Posted on Jul 14, 2020

Money Metals Exchange

The 'Centenario' - A 50 Peso Gold Coin from Mexico
Mexico won its independence from Spain in 1821. To commemorate the 100th anniversary of that event, the Mexican Mint began production of a gold bullion coin called the "Centenario". The oversized coin features the Angel of Independence who carries a laurel wreath in her right hand and broken chains in her left. The reverse side carries Mexico's coat of arms which includes a golden eagle perched upon a cactus and a serpent caught in its beak. This artist responsible for the coin's design is Emilio del Moral. (Mexican 50 Peso gold coin)

"1821" on the obverse reflects the date of independence. The second year shown is the date the Gold Peso coin was minted, but beginning in 1949 all coins were produced have the a 1947 date. Many of the coins now trading were actually produced between 1949 - 1972 (nearly 4 million coins) and 1996 (nearly 8 million). These Mexican Gold Peso coins, again, carry the 1947 date. (50 Peso Coin)
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