Mexican Dos Pesos gold coins are an attractive option for investors seeking to acquire gold at a lower premium over the spot price.
Each coin is about the size of a dime and contains 0.0482 troy ounces of gold, making them an affordable way to acquire physical gold without committing to larger, more expensive pieces.
The obverse features the iconic Mexican national emblem: an eagle perched on a cactus with a serpent in its beak, symbolizing strength and independence.
The reverse showcases the coin’s denomination and intricate design elements that reflect Mexican artistry.
Dos Pesos History
La Casa De Moneda in Mexico City introduced the Dos Pesos Gold Coin in 1919. In the first year, 1,670,000 coins were minted. Production continued through 1920 before being halted.
The Mint restarted production of the 2 pesos oro in 1944 and continued through 1948.
Dos Pesos coins produced at La Casa De Moneda carry the “Mo” mint mark, with the lowercase o centered above the uppercase M.
The mint mark is most commonly located on the reverse of most 2 pesos coins, below the bow in the wreath.
Dos Pesos coins are made of 90% gold, a purity level typical of circulating coins of their era.
The Mint produced these coins again from 1951-1972, providing investors and collectors with investment coins even though it was illegal for Americans to own gold. During this period, 4,590,493 coins were struck with the 1945 date.
In 1996, the Mint issued additional restrikes with a matte finish. From 2000 to 2009, another 260,000 restrike coins with the 1945 date were minted.
Coin Specifications
- Denomination: 2 Pesos
- Total Weight: 1.666 grams
- Actual Gold Weight (AGW): .0482 troy ounces (1.499 grams)
- Composition: 90% Gold, 10%
- Diameter: 13 millimeters
- Thickness: 1.02 millimeters
Dos Pesos Mintage History Chart
| Year | Mintage | Comments |
|---|---|---|
| 1919 Mo | 1,670,000 | |
| 1920 Mo | 4,282,000 | |
| 1944 Mo | 10,000 | |
| 1945 Mo | 140,000 | 1945 original strikes |
| 1945 Mo | 4,590,493 | 1951-1972 restrikes (dated 1945) |
| 1945 Mo | 1996 Matte restrikes (dated 1945) | |
| 1946 Mo | 168,000 | |
| 1947 Mo | 25,000 | |
| 1948 Mo | 45,000 |
While the mintage years span over 90 years, a large quantity of the available coins in the market are restrikes.
Throughout the 90 year production run 10,930,493 Dos Pesos Gold coins were produced.
Proven Store of Value
Mexican Dos Pesos gold coins combine affordability, portability, and historical significance, making them an excellent choice for both novice and experienced investors.
Their low premiums, ease of trade, and recognized value make them a versatile and practical way to own physical gold, providing security and stability as a store of wealth.