You have seen this before? And here it is again. An old classic beauty as this gold coin must be shown over and over again!
The Mexican 50 Peso gold coin is also known as the Centenario because it was first issued in 1921 to commemorate the 100th anniversary of Mexico’s independence from Spain.
Most stackers are aware that most old gold coins have been alloyed with copper for durability, because they are minted primarily for circulation.
The gold coin pictured below contains 37.5 grams (1.2057 oz) of gold in an alloy of 90% gold and 10% copper.
It is a 21.6 karat gold coin.
50 Pesos Mexican Gold Coin
The 50 Peso Mexican Gold Coin is called as the gold Centenario because it was first issued in 1921 by the Mexican Mint to commemorate 100 years of Mexican independence from Spanish colonial rule. The coins were issued regularly from 1921 to 1931 and restarted again from 1943. The coins issued from 1949 to 1972 typically have a set 1947 date mark.
On the obverse side of the 50 Peso Mexican Gold Coin is the original depiction of Winged Victory. Designed by Emilio del Moral, this image features a front-facing Angel of Independence as she holds the wreath crown of military victory and self-governance over her head in her right hand. The left hand is down at her side and clutches the broken chains of servitude.
The reverse of all 50 Peso Mexican Gold Coins features the coat of arms for Mexico. These coins could feature various depictions of the Mexican coat of arms, but the general design remains focused on a golden eagle on a cactus perch as it battles with a snake.
Source
https://www.jmbullion.com/50-peso-mexican-gold-coin-vy/
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