Mexican Gold 2 Pesos from 1947 and Prior
The Mexican Gold 2 Pesos from 1947 and prior are small gold coins that were issued by the Mexican government. They were minted with a purity of 90% gold and 10% copper and contain 0.0482 troy ounces of pure gold. While gold prices fluctuate, the popularity of the Mexican Gold Peso bullion coins only increases due to the coin's outstanding gold bullion value.
These coins were first introduced in 1919 and continued to be minted until 1948, when they were replaced by the larger 2.5-peso gold coins. The obverse of the coin features the Mexican coat of arms, which consists of an eagle perched on a cactus with a serpent in its beak. The reverse of the coin features the denomination, the year of minting, and the words "Estados Unidos Mexicanos."
The Mexican Gold 2 Pesos were minted in various denominations and designs, depending on the year of production. The design of the coin changed over the years, with some years featuring a portrait of Miguel Hidalgo, a hero of the Mexican War of Independence.
These coins are considered to be highly collectible and are often sought after by coin collectors and investors. The coins issued prior to 1947 are especially sought after due to their rarity and historical significance. As with all collectibles, the value of these coins can vary depending on their condition, rarity, and demand from collectors.
Another popular coin worth consideration is the Mexican Mint's 50 Peso Gold coin, otherwise known as the Centenario. This coin is significant as it was produced to commemorate 100 years of freedom from Spanish rule.
History of the Mexican Mint
The Mexican Mint, also known as the Casa de Moneda de México, is the oldest mint in the Americas and one of the oldest mints in the world. It was established in 1535 by the Spanish conquistador Hernán Cortés, who was the first to recognize the potential for silver mining in Mexico.
The mint was originally located in Mexico City and was used to produce coins from the precious metals that were being mined in the region. The first coins produced by the Mexican Mint were silver pieces known as reales, which were used as currency throughout the Spanish Empire.
Over the years, the Mexican Mint has undergone several changes in ownership and location. In 1810, during the Mexican War of Independence, the mint was temporarily closed, but it was reopened in 1811 by the revolutionary government under the leadership of Miguel Hidalgo. In 1825, the mint was reestablished as the official mint of the new Republic of Mexico.
During the 19th and early 20th centuries, the Mexican Mint continued to produce coins from precious metals, including gold and copper. In addition to producing coins for circulation, the mint also produced commemorative coins and medals, as well as providing minting services for other countries.
Today, the Mexican Mint is still in operation and is responsible for producing Mexico's official currency, as well as commemorative coins and medals. The mint is now located in San Luis Potosí, but it maintains a branch in Mexico City. The Mexican Mint is also known for its high-quality bullion coins, such as the Mexican Gold and Silver Libertad, which are popular with investors around the world.
