Mexico Gold 5 Peso Coin - 3 reasons why it's a better investment than 1/10 oz American Gold Eagle - FindBullionPrices.com (2024)

The Mexico Gold 5 Peso coin is a gold bullion coin from Mexico. It was minted by the national mint of Mexico,La Casa deMonedadeMéxico from 1905-1955.

1. The Mexico Gold 5 Peso coin and US 1/10th Oz Gold Eagle coin are roughly the same size
   The Mexico Gold 5 Peso coin is slightly larger than the US 1/10th Oz Gold Eagle, at 19 mm compared to 16.5 mm. By comparison, a modern US Dime is 17.91 mm in diameter, slightly larger than the fractional gold eagle, slightly less than the gold 5 peso. Since the coins are roughly the same size, both are easy to keep and store in a secure location that doesn’t take much physical space.
2. The Mexico Gold 5 Peso coin contains more gold than the 1/10 oz Gold Eagle
   Even though the purity is slightly less, the Mexico Gold 5 Peso coin contains more gold than the 1/10 oz Gold Eagle, .1205 troy oz vs .10 troy oz.
3. The Mexico Gold 5 Peso coin carries a lower premium than the 1/10 oz Gold Eagle
   The Mexico Gold 5 Peso coin often carries a lower premium per troy ounce when compared to the premiums on the 1/10 oz Gold Eagle. Often, dealer premiums for the Gold 5 Peso coin are around $10 per coin and at times can be found for much less. We’ve seen premiums on gold pesos as low as $5.00 per coin in recent months. Dealer premiums for 1/10 oz Gold Eagle coins are typically around $20 per coin.

Overall, the coins are similar in size, the purity of the Mexico Gold 5 peso coin is 90% pure gold, slightly less than the 1/10 oz Gold Eagle’s purity of 91.67% pure gold. This makes the gold 5 peso coin harder and more durable to handle. The 5 peso gold coin contains more gold and a similar price point as the 1/10 oz gold eagle, which means you’ll get more gold for the same price.

If you’re dollar cost averaging as you grow your investment in gold, buy Mexican gold 5 Peso coins for a better value.