The Mexican Silver Libertad coin may be overshadowed on the North American continent, but it is far from forgotten. A popular choice with investors as well as collectors, Libertad coins draw numismatists in with beautiful designs and low mintage figures. The 2016 1/20 oz Proof Mexican Silver Libertad is available today from JM Bullion in a protective capsule.
Coin Highlights:
- Ships to you in a protective capsule.
- Very low mintage coin historically.
- 24th issue of 1/20 oz Proof Mexican Silver Libertads!
- Contains 1/20 Troy oz of .999 pure silver.
- No official face value engraved.
- Obverse features the image of Winged Victory.
- Reverse includes the coat of arms for Mexico.
Mexico’s official bullion coin series is the Mexican Silver Libertad, and it is by far one of the most intriguing in the world. These coins are released annually in bullion and proof versions, but bear no official face value engraving.
Banco de Mexico, the nation’s central bank, established a floating face value for these coins. If they were ever used in a transaction, consumers would have to call Banco de Mexico to ascertain the current day’s value of the coin based upon its metal content and weight. It is one of the few bullion coins in the world with such status.
The obverse side of all 2016 1/20 oz Mexican Silver Libertad coins features an image of Winged Victory from atop the Mexican Independence Victory column in the center, with the twin volcanic peaks of Popocatepetl and Iztaccihuatl visible in the background.
On the reverse of all 1/20 oz Mexican Silver Libertad coins is the coat of arms for Mexico, which features a Mexican eagle locked in battle with a serpent from atop its perch on a cactus arm. The fractional-weight coins in this series are unique in that they only feature the modern coat of arms, while all coins 1 oz. and above in weight feature the modern coat of arms along with 10 historic versions surrounding it.
Each one of the 2016 1/20 oz Mexican Silver Libertad coins available to purchase today from JM Bullion ships to you inside of a plastic capsule to help protect the coin’s current condition against damage.
The Mexican Mint was founded in 1535 by Spanish conquistadors seeking to meltdown the vast riches of Central America for easier transport back to the Old World. Today it is the sovereign mint of the nation and controlled by the Mexican federal government, with oversight by Banco de Mexico.
We encourage JM Bullion customers to ask questions when they arise. You can reach our customer service team at 800-276-6508, chat with us live online, or email us directly.
“I was hesitant about buying this coin and was going to order one of them with my regular order but decided to make it my regular order and ordered 20 of them. Way I figure it I got an ounce of silver. I generally don’t buy silver with a high premium but I bit the bullet on this one and am really glad I did. Now I want to buy the 2015 version but can’t quite make myself do it. This is about the neatest coin I’ve added to my collection and I think being so tiny and with such great detail is what makes it so special.”