About The 50 Peso Mexican Gold Coin
First minted in 1921, the Mexican 50 Peso gold coin's design holds special meaning to the Mexican people.
In 1910, the country commemorated the one-hundredth year since the beginning of its War of Independence with Spain. To celebrate their freedom on this centennial event, a giant column bearing a statue influenced by classical Greece was erected in Mexico City. The statue was the winged Nike, or Victory, and she stood 6.7 meters tall.
Composed of bronze and gold, the figure was dubbed the Angel of Independence. This statue and the proud spirit she represents were depicted on the obverse face design of the Mexican 50 Peso coin and she remains there on the latest examples.
The Mexican coat of arms is displayed on the reverse side of the coin. The main feature of this coat of arms is a proud eagle, perched atop a cactus, feeding upon a snake. Even this coat of arms is rich in symbolism as the design came from an Aztec legend where they were told by their gods to establish a city upon the spot where they witnessed an eagle on a prickly pear cactus eating a serpent. As legend would have it, this spot is the present day location of Mexico City.
Of interesting note, the Mexican 50 Peso gold coin was produced before the South African Krugerrand, and prior to 1967, it was one of a very few gold bullion coins available globally. The total gold content of the Mexican 50 Peso coin is 1.2057 Troy Ounces, and the coins commonly sell for a small premium above the gold content value.
Sell Your 50 Peso Coin With Gold Traders
To sell your impressive Mexican gold coin, one of the largest available in its day and a founding gold bullion coin, fill out our online claim form to get started. We will be sure to get in touch shortly after to arrange your possible sale, which can be performed remotely or in-person at our Wiltshire office, whichever you prefer.
