The Mexican 50 Pesos Centenario Gold Coin is one of the most famous and sought-after gold coins from Mexico. It was first minted in 1921 to commemorate the 100th anniversary of Mexico’s independence from Spain, hence the name “Centenario.”
Centenario Design
Obverse: The obverse features the iconic image of “Winged Victory,” a depiction of the Roman goddess Victoria standing on a pedestal, holding a laurel wreath in her right hand and broken chains in her left. Behind her are the Popocatépetl and Iztaccíhuatl volcanoes. The date “1821” is inscribed to commemorate the beginning of Mexico’s independence.
Reverse: The reverse shows Mexico’s national coat of arms, featuring a golden eagle perched on a cactus, holding a snake in its beak and talon. The words “Estados Unidos Mexicanos” (United Mexican States) are inscribed around the eagle.
Centenario Specifications
The Centenario Gold Coin has a gross weight of 41.67 grams and contains 37.5 grams (1.2057 troy ounces) of pure gold, making it one of the largest and heaviest gold coins in circulation.
The coin is 90% gold (21.6 karats), with the remaining 10% being copper, which gives it a distinct reddish hue. The diameter of the Centenario is 37 mm, while the thickness is 2.69mm.
Historical Significance
The Centenario 50 Pesos Gold coin was initially minted in 1921, but its production continued in various years, with a notable reissue in the 1940s and 1950s due to the high demand for gold coins. Some of these later issues bear the original date of 1947, making them re-strikes rather than original coins.
Investment and Collectibility
Due to its large gold content and historical significance, the Centenario is a popular choice among investors and collectors. Its relatively low premium over the gold spot price makes it an attractive option for those looking to invest in gold.
The coin is also admired for its detailed and beautiful design, making it a favorite among numismatists.
Centenario 50 Pesos Coin Mintage History
Year
Mintage Amount
1921
180,000
1922
463,000
1923
432,000
1924
439,000
1925
716,000
1926
600,000
1927
606,000
1928
538,000
1929
458,000
1930
372,000
1931
137,000
1943
89,000
1944
593,000
1945
1,012,000
1946
1,588,000
1947
309,000
1949-1972
4,449,554 *
Originally minted from 1921 until 1931, production of the Centenario 50 Pesos Gold coins was suspended because of diminished demand during the Great Depression when many countries removed gold coins from circulation.
From 1933 until 1974, during the time when gold ownership was illegal for regular citizens, 50 Pesos coins were exempt from the ban due to their numismatic value. The numismatic clause allowed for gold investors to become coin collectors as a way to bypass the prohibition on gold ownership.
Minting resumed in 1943 and continued through 1947 as demand for gold increased due to the second World War.
Production of restrike coins began in 1949 with all coins minted continued to bear the 1947 date. 1947 Centenario restrike coins continued to be minted through 1972.
In 1996, the Mexican Mint began another production run of restrikes and minted at least 7,954,777 coins. These restrike Centenario coins are commonly available in the market as investment-grade gold bullion coins.
Fractional gold coins are one of the easiest and most affordable ways to buy gold coins. While modern fractional gold coin premiums can seem extremely high relative to their full troy ounce counterparts, vintage gold coins are a popular way for investors to save significant premiums over the long haul.
When considering an investment in gold coins it is important to consider the premiums that you will pay over the gold spot price. For many investors it is more reasonable to purchase fractional gold coins more frequently, rather than saving up to purchase larger gold coins.
The 1/10th oz American Gold Eagle coin is often the first choice due to its popularity. However, dealer premiums can often exceed 10-15%, sometimes even higher. Comparing premiums with the 1 oz Gold Eagle which you can often find with a much lower premium of 1% to 2% over gold spot price.
Fractional gold coins have been circulated as currency for hundreds of years. Since gold doesn’t degrade and last thousands of years, there are a large assortment of vintage gold coins available in the bullion market that carry a lower premium than their modern counterparts.
Latin Monetary Union Gold Coins
The Latin Monetary Union (LMU) was an early attempt at unifying Europe under a single currency standard during the early 19th century. LMU coins were developed around the French Franc standard under Napoleon I beginning around 1803. The most common gold coin of the time was the 20 Francs Gold Coin.
20 Francs Gold Coins
The 20 Francs Gold Coin is one of the most popular vintage gold coins that you can buy at a low premium. Each is struck on a 21mm planchet and contains 6.45161 grams of .900 fine gold, which is .1867 troy ounces. The diameter of the coin is slightly smaller than a US Quarter dollar coin.
20 Francs Napoleon III
The 20 francs gold coin was designed to be a stable and reliable unit of currency that could facilitate trade and store value. The majority of the 20 Francs Gold coins that are traded as bullion today were minted in France during the 19th century. They feature a variety of designs that include portraits of various rulers of France during the era, including Napoleon I, Louis XVIII, Napoleon III, as well as French Third Republic gold coins like the “Lucky Angel” and the Gallic Rooster.
Its circulation was not limited to France; eventually becoming the standard coin across Latin Europe, playing a crucial role in international trade. After the creation of the Latin Monetary Union (LMU) was established in 1865, 20 Francs gold coins were minted and circulated in a number of different countries throughout Europe and other parts of the world. Other common variations include the Helvetia or Vreneli 20 Francs from Switzerland, 20 Lire Gold Coins from Italy, Belgian 20 Francs and many others.
It is difficult to measure the number of gold coins that were minted by LMU member countries due to the extensive period of production and the number of countries that adopted the standard. However, it is clear that millions of these coins were produced over the decades to meet the needs of trade, investment, and currency stability in Europe.
As the value of paper fiat currencies continues to drop, gold coins can help protect wealth against inflation. The relatively small size of the 20 Francs gold coin makes it easy to store, transport, and trade. They are generally highly liquid assets, meaning they can be easily converted into cash when needed.
10 Francs Coins
The 10 Francs Gold Coin contains half the amount of gold as the 20 Franc, 3.2258 grams of .900 fine gold. The 10 Francs Gold Coin contains .0933 troy ounces of gold, which is slightly less than 1/10th troy ounce.
When looking for vintage counterparts to modern American gold bullion, the 10 Francs Gold coin is comparable to the 1/10th oz American Gold Eagle. The premiums on 10 Francs Gold Coins are typically around 12% over the melt value, while modern fractional bullion can be significantly higher.
Ducat and Corona Gold Coins
The Gold Ducat originated in the Republic of Venice in the 13th century. Ducats were widely used across Europe as trade coins beginning from the medieval period onward.
1 Ducat Coins
The Gold Ducat was used as a trade coin in various parts of Europe during the late middle ages into the early 20th Century. Gold Ducat coins were minted using .986 fine gold, which is particularly high for a circulating gold coin.
Austria 1 Ducat Gold coin
Popular versions of the Gold Ducat were produced in Austria, Hungary and the Netherlands. Each 1 Ducat Gold Coin contains .1106 troy ounce of gold, slightly more than 1/10th oz.
Premiums on 1 Ducat Gold Coins can be as low as around 5% over their melt value. Their high gold purity and low premium makes them one of the most affordable fractional gold coins for investors.
4 Ducat Gold Coin
Based on the Ducat Gold Standard, the 4 Ducat Gold Coins contains four times the amount of gold as the 1 Ducat. Like the 1 Ducat, the 4 Ducat Gold coin is also minted from .985 fine gold and contains 0.4430 troy ounce of gold.
Austria 100 Corona
The Gold 100 Corona was first minted in Austria-Hungary in the 19th century. The Austria Corona was primarily used as a trade and circulation coin. It was intended to facilitate large transactions and store value in a stable and internationally recognized form. The coin played a significant role in the economic system of Austria-Hungary, serving both domestic and international trade needs.
Various denominations of Corona Gold Coins were issued throughout the long period of production until the dissolution of Austria-Hungary in 1918 following the outbreak of World War I. It is known that these coins were produced in large quantities to support the economic and financial needs of the empire.
Great Britain Gold Sovereign
Great Britain has a history of minting many beautiful gold coins. One of the most popular British Gold Coins from England is the Gold Sovereign. The Royal Mint began minting the Gold Sovereign in 1817. Each gold sovereign coin contains .2354 troy ounces of gold. The Gold Sovereign is one of the most popular vintage gold bullion coins for investors and stackers.
Gold Sovereign with a Perth Mint Mark
Millions of Gold Sovereign coins have been minted since the inception of the series, including from various overseas mints during the Colonial period. You can often buy Gold Sovereigns for as low as 3% to 4% over the melt value.
With dozens of unique variations, mint marks and other details, sovereign gold coins have a well established numismatic history, a variety of interesting design variations and are widely recognized throughout the world. The British sovereign gold coin has a rich history as a medium of international trade, a store of wealth, and a symbol of stability and reliability.
British Half Sovereign
Other variations of the Sovereign standard include the half sovereign. The half sovereign gold coin contains half the amount of gold (.1177 ozt) as the full sovereign, representing half the value.
First minted in 1817 after the Great Recoinage of 1816, which aimed to standardize British coinage and restore confidence in the country’s currency.
The mintage of half sovereign has varied significantly over the years. Some years saw very limited productions, making those coins particularly rare and valuable to collectors. The intrinsic value of these vintage gold coins can make them a valuable addition to investment portfolios.
Its extensive minting history and role in the gold standard era have cemented the British Gold Sovereign status as a key piece in the world of numismatics and precious metal investment. As an investment, Sovereign gold coins are a naturally fractional and are a popular choice among gold buyers that are looking for one of the lowest premium investment coins in the market.
Today, the British sovereign gold coin is primarily a bullion coin for investors and collectors, valued for its historical significance, artistic design, and gold content. While it is no longer used as circulating currency, the sovereign remains a symbol of Britain’s rich numismatic heritage and is considered one of the most prestigious gold coins in the world.
Mexico Gold Pesos
Mexican Gold Pesos coins are some of the most beautiful vintage gold coins in the world. While Gold prices fluctuate, the popularity continues to increase due to the coins intrinsic gold value.
Gold Pesos from Mexico capture the appeal of investors and stackers due to their gold content and familiarity, while collectors adore both the designs and their connection to Mexico’s rich numismatic history.
All Gold Pesos were minted at the Mexican Mint, la Casa de Moneda in Mexico City in a common .900 gold alloy with 10% copper. The addition of copper during the minting process gives coins a hardness to withstand the wear of circulation.
Six different denominations of the Gold Pesos were minted to commemorate the centennial of Mexico’s hard won independence from Spanish colonial rule.
2 Peso Gold Coin
Dos Pesos Gold Coin Obverse
The 2 Pesos Gold coin (dos Pesos) is the smallest denomination of the gold peso. Each Dos Pesos contain .0482 troy ounces or roughly 1.50 grams of gold.
The 2 Peso Gold Coin features the Mexican Coat of Arms on the obverse, which shows an eagle facing forward while perched on a cactus in a lake with a snake in its beak. The reverse shows the face value of “Dos Pesos”, the year of minting and a laurel design.
The dos pesos coin is a popular choice with collectors and investors as an introduction to gold coins because of the affordable price point.
2.5 Pesos Gold Coin
The Mexican 2.5 Pesos Gold Coins were produced from from 1918-1948. Most of the coins on the market that are sold as 1945 2.5 Pesos Gold Coins are restrikes that were produced between 1951-1972 and again in 1996.
The obverse features a portrait of Miguel Hidalgo y Costilla, a key figure in Mexico’s fight for independence from Spain. The reverse showcases the Coat of Arms.
Each 2.5 Pesos Gold Coin contains .0603 troy ounces, roughly 2.0833 grams of gold bullion.
5 Pesos Gold Coin
The Mexican 5 Peso Gold Coin contains .1205 troy ounces, roughly 3.75 grams of gold bullion. Each 5 pesos contains slightly more than 1/10 oz of gold.
The design of the coin is the same as the dos y medio and the diez pesos gold coins, with Miguel Hidalgo y Costilla on the obverse and the Coat of Arms on the reverse.
The premiums on 5 Peso Gold Coins are often much lower than similar weight coins. Having a lower premium makes them an attractive investment for bullion investors.
10 Pesos Gold Coin
The Mexican 10 Peso Gold Coin contains .2411 troy ounces, roughly 7.49 grams of gold.
The premiums on the Gold 10 peso Coin are lower than similar weight coins, with an approximate gold weight that is slightly lighter than 1/4 oz gold. For investors that buy 1/4 oz gold coins on a regular basis, the savings on premiums over the long haul can add up to a significant amount.
20 Pesos Gold Coin
The Mexican 20 Peso Gold Coin contain .4823 troy ounces, 15 grams of gold. First minted in 1917 and continued until 1959 and was part of the country’s efforts to establish a gold standard for its currency.
Many investors consider the design of the Gold Mexican 20 Pesos, or “Veinte Pesos”, to be one of the most beautiful fractional gold coins available.
The reverse show cases a more modern version of the Coat of Arms, which depicts an eagle perched on a cactus in a lake with a snake in its beak. The obverse features the Aztec Calendar, also known as the Sun Stone, which pays homage to Mexico’s pre-Columbian heritage.
The coin’s aesthetic appeal makes it a favorite among collectors and investors. Annual mintages varied year to year, with some having significantly higher mintages than others.
As a fractional gold coin, 20 Pesos are an affordable way to enter into the gold market. Each coin is slightly less than 1/2 oz gold, making it good alternative to modern bullion coins.
50 Pesos Centenario Gold Coin
The 50 Peso Gold Coin was minted by the Banco de Mexico between 1921 and 1947. It is also commonly referred to as the Centenario Gold Peso and contains approximately 1.2 troy ounces of pure gold, making it a substantial piece for both investors and collectors. It was first minted in 1921 to commemorate the 100th anniversary of Mexico’s independence from Spain.
It was the first gold bullion coin minted in large quantities, predating the South African Krugerrand by almost a half century. During the period of gold ownership prohibition from 1933 until 1974, collecting Centenario gold coins was a popular way to invest in gold, due to the numismatic clause in the restrictions.
The obverse features the image of Winged Victory, also known as El Angel, a symbol of Mexican Independence. Behind the statue in the background are the countries famous volcanoes, Popocatepetl and Iztaccihuatl. The modern Libertad features a contemporary rendition of Winged Victory.
Precious Metals investors and enthusiast of all budgets are always on the lookout to add interesting, affordable and cheap gold coins to their portfolio. Investors with smaller budgets, or those new to precious metals may find the idea of spending close to $2,400 on a 1 oz Gold Coin daunting. So we’ve put together a small guide for the budget conscious of five gold coins that you can buy for less than $300 each.
With the current gold spot price wavering between $2,250-$2,400 per ounce many investors look to fractional gold coins as a way to diversify into gold without having to spend a lot of money.
Many investors choose modern 1/10th oz American Gold Eagle or 1/10th oz Canadian Gold Maple Leaf coins. These are a good choice, however, the premiums on these coins can be much higher than vintage gold coins. Vintage fractional gold coins can often be found with much lower premiums.
Gold Coins that Cost Less than $300
10 Francs Gold Coins
10 Francs Gold Coins were minted by a number of different countries under the Latin Monetary Union during the 19th and 20th centuries. The most popular 10 Franc Gold coins were minted in France and Switzerland.
There are at least three popular designs that investors seek for their bullion value and low premiums.
The 10 Francs Rooster Coin was struck from 1899 to 1914 in France. The obverse of the coin features the Gallic Rooster standing proud along with the French national motto of Liberte Egalite Fraternite.
The original design of the 10 Francs Gold Coin was that of Napolean III. Minted from 1854 to 1860, these coins mimic the 20 Francs and features a right-profile portrait of Napoleon III on the obverse, with the engravings Napoleon III and Empereur around the portrait.
Helvetia 10 Francs Gold Coins where struck from 1911 to 1922 in Switzerland towards the end of the Latin Monetary Union. The coins feature the young bust of Helvetia facing left, with the denomination and year of minting on the reverse.
10 Francs Gold Coin Highlights:
Composition: Gold
Fineness: 90%
Weight: 3.2258 grams
Actual Gold Weight (AGW): 0.0933 troy oz
Mexican 5 Pesos Gold Coins
The Mexican 5 Peso Gold Coin contains roughly .1205 troy ounces, roughly 3.75 grams of gold bullion. The premiums on fractional gold like the Gold 5 Peso Coin are often much lower than other fractional gold coins making them an attractive investment for bullion investors.
Cinco Peso Mexican Gold Coins were produced by the Mexican National Mint, La Casa de Moneda de Mexico. The Mexican 5 Peso Gold Coins were produced from from 1918-1948. Most of the coins on the market that are sold as 1945 5 Peso Gold Coins are restrikes. Many of the restrikes were produced between 1951-1972 and again in 1996.
5 Pesos Gold Coin Highlights:
Composition: Gold
Fineness: 90%
Weight: 4.1665 grams
Actual Gold Weight (AGW): 0.1205 troy oz
Gold 1 Ducat Coins
Gold 1 Ducat coins were minted in Austria and Netherlands during the late 19th and early 20th centuries. Most of the Gold 1 Ducat coins that are available today are restrikes that are produced by the Austrian Mint based on the design featuring the bust of Emperor Franz Joseph I that are dated as 1915.
1 Ducat Gold Coin Highlights:
Composition: Gold
Fineness: 98.6%
Weight: 3.494 grams
Actual Gold Weight (AGW): 0.1107 troy oz
Obverse: Laureate head right facing bust of Emperor Franz Joseph I.
Reverse: Crowned imperial double headed eagle.
Great Britain Half Sovereign Gold Coins
The British half sovereign was first introduced in 1544 under Henry VIII. Gold Sovereigns and Half Sovereigns were discontinued from 1604 until 1817. The reestablishing of the Gold Sovereigns occurred following a major revision of British coinage in 1817. Production continued until 1926.
After 1926, production of Gold Sovereign coins was limited primarily to special issues for coronation years. Annual minting was restarted by the Royal Mint in 1980.
The Gold Half Sovereign was also used extensively in Australia, until 1933.
The reverse side, featuring St. George slaying a dragon was designed by Benedetto Pistrucci, whose initials appear to the right of the date.
Half Sovereign Gold Coin Highlights:
Composition: Gold
Fineness: 91.66%
Weight: 3.99 grams
Actual Gold Weight (AGW): 0.1176 troy oz
Obverse:
Reverse:
Austria 4 Florins/10 Francs
The 4 Florin/10 Francs gold coins were minted in Austria between 1870 and 1892. Under the reign of Emperor Franz Joseph I, Austria began to join the Latin Monetary Union. During that time the Austrian Mint started striking the 4 Florin/10 Francs as trade coins.
The Florin gold coins were minted in two denominations: the 4 Florin gold coins with a face value of 10 Francs and the 8 Florin gold coins with the corresponding value of 20 Francs.
The Austria Mint still produces the 4 Florin 10 Francs gold coins. The restrikes typically show the date as 1892. Gold bullion investors are the primary buyers of the modern restrikes. The majority of the coins available in today’s bullion market are restrikes.
The “Trap Coin”, designed and sculpted by Roman Booteen is a uniquely designed and carefully crafted “Hobo Nickel” in 2017. The coin’s unique spring loaded finger trap contraption has caught the attention of coin collectors and art collectors and many more.
The coin sold at auction for over $10,000 and The Heads or Tails Coin Company purchased the rights to reproduce the design, complete with the fully functional trap mechanism. The reproduction trap coin is now available for purchase. The reproduction is limited to only 999 replica coins.
The coin’s bezel, jaws and trap are cast from .925 Sterling Silver. The obverse of the coin features a Morgan Dollar that has been domed to hide the mechanism of the trap.
The reverse features a Mexican Dos Peso Gold Coin and the spring-loaded trap.
Trap Coin-Features:
Authorized reproduction of Roman Booteen’s original Trap Coin produced by Heads or Tails Coins & Collectibles
Unique and fully functional trap mechanism
Bezel, Jaws & Trap cast from 20 grams of 925 silver
Limited to ONLY 999 replicas
Individually laser-etched with serial number
The coin arrives in a collector’s box with its certificate of authenticity
Bas-relief sculpture on a hobo nickel
Includes an original Morgan Dollar
Consists of the original Dos Pesos .0482 troy ounce gold coin
Design Highlights:
Unique and carefully crafted sculpting and functionality
Obverse: A domed Morgan Dollar, highlighting the iconic bald eagle
Reverse: 1945 Gold Dos Peso Coin, surrounded by a spring-loaded finger trap
The trap opens and becomes a part of the border work
Around the circumference of the coin, there is an inscription by Sir Walter Scott reads, “AURUM MULTO MAGIS ANIMAS PERDIDIT QUAM FERRUM CORPORA CECIDIT. “- Definition of the Inscription: “Gold has killed more souls than iron.”
The “Trap coin” makes an excellent gift for any coin or precious metals enthusiast, investor or collector.
Mexican Gold Peso coins have long been a favorite for savvy investors that want to invest in gold but save on the paying dealer premiums over melt.
Mexican Gold Peso coins were minted by the Mexican Mint,La Casa de Moneda de México, the oldest mint in North America and the official mint of Mexico.
Gold Peso coins from Mexico were minted in six different denominations ranging from the smallest 2 Peso gold coin to the largest 50 Peso gold coin. The coins were minted in an alloy containing 90% gold, the remaining 10% being copper which helps to give the coins a sturdy, durable feel as well as the orangish hue for which they are known.
The six denominations and their approximate gold weight (AGW) are:
Premiums on gold Mexican Pesos vary depending on the denomination and the dealer. Dealer premiums can be as low as 1% above melt price for larger denominations or as low as 6% to 8% for the smallest denominations.
Gold Peso coins from Mexico can often be found at the lowest premiums for fractional gold coins or bullion.
FindBullionPrices.com tracks silver and gold bullion prices from trusted and reputable online dealers to help you find the best prices when you what to buy Mexican Gold Peso coins.
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a small commission. More information about our affiliate programs can be found here.
The Promotion starts at 5:00AM PT on December 5, 2018 and ends at 11:59PM PT on December 6, 2018 (the “Promotion Period”). The Promotion applies to any qualifying items purchased during the Promotion Period that meet the minimum purchase requirement. You must activate the offer to qualify.
Gold:
Napolean III 20 Francs for below melt
Random 1/2 oz Canada Gold Proof Coins below melt
Random 1/2 oz First Wives Gold coins below melt
$20 Liberty Double Eagle (cleaned) below melt
Random US Mint Commemorative 1 oz gold coins below melt
Mexican 50 peso gold coins below melt
Silver:
MCM has 2018 Silver Eagle Tubes of 20 that net for around $16.25 per coin
Bullion Exchanges has lot of 5 RMC silver rounds
2018 5 oz Proof Libertad
5 oz Englehard Australia Cast Bars
Bullion Exchanges 10 oz Silver Bars (Various listings)
A few lots of 10 1 oz silver rounds
Here’s a list of more eBay Bucks eligible bullion items:
When considering gold coins as a store of wealth, it’s important to recognize that certain gold coins have gained international reputation and are widely recognized as reliable stores of wealth.
For anyone looking to hold gold as a store of wealth or even as a way of bartering in the event of economic collapse, the best gold coins to buy are the most popular and highly recognizable gold coins such as the Gold Eagle, Maple Leaf, and Krugerrand. These gold coins are widely recognized by gold buyers and are very liquid when it is time to sell.
You can sell or exchange these gold coins at almost any coin shop anywhere in the world. Bulk gold bullion, including small bars in assay cards on the other hand, may need to be weighed, assayed and verified by experts before being traded.
Premiums on gold coins increase when demand from investors is high. In the early days of the last financial crisis that started back in 2008, premiums on gold bullion coins rose from 4% to over 10% while the price of gold dropped. At various times since then, we have seen gold premiums rise and fall because of inflation, supply chain issues, global political instability and other issues.
One of the most important factors when you buy gold coins is the premium you pay over spot price. Even though gold prices have been toying with record highs in recent years, the demand for gold and silver bullion continues to be strong with investors due to record amounts of inflation. When demand is low dealer premiums typically drop, which can help lower your dollar-cost average.
Currently, dealer premiums on Random Year American Gold Eagle Coins have been as low as 2% over spot. There have been some dealers that have had premiums even lower. FindBullionPrices.comtracks premiums on gold coin prices across trusted and reputable bullion dealers.
With dealer premiums at record lows, it is a great time to buy gold coins.
Buy Gold Coins for Financial Stability
Gold coins have been used as a store of wealth, as a means of exchange and currency for thousands of years. Some coins have numismatic value in addition to their gold content. This can enhance their value and provide another avenue to find gold buyers in the numismatic market.
A tube of American Gold Eagle coins is roughly the size of an average pill bottle. There are twenty American Gold Eagles in a mint tube. At current gold spot prices the melt value of a tube of Gold Eagles is roughly $25,000.
An American Gold Eagle Monster Box holds 25 tubes with 20 coins in each tube. A Monster Box of Gold Eagles is roughly the size of a shoe box and holds 500 gold coins.
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.
