One of the most popular annual releases in the numismatic world is the Mexican Silver Libertad. Available in bullion and proof versions, the bullion coins are highly sought-after by investors because of their government-backed weight and purity. The 2016 1/20 oz Mexican Silver Libertad is available today from JM Bullion with a BU grade.
Coin Highlights:
- Individual coins ship in plastic flips.
- Very low mintage coin historically.
- 25th release of the 1/20 oz bullion Silver Libertad!
- Contains 1/20 Troy oz of .999 pure silver.
- No official face value engraved.
- Obverse includes the Winged Victory image.
- Reverse features the Mexican coat of arms.
- BU coin.
Each 2016 1/20 oz Mexican Silver Libertad bullion coin in this listing is a Brilliant Uncirculated specimen. Coins with a BU grade feature no signs of wear and tear, though you may notice a number of minor flaws ranging from breaks in the luster and spotted surfaces to contact marks from the coining process.
The images on the obverse of the 2016 1/20 oz Mexican Silver Libertad focus on the nation’s cultural heritage. The depiction of Winged Victory represents the nation’s struggle to free itself from Spanish colonial rule and move toward self-government.
On the reverse of the Mexican Silver Libertad is the coat of arms for the country. In this depiction, a Mexican eagle struggles with a serpent from atop its perch on a cactus. The coat of arms was adopt during the war of independence, with the eagle representing the rising nation and the snake the colonial grip of Spain.
Mexican Silver Libertad coins have been available in bullion versions since 1982, but these 1/20 oz Mexican Silver Libertad coins were not introduced until 1991. In most production years, only the 1 oz version of the coin is more popular than the 1/20 oz. For 2015, for example, the 1/20 oz coin had a mintage of 18,400, with only the 1 oz, 2 oz, and 1/10 oz coin more popular.
Mexico’s national mint is the Mexican Mint, which strikes the Mexican Silver Libertad each year. Founded in 1535 by Spanish conquistadors, it is the oldest operating mint in the Western Hemisphere. Today it is controlled by the federal government and overseen by Banco de Mexico.
We encourage JM Bullion customers to contact our customer service team with any questions. You can reach us at 800-276-6508, chat with us live online, or email us directly.