The Libertad (translated as freedom) is the official bullion coin of Mexico, first released in 1981, sixty years after the issue of the coin considered to be its forbear, the gold Centenario. The Mexican Mint (Casa de Moneda de Mexico, est. 1535) launched that coin in 1921 to mark the centennial of the nation’s independence from Spain with its depiction of Monumento a la Independencia, the statue also known as Winged Victory, on Mexico City’s main thoroughfare. But, while the Centenario had a face value of 50 pesos, the government did not deem it legal tender. It remains, however, a popular collectible with 37.5 grams (1.2 oz.) gold content, low premium over spot, and beautiful design. This design has been passed on to the Libertad, widely considered as one of the hottest coin properties for investors and numismatics in the world today.
The original 1981 Libertad featured the original 1921 Centenario design of the full-frontal Winged Angel of Victory holding a wreath aloft in one hand and the broken chains of foreign domination in the other. This was modernized in Y2K with a side-profile that exhibits much more flow and grace, and attractive representation of the agave plants in the foreground and twin volcanoes (representing the lovers of Aztec legend who died, for one another, of broken hearts). The Libertad’s design and high production quality are certainly good reasons to explain the coin’s popularity as a bullion collectible and investment item. Add to these factors the surprisingly low and variable annual mintages, and you may come to understand why the Libertad is very much in demand, and sometimes hard to find at all.
Obverse: A winged Victoria on the Mexican Independence Victory Column, with the volcanoes Popocatépetl and Iztaccihuatl on either side of her in the background, and the Mexico City o-over-M mint mark at two o’clock. From left to right around the perimeter are the words 1 ONZA ORO PURO 2016 (or other year of mintage) LEY .999
Reverse: Centered by Mexico’s centuries-old coat of arms with its golden eagle perched on a prickly pear cactus, holding a rattlesnake in its beak and claw. This is circled by the state’s official name ESTADOS UNIDOS MEXICANOS and a garland. Around this are 10 other, earlier representations of the coat of arms with the same symbolism.
Fine weight: 1 troy ounce (31.1 grams)
Minted since 1981
Legal Tender Value: None
There are five denominations available for gold libertad: 1/20 oz, 1/10 oz, ¼ oz, ½ oz, 1 oz.
The prices from different broker