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The Mexican Libertad series is one of the most loved of all modern bullion coins. First minted in 1981, the design of the Libertad has been updated several times as minting technology has improved.
The obverse design of the Libertad coins features a depiction of the statue of Winged Victoria, a symbol of Mexican Independence and monument dedicated to the Mexican Revolution from Spain. The background shows a landscape of two Mexican volcanos, Popocatepetl and Iztaccihuatl.
The reverse of the Libertad features the Coat of Arms of Mexico. Coins that are 1 troy ounce and larger Mexican Libertad coins feature an additional design element featuring other historical Mexican Coats of Arms that surrounds the main design field. This extra design element is not included on fractional Libertad coins due to their smaller size.
The mintage of the Libertad is often very limited, especially for many of the fractional and proof finish coins.
All gold Libertad weight denominations share the same base design. The obverse features a rendition of the Winged Victoria monument in Mexico City with the However, the 1 troy ounce Libertad and larger sizes include an additional design element on the reverse. Surrounding the central design are smaller depictions showing the lineage of the historic coats of arms in a wreath like fashion..
Libertad gold coins are minted in five different weight denominations. The largest is the one troy ounce gold coin. There are four fractional sizes: 1/2 troy oz, 1/4 troy oz, 1/10 troy oz and 1/20 troy oz.
The first silver Libertad coins were minted in 1982 and were only available in the 1 troy ounce denomination. In 1991, the gold libertad was minted again and included two additional weight denominations that included 1/10th oz and 1/20th oz coins.
In 1991, fractional Silver Libertad denominations were added that included 1/2 troy oz, 1/4 oz, 1/10 oz and 1/20 oz.
In 1996, two larger sized silver Liberatad coins, the 2 troy ounce and 5 troy ounce weight denominations were added. Twelve years later, in 2008, the Banco de Mexico introduced the 1 kilogram Silver Libertad Coin.
Several limited variations of the Libertad coins have been produced in both Silver and Gold. These variations have included Proof, Reverse Proof Libertads and Antiqued Finishes that are extremely rare and highly sought after by collectors and can command significant premiums on the secondary market. Pristine and graded Libertad coins frequently sell at auctions and can be a great investment.
Libertad silver coins are minted in seven different weight denominations. The Libertad Coin series is unique amongst sovereign coins that includes so many fractional ounce silver bullion coins in their annual mintage.
Silver Libertad coins are highly sought after by investors, collectors and stackers alike. Many are drawn to the allure of the beautiful and intricate design. Investors are drawn in because the premiums on Libertad silver coins fluctuate based on the mintage amount and are often much higher than other sovereign coins.
The Libertad Kilo Silver coin is the largest coin in the series. The kilo was introduced to the series in 2008 with a limited annual mintage. The coin is a massive 110mm in diameter and 11mm thick. In recent years the annual mintages of Libertad Silver Kilos dropped to only a few hundred coins per year which has led to huge demand in the collector market.
The 5 oz was introduced to the series in 1996. These hefty coins are minted with 155.5 grams of .999 fine silver. It is 65mm in diameter and 5.4mm thick. There is also a 5 oz silver libertad coin capsules available from third-parties designed protect it from damage which could lower the collector premium.
The Libertad 5 oz silver coin is minted in limited numbers. Collector demand for these coins remains high. The largest mintage year to date for this coin was in 2009 when 21,000 were minted.
The 2 oz Libertad Silver coin was also released for the first time in 1996. Annual mintage numbers are typically much higher than the larger sizes of this coin. The 2 oz Libertad measures 48mm in diameter and 4.5 thick.
The Libertad 1 oz silver coin is the most popular coin in the series and most commonly available. Although the Silver Libertad is a bullion coin, the mintage numbers that are released annually are much smaller than those from other sovereign mints. Premiums on these coins have remained high due to their comparative rarity and alluring design.
The 1 oz Silver Libertad was first minted in 1982. The coin measures 40mm in diameter and is 3mm in thickness. The design theme of the coin has been consistent since inception. The obverse shows a representation of Winged Liberty, a symbol freedom to Mexicans following its fight for independence against Spain. Behind her in the landscape are two famous volcanos nearby Mexico City.
In the initial design, which was minted until 1995, the rendition of the Winged Angel had a very personified, angelic appearance and flowing gown windswept around her waist. A design refresh in 1996 brought a contemporary look to the coin. The background was given more prominence and definition and the appearance of Winged Liberty was rendered in a statuesque manner, high on a pedestal. It is the same design that continues to be minted today.
The reverse shows the Mexican national Coat of Arms. In the center is an eagle with a snake in its mouth perched on a cactus. The design is surrounded on the lower part by a wreath design. The upper part of the surround is inscribed with the words "ESTADOS UNIDOS MEXICANOS". The type 1 reverse, minted from from 1982 until 1989 includes an Aztec inspired dental motif design around the central design that extends to then edge near the rim. Since 1996, the Libertad reverse has included the same Coat of Arms design reduced in size in the center, with a ring showing the ten historic coats used by Mexico. This design feature is also included on the larger sized coins, but is eliminated from the fractional sizes.