Mexican Gold Centenario Value to the Best Buyer in Las Vegas and Henderson, NV
The gold Centenario or the Centenario de Oro is among Mexico’s gold bullion coins. Mexico City minted these coins in 1921 to commemorate the country’s 100 years of liberation from Spain. Mexico’s emancipation from Spain suggested the name Centenario for the coin. Interestingly, the government distributed the coin with no intention of using it as currency. The coin has a face value of 50 pesos, but people use it mostly for its bullion value. After all, the bullion value of a gold Mexican Centenario is much higher than its face value. That said, you can sell yours for some fast cash. Read on if you want to learn more about the worth of a Mexican Centenario coin.
How Much is Mexican Centenario Worth in Las Vegas
The 50 Gold coin is considered to be the Centenario coin in Mexico. Numismatists in the country claim that the Centenario coin is the most popular coin that Mexican Mint has ever released. Its size is 1.2057 Ounces. The gross weight is 41.67 grams or 1.3396 oz. Its actual gold weight is 37.50 grams or 1.2057 oz. It is also made from .900 gold or 21.6 karats, 90% of pure gold, and 10% of copper alloy. The alloy provides density, which gold alone cannot provide. Its diameter is 37.00 MM or 1.4567 inches with a thickness of 2.69 MM or .104 inches.
Mexican Gold Centenario Value
Other Mexican Gold Coins, such as the Mexican Peso Gold Coins and The Mexican Libertad Gold Coins, are also part of the Mint’s collection. Though they have the same designs on their backside, they differ in their designs on the coin’s obverse and sizes. The Mexican Peso Gold Coins are valued at 20 pesos with .4823 ounces, 10 pesos with .2411 ounces, five pesos with .1205 ounces, 2.5 pesos with .0602 ounces, and the two-peso coin with .0482 ounces. On the other hand, The Mexican Gold Libertad coin is produced in five sizes: 1 oz., ½ oz., ¼ oz., 1/10 oz., and 1/20 oz. These are just some details that can help you authenticate your piece, which can also determine the worth of your Mexican Centenario coin.
Where to Sell Centenario Mexican Gold Coins Around Vegas
Nevada Coin Mart is the number one and the largest buyer of Centenario Mexican gold coins in Las Vegas and Henderson, Nevada. We also buy other precious metals from thousands of satisfied customers locally and internationally.
Being one of the largest dealers of silver coins and other precious items, we do our best to make our services available as much as we can. For this, we open our only store 365 days a year, from AM to 6 PM. Visit us at Nevada Coin Mart® 4065 S. Jones Blvd Las Vegas, NV 89103 to get a free quote for your Gold Centenario coins. You can also call us up at 702-998-4000 to talk to one of our gold experts today.
Brief History
Mexican Gold Centenario was first issued from 1921 to 1931. The government issued these coins annually for ten consecutive years. They called it “Centenario” to commemorate the hundredth-year memorial of the independence of Mexico from Spain. The Mexico City Mint, known before as La Casa de Moneda de Mexico, reproduced the Centenario coins from 1943 to 1972. Historians consider the Mexico City Mint as one of the oldest mints in the world.
Gold Centenario paved the way for the reproduction of two new Mexican Gold Coins: the Mexican Libertad Gold Coins and the Mexican Peso Gold Coin. The latter had been in circulation from the 19th century to the early 20th century. In contrast, the Mexican Libertad came to be in 1981, and its features were similar to that of the 1921 Gold Centenario until the year 2000. The Mexico City mint also released the Commemorative Medallic, which did not have the 50 peso face value on the coin in 1943 and again in the 1950s and 1960s.
Design of Mexican Gold Centenario
Designed by Emilio del Moral, the Centenario Mexican gold coin’s obverse side highlights the image of Winged Victoria, which symbolizes independence. The image depicts her holding a laurel wreath in her right hand and her left hand’s broken chains of colonialism. He used the two historical and important Mexican volcanoes, Popocatepetl and Iztaccihautl, as the background for both sides of the coin. Also, he engraved the year 1821 on the lower left of the coin to commemorate the year of Mexico’s independence.
The reverse side of the coin depicts the Mexican Coat of Arms. Del Moral chose to feature an eagle perched on a cactus carrying a serpent in its beal. He also added the phrase “ESTADOS UNIDOS MEXICANOS,” which translates as the United States of Mexico on this side of the coin. The prominence of these details can affect the worth of a Mexican Centenario coin.
References:
https://bullionexchanges.com/buy-gold/mexican-gold-coins
https://libertycoinservice.com/mexico-gold-50-peso-information/