Monday, March 30, 2009

Mexico 50 Peso Gold Coin

Nowadays, Mexican coin has become one of the HOT items among collectors. The Mexican 50 peso gold coin (a.k.a Gold 50 Peso, 50 peso gold coin, Mexico 50 pesos gold coin) is definitely the most desired one among all Mexican gold coins.

The Mexican 50 peso gold coin is the most beautifully designed gold coin to date. First issued in 1921 to celebrate the 100th anniversary of Mexico's independence, this peso gold coin is about 20% larger than the 1-oz American Gold Eagle Goin. The popular Mexican coin features a winged angel with the legendary mountains (Popocatepetl and Iztaccihautl) rising in the background. The reverse side of the coin features an eagle with a snake in its beak. The Mexican 50 Pesos in the bullion coin market normally are restrikes, minted from 1943 onward.

Mexican 50 Peso Gold Coin Specifications:
Minted year: 1921 - 1931; 1944-47
Diameter: 36mm
Fineness: .900
Actual Gold Content: 1.2057 troy ounce (37.5 grams)

The earlier 50 Pesos carry small premiums over the restrikes, except for the 1921 and the 1931 coins, which can have large premiums. If you are looking for gold coins with small premiums, you should definitely consider the Mexican 50 Pesos gold coin, along with Krugerrand gold coins and Austrian 100 Coronas.

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