Buy 50 Peso Mexican Gold Coin - Varied Year (AU/BU) - Guidance Corporation (2024)

FAQs

How much is a 50 Mexican coin worth in America? ›

Interestingly, the 50 Peso face value attached to the coin isn't related to it's gold value. The Centenario is 90% gold and 10% copper, and is composed of 37.5 grams, or 1.2057 troy ounces, of actual gold. It measures at 37mm in diameter and weighs 41.67 grams.

Mexican peso gold coins are government backed fractional gold coin that are often available with a very low premium over spot gold price. Mexican Gold Pesos are not only a form of gold investment but also offer a glimpse into Mexican history and culture. Their variety and beautiful designs make them a desirable item.

Although the coin is also legal tender, its face value of $50 is largely symbolic as the value of the gold it contains has historically been far greater. The designs on both the obverse and reverse of the American Buffalo coin are steeped in American numismatic tradition.

Design: The obverse side features of Winged Victory, the volcanoes Iztaccihuatl and Popocatepetl, the years “1821” and “1947”, the face value “50 pesos” and the weight “37.5 G ORO PURO”.

As of August 2023, in Good Condition, a Centenario coin can be worth somewhere between $2,400 to $2.800.

Mexican Libertad vs America Eagle: Purity

In terms of gold purity, the Mexican Libertad gold coin is purer than the American Eagle gold coin. The American Eagle includes small amounts of silver and copper to increase its durability. For silver, both coins have the same purity.

Collector coins are valued for their rarity and condition, while gold coins are valued because of the value of their precious metal content. Compared to a stock's value, investing in gold coins is cheaper than buying a house. For first-time investors, investing in gold coins is good.

Why are Mexican gold coins so expensive? ›

Because Pesos aren't currently being minted the production cost has been largely absorbed by the market, so the premium they attract over the gold spot price is among the lowest of any bullion coin. This makes them a perfect choice if your aim is to accumulate the maximum amount of gold at an affordable price.

Banks and credit unions are generally the best places to exchange currency, with reasonable exchange rates and the lowest fees.

Examples of present-day values

a $100,000 peso note dating back to 1991 is exchangeable today for a current-day $100 peso note; $1 and $5 peso notes dating back to pre-1975 are worth fractions of a Mexican cent and are now no more than museum pieces and collectors' items.

Paper money currently used is in the denominations 20 peso, 50 peso, 100 peso, 200 peso, and 500 peso. Coins in denominations of 20 and 50 centavos (100 centavos makes up 1 peso), and 1 peso, 2 peso, 5 peso, 10 peso, and 20 peso are also in circulation.

The half dollar is the United States' 50-cent coin. The person on the obverse (heads) of the half dollar is John F. Kennedy, our 35th president. He's been on the half dollar since 1964.