The Mexico Gold 5 Peso coin is a gold bullion coin from Mexico. It was minted by the national mint of Mexico, La Casa de Moneda de México from 1905-1955.
Overall, the coins are similar in size, the purity of the Mexico Gold 5 peso coin is 90% pure gold, slightly less than the 1/10 oz Gold Eagle’s purity of 91.67% pure gold. This makes the gold 5 peso coin harder and more durable to handle. The 5 peso gold coin contains more gold and a similar price point as the 1/10 oz gold eagle, which means you’ll get more gold for the same price.
Premiums on vintage gold bullion coins are lower than newly minted coins. Some Mexican gold peso coins were minted more than 100 years ago
- The Mexico Gold 5 Peso coin and US 1/10th Oz Gold Eagle coin are roughly the same size
The Mexico Gold 5 Peso coin is slightly larger than the US 1/10th Oz Gold Eagle, at 19 mm compared to 16.5 mm. By comparison, a modern US Dime is 17.91 mm in diameter, slightly larger than the fractional gold eagle, slightly less than the gold 5 peso. Since the coins are roughly the same size, both are easy to keep and store in a secure location that doesn’t take much physical space. - The Mexico Gold 5 Peso coin contains more gold than the 1/10 oz Gold Eagle
Even though the purity is slightly less, the Mexico Gold 5 Peso coin contains more gold than the 1/10 oz Gold Eagle, .1205 troy oz vs .10 troy oz. - The Mexico Gold 5 Peso coin carries a lower premium than the 1/10 oz Gold Eagle
The Mexico Gold 5 Peso coin often carries a lower premium per troy ounce when compared to the premiums on the 1/10 oz Gold Eagle. Often, dealer premiums for the Gold 5 Peso coin are around $10 per coin and at times can be found for much less. We’ve seen premiums on gold pesos as low as $5.00 per coin in recent months. Dealer premiums for 1/10 oz Gold Eagle coins are typically around $20 per coin.
If you’re dollar cost averaging as you grow your investment in gold, buy Mexican gold 5 Peso coins for a better value.