Spotlight on the mexican gold 50 Pesos

The Centenario is a Mexican investment gold coin first minted in 1921 to commemorate the 100th anniversary of Mexico’s independence from Spain.

The coin is not intended to be used as currency; the nominal value of 50 pesos is only there for legal purposes, and does not reflect the real value of its gold content.

The obverse contains the Centenario image of Winged Victory (El Angel de la Independencia: “The Angel of Independence” build it and put on a column on a roundabout in the center of mexico in 1910) with a laurel wreath in her right hand and broken chains in her left.
Two famous Mexican volcanoes, Popocatepetl and Iztaccihuatl, are seen in the background. 1821 is seen at the bottom left is the year of Mexico’s independence.
The date on the right indicates the vintage, the 1921 and 1931 (the last year of the original series) a program being rarer.

Production was restarted in 1943 because of demand for gold coins and the coins minted between 1949 and 1972 are generally marked “1947”.

This piece was designed by Emilio del Moral.

The reverse shows the coat of arms of Mexico, showing the golden eagle perched on a cactus with a snake (rattlesnake) in its beak.
Centenario contains 37.5 grams (1.20565 oz) of gold in an alloy of 90% gold and 10% copper, and is 37 mm in diameter. In 1943, the draw is a bit special because double markings “37.5 Gr Oro Puro”, leaving aside the “50 pesos” legend, and has the same diameter: 37 mm.
The design of the “original Centenario” was used in the sequel to the series “Libertad” gold and silver bullion coins of Mexico.

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