Sell Mexican Gold Centenario Coins in Las Vegas | Gold Centenario Buyer
The gold Centenario or the Centenario de Oro is one of Mexico’s first bullion coins. The Mexican Mint produced it first in 1921 to celebrate the 100th anniversary of Mexico’s liberation from Spain, thus, the name Centenario, which means centennial. Even though the coin carries a face value of 50 Mexican pesos, people do not actually the Centenario as currency. In fact, the government only assigned it a face value for legal purposes only and officially turn it into a legal tender.
The Mexican Mint issued Gold Centernarios annually from 1921 to 1931 until they ceased its production. However, they produced the coins again in 1944 but only lasted until 1947. The demand for the Centenario was high, and so to meet the demand, the Mexican Mint continued to mint the coin with the 1947 date until 1972, and again in the late 1990s and early 2000s. They also released commemorative Medallic coins without the 50 peso face value on the coin in 1943 and again in the 1950s and 1960s.
Like the gold Libertad, the Centenario’s obverse side depicts the Winged Victoria. This is the Angel of Independence raising her right hand while holding a laurel wreath. On her left hand her chains are already broken. The volcanoes Popocatepetl and Iztaccihuatl serve as her backdrop. On the lower left is the year 1921, the 100th year of Mexico’s independence. The year on the lower right is the coin’s mintage year. Coins that the Mexican Mint produced between 1949 and 1972 typically bears the year 1947.
Meanwhile, the reverse side of the Centenario depicts a golden eagle resting atop a cactus devouring a rattlesnake. The words ESTADOS UNIDOS MEXICANOS (United Mexican States) are also shown on the top of the coin.
The Centenario weighs 41.67 grams and contains 1.20565 troy ounces of gold or 37.5 grams, which means that the coin comprises 90% fine gold or 22-karats (.900 gold) and 10% copper. The copper makes the coin more durable from dents and scratches—the Centenario measures at 1.4567 inches in diameter and 0.104 inches thick.