Mexican Silver Libertads
As the flagship bullion coin of Mexico, the Mexican Silver Libertad has rich, historical roots that enhance your investment. Silver Libertads are struck from .999 fine silver and come in several weights, offering an option for every budget.
A series of official seals feature on the coin’s obverse, with Mexico’s national shield at the center. It depicts an eagle perched on a cactus and carrying a snake in its beak. This seal is surrounded by ten additional seals that represent historical coats of arms used by Mexico’s provinces throughout history.
The Silver Libertad’s reverse features two iconic Mexican symbols. The first is Winged Victory, the Victory Angel, who represents Mexico’s freedom from Spain. She holds a laurel wreath and broken chain. The second symbol is the two volcanoes that sit on either side of Winged Victory, representing two figures from pre-Columbian Mexican mythology.
The Tale of Iztaccihuatl and Popocatepetl
The two volcanoes mentioned above are named after Iztaccihuatl and Popocatepetl, a pair of lovers from old Mexican lore. According to the legend, Popocatepetl was a brave warrior who went to battle with the promise that, upon his return, he could marry Iztaccihuatl, the king’s daughter. While Popocatepetl was away fighting, Iztaccihuatl caught wind of a rumor that he had been killed. She was inconsolable and the loss of her beloved made her refuse sleep and food. She eventually fell ill and died. When Popocatepetl returned, he was heartbroken to learn about her death. He took her body to the woods, where his fate mirrored that of the princess. Their bodies were reclaimed by the earth and two volcanoes sprouted up. The two lovers were immortalized and Popocatepetl was able to eternally watch over Iztaccihuatl .
Minting History of Mexico
In 1535, a Spanish viceroy named Antonio de Mendoza was sent to the New World with a mission to found a mint in the area under the Spanish crown. He established the National Mint of Mexico, known locally as the Casa de Moneda de Mexico, which is the oldest mint in the Americas.
The mint began producing real coins in silver and “maravedis coins” in copper (these eventually evolved into the better known peso). Pesos made of silver were widely circulated across North America, and made their way over to Asia into the 1800s. These high-quality coins provided inspiration for numerous other coins, including the American dollar, the Chinese yuan, and the Japanese yen.
Modern Minting
In 1982, The Mexican Mint began producing Silver Libertads. Their design was based on the 50 peso Centenario coin that was issued between 1921 and 1947. The Libertad represents Mexico’s history and culture, and many collectors and industry professionals consider it to be one of the most beautiful coins ever made.
Beginning in 1983, all coins produced by the Mexican Mint have been minted at the San Luis Potosi facility. The mint’s original site is now the headquarters for the Museo Nacional de las Culturas, located in Mexico City.
The limited mintages of Silver Libertads make them a less common find in North American portfolios, making it a uniquely valuable coin to investors and collectors. Fortunately, Provident offers Silver Libertads in brilliant uncirculated condition, so be sure to check our selection if you wish to add this coin to your bullion collection.
FAQs
Mexican Silver Libertads
Why are Libertads expensive? ›
Mexican Silver Libertads are often considered premium coins due to their high-quality production, intricate designs, and limited mintage. The cost is influenced by factors such as the current market price of silver, collector demand, and the craftsmanship involved in minting these exceptional coins.
What is the face value of silver Libertad? ›
Libertads are devoid of face value, yet are legal tender, still accepted as currency and guaranteed by Banco de México based on the market value of its gold or silver content.
Is investing in silver a good investment? ›
Silver tends to outperform gold in terms of return and can deliver a higher return on investment. However, silver's real value is as a hedge and safe haven asset and the primary reason to own silver is not about wealth accumulation but about wealth protection and hedging risk in an uncertain world.
Why are silver Eagles a good investment? ›
Reasons American Silver Eagles are a Good Investment:
They will maintain their value no matter what happens to American currency. They are priced well and have a great value for the price. This creates popularity among many American collectors as well as investors!
Are Mexican silver coins a good investment? ›
If you are looking to invest in precious metals, then Mexican Libertad Silver Coins are an excellent choice. These coins have been produced by the Mexican Mint since 1982 and are a favorite among collectors and investors alike.
How much is a Libertad worth? ›
Price by Year and Mintage
| Year | Mintage | Price and Availability |
|---|
| 2023 | | $38.64 Buy Now |
| 2022 | 550,000 | $43.65 Buy Now |
| 2021 | 450,000 | $48.65 Buy Now |
| 2020 | 300,000 | $53.65 Buy Now |
13 more rowsInvestopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Warren Buffett does not invest in gold. He has invested almost $1 billion in silver, so the reason for his aversion is not simply a dislike for precious metals.
Will silver hit $100 an ounce? ›
As of August 2024, one ounce of silver is worth around $29. To reach $100/oz, silver would have to gain over three times its current value. Although silver could realistically be worth $50 in 2025 or 2026, silver is unlikely to hit $100 per ounce unless an extreme set of economic circ*mstances become reality.
What does Dave Ramsey say about investing in silver? ›
I'd stop investing in gold and silver completely. I don't put money in precious metals at all, because they have a lousy long-term track record. — Dave Ramsey is CEO of Ramsey Solutions. He has authored seven best-selling books, including The Total Money Makeover.
American Silver Eagle coins are among the most highly-priced in the world due to their low mintage quantities, strong government recognition, and collectible value.
What is the best year of Silver Eagles to buy? ›
Years that you should look for in more worth are the 1980s to the early 2000s. Most valuable Silver Eagles coins: 1995-W Proof: $2,500-$3,200+ 1996 Uncirculated: $40-$65+
Is it better to buy Silver Eagles or rounds? ›
Silver coins generally carry higher premiums than silver rounds due to their rarity, demand, collectibility, and design. Silver coins often have higher collectible value because of their limited mintage and historical significance.
Why are libertads more expensive than eagles? ›
In terms of gold purity, the Mexican Libertad gold coin is purer than the American Eagle gold coin. The American Eagle includes small amounts of silver and copper to increase its durability. For silver, both coins have the same purity.
Why are US mint silver coins so expensive? ›
American Silver Eagle coins are among the most highly-priced in the world due to their low mintage quantities, strong government recognition, and collectible value. It can be a thrilling experience to purchase your first American silver Eagle.
Why are silver coin premiums so high? ›
Even once refined into pure silver, this then needs to be turned into bars or coins, and silver's unique properties once again make this difficult, contributing to the premium on silver being high.
Why are Mexican gold coins more expensive? ›
Mexico is rich in natural resources, including gold and silver, so the numismatic and precious metal investing communities have a long history with gold coins from Mexico. Because of its high-quality coins and widespread circulation, the Casa, known in Mexico, is a very prestigious mint.
