First minted in 1982, the Mexican Silver Libertad is struck by the Mexican Mint, one of the world’s oldest and largest producers of both gold and silver coins. The coin has become an essential item for adding great value to a portfolio or collection thanks to its beautiful design, high purity, and spectacular quality.
On the obverse of the Mexican Silver Libertad is the winged Victoria, otherwise known as the Angel of Independence. She is standing on top of the Mexican Independence Victory Column, a powerful symbol of Mexico City. Behind winged Victoria sits the twin volcanoes of Popocatepetl and Iztaccihuti, which are named after two lovers who were separated by death. Above winged Victoria are the inscriptions that state the coin’s weight, purity, metal content, and date of issue.
The reverse side of the Mexican Silver Libertad displays Mexico’s coat of arms, which features an eagle with a snake in its beak while perched atop a cactus. Surrounding the eagle is the engraving of the official name of Mexico in Spanish, ESTADOS UNIDOS MEXICANOS. Later versions of the Mexican Silver Libertad include 10 additional coats of arms that encircle the official coat of arms.
The most popular legend about the volcanoes, Popocatepetl and Iztaccihuti is a love story between a warrior (Popocatepetl) and a princess (Iztaccihuti).
Popocatepetl was sent to war by Iztaccihuti’s father who promised the couple they would have his blessing in marriage once the warrior returned. However, as Iztaccihuti’s father was sure the warrior wouldn’t return from battle, he arranged several alternative suitors for the princess. One of the rival suitors told Iztaccihuti that Popocatepetl had been killed at war and, not wishing to live without him, she killed herself with a dagger.
When Popocatepetl returned and discovered the death of his beloved Iztaccihuti, he took her to the top of a mountain where he hoped the cold would wake her. Popocatepetl refused to leave her side and eventually froze to death. After some time, their bodies were covered in snow, forming two volcanoes that remained joined forever. Popocatepetl’s mountain was named The Smoking Mountain, and Iztaccihuti’s mountain was called The Sleeping Woman.
Mexican Silver Libertads are struck in .999 pure silver and have been released every year since 1982. From 1982 to 1991, only 1 oz. versions of the coin were issued. Then, in 1992, the Mexican Mint released 1/20, 1/10, ¼, and 1/2 oz. weights, as well as 1 oz. Mexican Silver Libertads. A few years later in 1996, the mint went on to produce 2 oz. and 5 oz. versions too.
There have been some years when mintages were very low, making it difficult to find these specific Mexican Silver Libertads today. For example, only 67,000 1 oz. coins were struck in 1998 and just 600 1 oz. proof coins were issued in 1999. While the Mexican Mint has produced varying amounts of the Mexican Silver Libertad over the years, they haven’t ever been able to compete with the mintage figures of other leading world mints, such as the U.S. Mint and the Royal Canadian Mint.
Whether it is a bullion or proof Mexican Silver Libertad, you can rest assured that you’ll be investing in a coin from the longest standing mint in the Americas. The Mexican Silver Libertad is not only one of the most recognizable and stunning fine silver coins the world has ever seen but it’s also a piece of Mexican coinage history.
The Mexican Silver Libertad’s beautiful design is based on Mexican culture and history, meaning collectors can find enjoyment in the coin as well. The low mintage issues are particularly sought-after by both investors and collectors because they are an excellent store of value. As the coin also comes in a variety of weights, it offers you an affordable way to diversify your portfolio, regardless of your investment budget.
If you’re interested in getting your hands on a Mexican Silver Libertad, it’s usually easier to acquire one from a trusted online dealer. Please don’t hesitate to reach out to Capital Gold Group for more information on how we can find the right coin for your portfolio or collection.