Mexican Mint

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About Mexican Mint

Established in 1535, the Mexican Mint is credited as being one of the largest silver producers, being responsible for 20% of international silver production. For over 500 years, its large gold and silver deposits have made Mexico a valuable source of precious metals products. The historically rich mint produces stunning gold and silver coins such as the popular Silver Mexican Libertad, Gold Peso and Gold Onza. Aside from circulating coins, the Mexican mint also manufactures commemorative and special edition coins. It has been said that Mexican coins inspired the Chinese, Japanese and United States governments to produce their own unique coins. The Mexican Mint is well-known over the world due to its rich history and remarkable bullion. Many collectors and investors choose Mexican gold and silver coins because of their collectible and historical value.

The History of the Mexican Mint

The Mexican Mint, also known as ‘La Casa de Moneda de México’, was founded in 1535 by  Spanish decree. After Spain took over the Aztec Empire back in 1521, its first step of expanding its colonial empire in America was to set up the first mint on this territory highly rich in gold and silver. When Viceroy Antonio de Mendoza took over control of New Spain in 1535, the territory didn’t include only Mexico and its capital Mexico City, but also, Dominican Republic, Cuba, Haiti, Jamaica, Puerto Rico, Cayman Islands, Bay Islands, Philippine Islands and Trinidad. The first coins which were manufactured for use by Spain’s new territory were the Mexican peso, followed by reals and maravedis. The Mexican Mint also produced the eight-real Spanish dollar coin and provided monetary programs for the Chinese Youan, Japanese Yen and US Dollar. In 1925, the Mexican Mint became governed by the Mexican National Central Bank, Banco de Mexico, and began printing banknotes. Today, the original production building of ‘La Casa de Moneda’ is the Mexican National Cultural Museum, since its facility moved to San Luis Potosi in 1983.

Mexican Mint Products: From Old To New.

The very first coin to receive accreditation by collectors and investors was the Gold Centenario coin, produced for the first time by Mexican Mint in 1921 in commemoration of 100 years of Independence. Gold Centenarios were produced of 1.2 oz. of .900 fine gold, having a face value of 50 Pesos. The coins were produced during 1921 and 1931, and again in 1943 and 1947, with lowest mintage production in 1921 and 1943. These coins can be found on the precious metal markets today, although many of the existing ones are reproductions minted after 1947. These reproductions of the Gold Centenario were struck between 1949 and 1972, but all of them feature the 1947 date mark inscription. All Centenarios have the same design: on the obverse side, a depiction of the Winged Victory (Angel of Independence) and on the reverse side the Mexican Coat of Arms.

The newest and perhaps most famous Mexican coin is the Mexican Libertad, struck in both gold and silver versions. An interesting fact is that since it first mintage in 1981 and up to 2000 the Mexican Libertad featured the same design of the Centenario coin. Only in 2000 were the obverse and reverse sides redesigned, depicting the Winged Victory statue from Mexico City and the two volcanoes, Popocatepetl and Iztaccihuatl, more prominent, while the modern Coat of Arms is featured surrounded by 10 historical versions of the seal. Mexican Libertads are minted in brilliant uncirculated versions with sizes from 1/20 oz. to 5 oz., including the most common 1 oz. coin size. Mexican Libertads are also manufactured in proof versions.

The Mexican Mint is a notorious gold and silver coin manufacturer. Browse through our impressive collection of silver and gold Mexican coins. Should you have any questions about these coins, please do not hesitate to give us a call at 800.852.6884. You can also send us a message via live chat, or via email at info@bullionexchanges.com.