown in front of the volcanoes Popocatépetl and Iztaccihuatl as her backdrop. The coin’s weight in ounces or onza, date minted, and purity or fineness are also shown on the reverse side.
Value
Unlike other gold bullion coins, the gold Libertad does not have any face value. Its value is based purely on its weight and its gold content. Like other gold bullion coins, the Gold Libertad is guaranteed and accepted by the Banco de México as legal tender based on gold’s current market value or its spot price.govmint.com/…/mexico-coins/libertad-coins