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Mexican Mint Gold

Mexican Mint Gold

Mexican Gold coins and other coins from around the world help drive up demand and Gold prices.

Mexican Gold coins are credited with playing a large role in today's current use of Gold. In 1535, the first Mexican Mint Gold coins were created and have been circulated around the world ever since. While Gold pesos are not used as today's world currency, the current price of Gold is credited, in part, to their 19th century circulation around Asia and the Americas. Today, people buy Gold based on the spot price of Gold, measured by troy ounce in U.S. dollars so it is the same Gold price around the world, even if converted to local currency or other weight measurements.

The price of Mexican Gold coins and other Gold-based items is determined by many factors, including the collectibility of the coin, current world events, supply and demand, market speculation, the buying power of large entities, and world currency values. Collectibles like the Mexican Libertad Coins are priced based on the spot price of Gold, or the market price of Gold before any mark-ups like distribution and resale have been added. However, investors cannot typically buy Gold Pesos, or any Gold coins for that matter, at spot price. Therefore, when looking at Mexican Mint Gold coins or the price of Gold in general, keep in mind investors pay a premium, which includes the mark-ups for distribution, fabrication, nominal dealer fee and any numismatic or collector value.

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