The North American continent is home to some of the most popular sovereign mints in the world. While the American Silver Eagle of the United States Mint and the Canadian Silver Maple Leaf of the Royal Canadian Mint are some of the best-selling bullion coins in the world, the Mexican Mint’s silver coins have equal popularity with much lower mintage figures that make the coins a must-have bullion specimen for many. Now is your chance to learn all about the various Mexican Silver Libertads available from JM Bullion.
Though the Mexican Silver Libertad is not sold in the same numbers as some of its major counterparts, it is the world’s oldest silver bullion coin program. Introduced in 1982, the BU Mexican Silver Libertads debuted four years before the American Silver Eagle, six years before the Canadian Silver Maple Leaf, seven years before the Chinese Silver Panda, and eight years before the Australian Silver Kookaburra.
From 1982 to 1990, the Mexican Mint produced the Silver Libertad coins only in 1 oz silver. Starting in 1991, the series began to expand through three separate introductions of new options. The first was the release of fractional-ounce coins in the series in 1991. This included 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz silver. In 1996, the series expanded again to include a 2 oz and 5 oz silver option. At this point, the Mexican Silver Libertad was well ahead of its counterparts in terms of offering various options to investors. In 2008, the BU Mexican Silver Libertad coins expanded one last time to include a 1 Kilogram coin.
One year after the BU Mexican Silver Libertads were introduced, the Mexican Mint debuted the collectible version of the coins with the release of the Proof Mexican Silver Libertad. The roll-out of the Proof Mexican Silver Libertads followed a similar pattern to that of the BU Mexican Silver Libertads. The 1 oz coin debuted first in 1983 and was available as the only choice in the collection until 1991.
In 1992, the Mexican Mint introduced the same four fractional-ounce coins already available in the BU series as of 1991 with the debut of 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz proof silver coins. In 1996, the proof series concluded its expansion with the issue of 2 oz and 5 oz silver coins. Each of these coins is available to purchase with frosted visuals and mirrored fields. In 2015, the Mexican Mint began to expand its collectible options again. This time it was new versions of collectible coins, rather than the introduction of further weights.
In 2015, the Mexican Mint offered up a second collectible version of the Mexican Silver Libertad in the release of a Reverse Proof Mexican Silver Libertad. The new coins have very low mintage figures under 2,000 coins annually. In 2015 and 2016, the 1 oz coin was the only one available with a reverse proof option. In 2017, the reverse proof option was added for the 2 oz and 5 oz silver coins. A reverse proof coin has mirrored design elements and frosted background fields.
In 2018, the Mexican Mint expanded its collectible Mexican Silver Libertads one more time. This year saw the introduction of an Antique Mexican Silver Libertad coin in the 1 oz, 2 oz, and 5 oz silver coins. Each one has an antique polish applied that delivers matte visuals for the coin’s design and surface areas, creating a modern silver bullion coin with old-world charm.
All of the Mexican Silver Libertad coins have the same obverse design elements. The primary image is that of Winged Victory, or the Angel of Independence. Her figure is based on the goddess of Victory, known as Victoria. She is adapted for Mexican culture and their struggle for independence. She holds up a wreath crown in her right hand as a symbol of victory and the freedom of self-governance. The other hand clutches a broken set of chains that point to the historic bondage of Mexico as a colony of the Spanish Empire. The background fields feature the images of the twin volcanic peaks of Popocatepetl and Iztaccihuatl. This side of the coin bears inscriptions of the weight, purity, and metal content of the coin, along with a mint mark from the Mexican Mint.
The reverse design elements of the coins vary between the fractional-ounce and larger coins. All of the coins have the modern coat of arms for Mexico in the center. The seal includes a powerful Mexican golden eagle battling with a serpent on a cactus branch. “Estados Unidos Mexicanos” is inscribed above with a cactus wreath formed below. On the reverse of the 1 oz, 2 oz, 5 oz, and 1 Kilo coins in the series, you will also find 10 historic versions of the symbol used throughout the course of the history of an independent Mexico.
All versions of the Mexican Silver Libertads are available to you annually from JM Bullion. If you have any questions about the Mexican Silver Libertads available in our online catalog, please feel free to reach out to our customer service team. You can reach us on the phone at 800-276-6508, chat with us live on the web, or simply send us an email with your inquiries.