Silver Libertads are rapidly gaining worldwide popularity, and this large kilo Silver coin offers the beloved design in even greater detail. As Mexico's treasured coin, Libertads are highly sought after and are also a great collector's item.
- Contains 1 kilo (32.15 oz) of .999 fine Silver.
- Individual coins are presented in protective plastic capsules.
- Obverse: Victory statue of Mexican independence in front of volcanic mountains Popocatépetl and Iztaccíhuatl, surrounded by the weight, purity and date.
- Reverse: Mexican national seal with an eagle sitting atop a cactus surrounded by symbols representing Mexico’s 10 provinces.
- Guaranteed by the Banco de Mexico.
Display your Silver coin in style by adding a beautiful presentation box to your order.
This large kilo round is an excellent way to accumulate .999 fine Silver in the form of a highly coveted collector's item. Add this Silver Libertad to your cart today!
Shown on the obverse are Popocatépetl and Iztaccíhuatl, two volcanoes that overlook the Valley of Mexico. These volcanoes tell a story of two lovers from warring families, similar to Romeo and Juliet. The volcanoes represent the warrior Iztaccíhuatl mourning the death of his beloved Popocatépetl.
The history of Mexican coins
The first Mexican coins minted were called the Charles and Juana, named after the King and Queen, Dona Juana (Joanna the Mad) and her son Charles I, who governed on behalf of his mother. Unlike modern 1 kilo Silver coins and other coins, the Charles and Juana coins were handmade, using a hammer. These vintage Silver bullion, which were quite even and round despite the minting method used, were issued in denominations of 4, 3, 2, 1 and 1/2 reales. Copper coins were issued for the indigenous population, but they wanted to buy Silver coins and rejected the copper version.
Why invest in 1 kilo Silver coins?
When you buy Silver coins like the Silver Libertad, you are able to see the familiar and beloved design in exacting detail, due to its impressive size. These Mexican coins contain 1 kilo (32.15 troy ounces) of .999 fine Silver. This Silver bullion coin is sought after by collectors due to the reputation of the Silver Libertad, but it is also a good way for investors to add a large amount of Silver to their Precious Metals holdings in one purchase. These 1 kilo Silver coins are delivered in protective plastic capsules and are guaranteed by the Banco de Mexico.
The price of Silver is the same no matter where it is minted.
Some people think Mexican coins are cheaper because they are minted in Mexico and the Peso is lower than the U.S. dollar and many other currencies. In fact though, the Mexican Mint has a world renown reputation. And when you buy Silver coins that originate from different places in the world, the price of Silver is the same, no matter where it is minted. If the price of Silver bullion was not the same worldwide, that would create an opportunity for arbitrage, which means traders buy in one market and sell in another market to take advantage of the price differential. If you buy 1 kilo Silver coins, or any other Precious Metal bullion, the price is always set in U.S. dollars and then converted to the local currency.
Understand numismatic value when considering Silver bullion and coins.
When you buy Silver coins, it is a good idea to determine your collecting or investing goals. Some Mexican coins, like rare vintage Pesos or commemoratives, are bought primarily for their numismatic, or collector, value because the coins have historical significance, beauty or are incredibly rare. Other Silver bullion, like the 1 oz Libertad or Pesos with high Silver content and relatively low numismatic value, is purchased mostly for its Silver content. The Mexican Mint’s 1 kilo Silver coins are valuable from both perspectives, as collectors love this beautiful coin and investors like the amount of Silver available to them in one easy purchase, although if raw Silver content and low premiums over spot price of Silver are top of mind, then Silver bars might be the way to go.