Throughout the mintage history of the Proof Mexican Silver Libertad coin, the 1 oz weight has been the most popular. In many years, the smallest fractional weights have attracted collectors because of their affordability, but the 1 oz coin remains a top choice for most. Today, the 2016 1 oz Proof Mexican Silver Libertad Coin is available in a capsule from JM Bullion.
Coin Highlights:
- Ships in a plastic capsule to protect the coin.
- Very low mintage coin historically.
- 32nd issue of the 1 oz Mexican Silver Libertad!
- Contains 1 Troy oz of .999 pure silver. Proof specimens.
- Obverse features Winged Victory.
- Reverse includes the modern and historic coat of arms for Mexico.
Proof Mexican Silver Libertad coins originated in 1983 with only the 1 oz coin available. This continued until 1992 when the fractional weights were introduced. Throughout its mintage history, the Mexican Mint has used mintage maximums to control availability for these coins and maintain high demand.
From 1993 to 1996, the mintage maximum was the same for all coins, but recently the 1/20 oz, 1/10 oz, and 1 oz versions of the Proof Mexican Silver Libertad coin have had the highest allowable maximums. In 2014, the mint capped the 1 oz coin at 6,400, compared to 5,500 and 5,300, respectively, for the 1/20 oz and 1/10 oz options.
The reverse of all Proof Mexican Silver Libertad coins features, at least, the modern coat of arms for Mexico. These 2016 1 oz Proof Mexican Silver Libertad coins include a circle of 10 historic versions of the Mexican coat of arms surrounding the modern depiction.
On the obverse of the 2016 1 oz Proof Mexican Silver Libertad coin you’ll find the image of Winged Victory. Her depiction is undeniably linked to the nation’s battle for independence with Spain, and her statue was erected atop the Mexican Independence Victory Column in Mexico City in 1920 on the nation’s centennial celebration of its freedom.
Built in 1535, the Mexican Mint is the longest-operating mint in the Western world. It was originally founded by Spanish conquistadors looking to export Central American gold and silver to the Old World. At its height, the mint struck coinage for Spanish colonies throughout the entire Western Hemisphere.
Please don’t hesitate to ask questions of the JM Bullion customer service team. You can contact our associates on the phone at 800-276-6508, reach out to us online using our live web chat, or simple send us an email.