Showing posts with label mexico gold coin. Show all posts
Showing posts with label mexico gold coin. Show all posts

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.

Buy Mexican 50 Peso Gold Coin as Safe Investment

With the recent financial meltdowns and declining US currency, smart investors are looking for better ways for asset preservation. Gold coins are one of the most valuable commodities to protect personal wealth and offset risk, which has been discovered during countless crisis situations over the centuries. Although most investors focus on US and European gold coins, Mexican gold coins, especially 50 peso, are also good asset to combat inflation.

Mexican 50 Peso is among one of the most beautiful designs of any gold coins, more than 20% larger than the popular 1-oz Gold Eagles. It features a winged angel with the legendary mountains in the background. The reverse side features an eagle with a snake in its beak.

First minted in 1921, Mexican 50 peso honors the Independence of Mexico. It contains 1.2057oz of gold in an alloy of 90% gold and 10% copper. It was only made from 1921-1931 and then from 1944-1947. Being over 1.2 ounces of contained gold, it is a great vehicle for holding gold than the popular US $20 gold coin, which has less than 1oz of gold. While the price of most of the US gold coins have increased sharply over the past several years, the price of Mexican 50 peso is still in the ground floor. Mexican 50 peso maybe a highly undervalued area in gold coin market. So this is a good time to begin a collection of beautiful Mexican 50 pesos.

Mexican Gold Coins for Gold Investors

Shortly after Columbus discovered the 'New World,' vast amounts of gold were discovered in Mexico. Once turned into coins, Spanish fleets transported the gold coinage through the Gulf of Mexico to deliver to the King and Queen of Spain. Often, these fleets encountered danger, running into hurricanes, losing ships and the precious cargo.

In 1810, Miguel Hidalgo declared independence from the rule of Spain, although full independence of Mexico was not achieved until 1821. From 1821 to 1917, Mexico went through considerable political upheavals. The coinage remained based on Spanish coin types until the adoption of decimal currency in 1864 based on the peso.

Some of the most beautiful gold coins in the world are the Mexican Gold Peso Coins. The Mexican 50 Peso coin (also known as "Centenario") is definitely the most striking one.

The 50 Peso coin was issued from 1921 to 1947 honoring the 100th anniversary of Mexico's independence from Spain. "El Angel de la Independencia" (the Angel of Independence) is pictured on the coin, with a laurel wreath in her right hand and broken chains in her left. The 1821 on the lower left commemorates the year of Mexico's independence. The date on the right indicates year of mintage. The reverse of the coin depicts the Mexican coat of arms, a Mexican golden eagle devouring a snake while perched atop a cactus.

When Americans regained the right to own gold bullion in 1974, Mexican 50 Pesos, quickly become one of the gold bullion industry's standard bearers. It is the ideal coin for gold buyers who want low premium gold coins, coins that have small markups over spot.

Types of Mexico Gold Coin

In 1910 Mexico celebrated the Centennial of the beginning of its War of Independence with Spain. To commemorate the event, a giant column was erected in the middle of Mexico City with a statue of "El Angel de la Independencia", "The Angel of Independence", sitting atop. This 6.7-meter statue, constructed of Bronze and Gold, represents the "Winged Victory", a Greek symbol for the goddess Nike (Victory). In her right hand the Angel holds a luarel crown, symbolizing Victory, while in her left she holds a broken chain, symbolizing Freedom.

First minted in 1921, the 50 Pesos gold coin honors the Centennial of the successful end of Mexico's War of Independence. "El Angel" is pictured on the coin opposite the national coat of arms. The Mexican coat of arms depicts the Mexican golden eagle devouring a snake while perched atop a cactus. Interestingly, the 50 Pesos, 10 Pesos, and 5 Pesos gold coins all feature the eagle facing forward, an antiquated version of the coat of arms developed in the French Style in the late 1800's.

Only the 20 Pesos gold coin features the modern version of the coat of arms, with the eagle facing sideways. On the reverse of the 20 Pesos gold coin is the Aztec Calendar, or Sun Stone, likely the most recognizeable symbol of Mexico.

The 10 Pesos coins (as do the 5 Pesos coins) feature Miguel Hidalgo on the reverse, considered to be the chief instigator of the Mexican revolution and the "Father of the Nation". His open defiance for Spanish rule united Mestizos and indigenous peasants in a revolt in 1910, thus beginning Mexico's War of Independence. Hidalgo was caught shortly after beginning the uprising and was executed publicly. His remains are now interred in a mausoleum at the base of the column mentioned above.

What You Need to Know Before Buying the Gold 50 Peso Coins Mexican

Investing in Gold has long been proven one of the safest and most effective ways to protect personal assets against the inflation and declining economy. Buying gold coins such as the Gold 50 Peso Coins Mexican, is the one of most practical ways for average Americans to add gold to their investment portfolios and protect their hard-earned money during times of economic instability. Often times, Gold coins such as the Gold 50 Peso Coins Mexican even increased in value during the economy melt down.

Specifications of Gold 50 Peso Coins Mexican:
Fineness: .900
Actual Gold Content: 1.2057 troy ounce (37.5 grams)
Diameter: 36mm

First minted in 1921, Gold 50 Peso Coins Mexican contains 1.2057oz of fine gold in an alloy of 90% gold and 10% copper, comparing the popular US $20 gold coin that contains less than 1oz of gold. However, the value of gold coin is not only determined by the value of gold it contains, but also the premium it carries. Gold 50 Peso Coin Mexican usually carry small premiums, which means it costs less per ounce and yet give you more gold for your money, comparing to Gold Coins that carry higher premiums. This makes Gold 50 Peso the ideal gold coin for investors who simply want to protect their personal wealth against inflation.

On the other hand, while the prices of most of US gold coins have increased sharply over the past several years, the price of Mexican Gold 50 peso has increased to a reasonable extent. In other word, Gold 50 peso is one of the highly undervalued coins in the gold coin market.

Before making a purchase of Gold 50 Peso, make sure you get all required information of the gold coin—like its minted year, actual gold weight, coin weight, gold fineness—from the seller. If buying online, take a look at the picture of the gold coin as well. The price for the gold coin will be the price quoted by the seller, with his margin and applicable tax.

A Brief History of Mexican Coins

Brief Notes on Mexican History
The Aztec Empire was famous for its gold. Huitzilopochtli or Tonatiuh was their sun god. Gold and the sun are tightly connected in many cultures because they share the same brilliant yellow colour. The Aztecs used gold for artefacts in connection with their religion, and also used it to decorate clothing. It was for gold that Diego Velásquez ordered Herman Cortes in 1519 to reconnoitre Mexico, and for the same reason that Cortes disregarded Velásquez's orders to conquer the Aztec Empire in the name of the King of Spain.

Spanish Rule
Mexico, known as New Spain remained under Spanish rule until independence was declared on 16th September 1810 by Father Miguel Hidalgo, although full independence was not achieved until 1821 under General Agustin de Iturbide. During this period most coins were of Spanish type, and are often only distinguished by their mintmarks. The gold coins issued being escudos, 2 escudos, 4 escudos, 8 escudos, and half escudos.

Independence & Turbulent Times
From 1821 until the Reform Constitution of 5th February 1917, underwent considerable political upheaval, since then it has been one of the most stable nations in South America. The coinage remained based on Spanish coin types until the adoption of decimal currency in 1864 based on the peso, but appears to have produce the pre-decimal coins for a few years alongside the new coins

How to Buy Cheap Gold 50 Pesos Mexico Coin

With the recent financial meltdowns and declining US currency, smart Americans are looking for better ways to protect their hard-earned dollars. Buying gold has long been proven the safest method for asset protection during economic crisis over the past centuries. Gold coins, especially gold coins with small markups such as Gold 50 Pesos Mexico Coin and South African gold Krugerrands, are favorites of seasoned gold bullion investors to combat inflation and offset risk.

First minted in 1921, Mexican Gold 50 Pesos are among one of the most beautiful designs of any gold coins. The coin features a winged angel with the legendary mountains in the background. The reverse side features an eagle with a snake in its beak. With sizing more than 20% larger than the popular American Gold Eagles, the coin contains 1.2057oz of pure gold, making it a great vehicle for holding gold than the popular US $20 gold coin.

So where to buy cheap Gold 50 Pesos now?

You can visit local gold dealers or coin shops searching for good deals. However, Gold Dealers tend to mark up a higher premium for selling Gold 50 Pesos to you because they have to cover their operation overhead and other expense.

The Internet has become one of the best places to find gold coins in my opinion. Online auctioning sites have been a very active market in recent years, making finding great deals of gold coins much easier. These online auction sites tend to offer wider selection of Krugerrand coins and list up-to-the-minute deals constantly, due to the nature of these sites.

Remember to do some homework on the seller before you buy Gold 50 Pesos Mexico Coin via online auction sites. Look at their feedback ratings and check comments left by previous customers. Ideally, you would want to do business with a seller with a feedback score of 100%. But you have to take everything into consideration. If a seller has a feedback score of less than 100% he still may be a reputable dealer. If you see a high percentage of negative comments stay away from that particular seller.

Why Buy Mexican 50 Peso Gold Coin Now?

Nowadays, Mexican coin has become one of the HOT items among collectors and gold investors. 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 an official re-strike from the 400-year old Mexico City mint. A 20 karat coin, it contains exactly 1.2057 troy ounce of fine gold. It 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 50 Pesos carry small premiums over the restrikes, except for the 1921 and the 1931 coins, which can have large premiums.The Mexican 50 Pesos in the bullion coin market normally are restrikes, minted from 1943 onward. If you would like to invest in gold to simply protect your assets during the financial turmoil and declining economy today, I would recommend you investing in gold coins with small premiums, such as the Mexican 50 Pesos gold coin and Krugerrand gold coins.

The Mexican 50 Pesos gold coin cost less per ounce and thus give you more gold for your money than the standard American Eagle gold coin series. It is already well known in the industry and any dealer will readily trade them. If you have $5,000 or less to spend put half in US 90% silver coin, and half in Mexican 50 Pesos or one ounce Krugerrands or American Eagle gold coin. If you have $5,000 to $25,000, put at least half of your money in US 90% silver coin, and the rest in Mexican 50 Pesos or Krugerrands or American Eagle.

Tips of Collecting Mexican Old Coins

When seeking Mexican old coins, coin collectors should know as much about the history of the Mexican gold coins that he or she is seeking. Understanding the history of Mexican old coins, not only makes it easier to spot such coins, but it also makes the act of coin collecting far more exciting and intellectually entertaining. Every Mexican coin has a unique history of its own, and it is recommended coin collectors briefly study the history associated with these coins that they collect, so that they can better detect genuine coins from replicas or fake coins.

Mexican old coins, particularly those made of gold, are proving to be a savvy investment at this time. While much in the present economy is crumbling, gold is still considered a significantly wise and super safe investment. It has been long proved gold is one of the best investment to hedge against recession and deflation, as you can learn from the previous economic crisis over the last century. It is therefore wise for the coin collector to look for Mexican gold coins, as such coins are certain to continue to appreciate in their value even during the uncertain times. There are some gold Mexican old coins that have relatively little mark ups (premiums), such as the popular Mexico 50 Pesos gold coin. These coins are in high demand today when it comes to coin collecting because of their reasonable markup rates.

The year 1921 saw the first minting of the 50 Pesos gold coin and the design of the coin is stunning. This coin, depicting a winged goddess on one side and the Coat of Arms of Mexico on the other, are not only attractive, but contain over 37 grams of gold. Coin vendors and distributors from all over the world are now buying and selling the 50 Pesos gold coin in large quantities on daily basis.

Thanks to the popularity of Internet, it is becoming much easier to get Mexican old coins online at the best prices. If using the Internet to buy Mexican old coins, you would be far better off if you engage in some comparative shopping measures. Different sellers offer different markup rates on the 50 pesos gold coin, and not all sellers are equal in terms of the type of customer service they deliver. It is recommended you check the feedback from previous customers to the seller in order to ensure you buy from a reputable seller. Ideally you want to buy from sellers who have been around for a while and have feedback scores over 90%.

Mexican Coin Collecting Guide

For anyone interested in Mexican Peso gold coins and Mexican coin collecting, it is important for the coin collector to know as much as he can about the Mexican peso gold coin. The more an individual knows about Mexican coin collecting, the more prepared he will be when it comes to purchase Mexican Peso gold coins and other Mexican coins available. When it comes to Mexican coin collecting, of particular importance is one's ability to identify Mexican peso gold coins. This will ensure he is actually getting genuine coins to add to his growing coin collection.

Mexican peso coins first became available in the early 1920s and were created to celebrate the independence of Mexico. This particular coin is called a Centenario. Mexican peso gold coins are made of 37.5 g of gold which is part of an alloy of 10% copper / 90% gold. Like other gold coins, the copper is added to Mexican peso coins so that the coin is much longer lasting and more durable.

For Mexican coin collecting, Mexican peso gold coins are definitely the most popular items among avid coin collectors. Slightly larger than the American eagle gold coins, these Mexico peso gold coins depict the winged goddess of victory holding up a laurel wreath and holding chains in the opposing hand. The goddess depiction stands in front of two volcanoes, the Iztacchautl and Popcatepetl volcanoes located in Mexico.

Also depicted with the Winged Victory goddess is the actual dates that Mexico gained its independence from Spain: 1821. The latter date appears on the right-hand side of the Winged Victory goddess, and a second date appears on the left hand side of the goddess which indicates the date the coin was created. The words “50 PESOS” appears to the right of the goddess depiction, and the words “37.5 Gr. ORO PURO” appear to the left of the same image.

On the flip side of the coin, Mexican coin collecting aficionados will find an image that looks striking to an American eagle but is actually an image of the Mexican coat of arms. The eagle is actually snatching a snake in the image, and it is positioned above a cactus. The latter depiction of the Mexican gold eagle is believed to symbolize the domination of good over evil. The words “ESTADOS UNIDOS MEXICANOS” appear in a semi circle above the Mexican gold eagle. The latter words, when translated come to mean “United States of Mexico,” which signifies the fact that Mexico is a constitutional republic/federal nation.

Besides the most popular Mexican 50 Peso gold coins, you can also add Mexico coins with smaller denominations to your collection, including Mexico 20 Peso Gold Coin, Mexico 20 Peso Gold Coin, Mexico 5 Peso Gold Coin, Mexico 2.5 Peso Gold Coin and Mexico 2 Peso Gold Coin.