Mexican Gold Peso coins have long been favorites of savvy investors who want to invest in gold but save on 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 them a sturdy, durable feel and the orangish hue for which they are known.
The six denominations and their approximate gold weight (AGW) are:
Denomination | Approx Gold Weight (AGW) |
---|---|
2 Peso | .0482 troy oz (1.499 grams) |
2.5 Peso | .0603 troy oz (1.876 grams) |
5 Peso | .1205 troy oz (3.748 grams) |
10 Peso | .2411 troy oz (7.499 grams) |
20 Peso | .4823 troy oz (15.001 grams) |
50 Peso | 1.2057 troy oz (37.502 grams) |
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.