Mexico has long been involved in the production of quality gold and silver coins. The “Libertad” is a gold bullion coin that is highly sought after by investors and collectors alike, especially in these troubled economic times. The design of the Libertad is based on the Centennario‘s design.
History of the Mexican Libertad Gold Coin
The name “Libertad” refers to many different types of gold and silver bullion coins from Mexico. Currently, the Libertad is sold at weights of 1/20, 1/10, 1/4, 1/2 and a full troy ounce for both the silver and gold lines. Additionally, the silver coins are sold at weights of two and five troy ounces as well as at a weight of one kilogram. All Libertad coins must be of a .999 millesimal fineness of silver or gold in order to be considered official.
For the purposes of this article, all subsequent statistics and descriptions will refer to the gold Libertad only.
All official Libertads have a rather complex front design of the Mexican Independence Victory Column standing in front of two famous Mexican volcanoes, Iztaccihuatl and Popocatépetl. The reverse design contains the current Mexican coat of arms. The full troy ounce Libertad contains the Mexican coat of arms encircled by past Mexican coats of arms.
Mexico began minting a brilliant uncirculated Libertad series in 1981. That year contained only the 1/4, 1/2 and full troy ounce coins and was stopped until 1991, when the line was revised to contain 10,000 prints each of the 1/20, 1/10, 1/4 and 1/2 troy ounce coin. There were 109,193 of the full troy ounce pieces produced in that year. Mexico continued to mint this iteration of the Libertad line unbroken until the year 1995. Minting was resumed in the year 2000. No coins were minted in the year 2001. The line then resumed from 2002 until 2010, when the last Libertad uncirculated coins were minted.
The history of the Libertad proof series begins in 1989 when 704 1/2 troy ounce coins were minted. No other proofs were minted again until the year 2005, when the line included a 1/20, 1/10, 1/4, 1/2 and full troy ounce weight.
The original design of the Mexican Libertad is based in Centenario gold.
Pricing of the Mexican Libertad Gold Coin
The rarity of prints in the earlier years of the Libertad line gives them a relatively high price in the marketplace. They are also especially difficult to find outside of certain areas of the world, which only adds to the demand. The majority of Mexican Libertad coins remained uncirculated until many years after their initial minting. Today the price of Mexico’s Gold Libertad coin direcly depends on the purity and demand.
Where to Buy the Mexican Libertad Gold Coin
Because of the true rarity of the Libertad line, buyers must be especially careful when attempting to purchase the Mexican Libertad. The coins are relatively easy to counterfeit because of the easily duplicated methods of production. Any buyer should ensure their own safety by only going through reputable dealers with direct connections to the Libertad line. Such dealers may be found at thelondonmintoffice,com, govmint.com, perthmint.com and goldsilver.com.
To purchase a coin as rare as the Libertad from an unknown dealer is basically putting a great deal of risk on the purchase that need not be there. All collectors should ensure the authenticity of their collection by only purchasing from reputable, known coin dealers.