Gold 10 Pesos (1959 & Prior)

About Gold 10 Pesos

The Gold 10 Pesos coin was a currency issued by the Mexican government before 1959. It was first introduced in 1905 and was minted until 1959, with various changes to its design over the years.

The coin was 90% pure gold and weighed 8.33 grams or approximately 0.24 troy ounces. Its diameter was 22mm. The coin's obverse features the image of Miguel Hidalgo, a Mexican revolutionary leader who played a vital role in the country's struggle for independence from Spain. The reverse side features the Mexican coat of arms, which includes an eagle perched on a cactus with a snake in its beak.
As with other gold coins, the value of the Gold 10 Pesos coin fluctuates based on its gold content and the prevailing market price of gold. However, some collectors value these coins for their historical significance and unique design.

History Of The Gold 10 Peso

The history of the Gold 10 Pesos coin dates back to the early 20th century in Mexico. In 1905, the Mexican government introduced a new gold coin denomination to help facilitate trade and commerce. The coin was initially valued at 10 pesos, equivalent to a silver peso at the time.

The design of the Gold 10 Pesos coin underwent several changes over the years. The first version of the coin, minted from 1905 to 1919, featured the image of Miguel Hidalgo, who is considered the "Father of Mexican Independence." The reverse side of the coin displayed the Mexican coat of arms.

In 1920, the design of the coin was changed to include the image of Venustiano Carranza, who served as the President of Mexico from 1917 until his assassination in 1920. The reverse side continued to feature the Mexican coat of arms.

In 1921, the design of the coin was changed again to commemorate the 100th anniversary of Mexico's independence from Spain. The coin's obverse side featured the image of the angel of independence, while the reverse side displayed the Mexican coat of arms.
The final design of the Gold 10 Pesos coin, minted from 1951 to 1959, again featured the image of Miguel Hidalgo. The reverse side continued to display the Mexican coat of arms.

During its period of circulation, the Gold 10 Pesos coin was used as a means of payment for goods and services, and it was also used as a store of value. Mexico's Gold 50 Pesos coin is another option that was widely used at the time. Today, these coins are popular among collectors and investors who value their historical significance and gold content.

About The Mexican Mint

The Mexican Mint, also known as the Casa de Moneda de México, is the oldest in the Americas and one of the oldest in the world. It was established by the Spanish Crown in 1535, shortly after the conquest of Mexico, and it continues to operate today under the authority of the Mexican government.

The Mexican Mint has been responsible for producing the country's currency and a wide range of other precious metal products, such as bullion bars and coins, commemorative coins, and medals. The mint is known for its high-quality products and innovative designs and has won numerous awards for its work.

Over the centuries, the Mexican Mint has undergone many changes and challenges. During the Mexican War of Independence in the early 19th century, the rebels used the mint to produce their own currency. In the early 20th century, the mint was modernized with new equipment and technology, and it began producing coins for other countries and Mexico.

Today, the Mexican Mint continues to be a leading producer of precious metal products, and investors and collectors highly value its products. The Mexican Mint's Gold Libertad is among the most popular gold coins for investors around the globe. The mint also plays a vital role in Mexican culture and history, and its products often feature images and themes that reflect the country's heritage and traditions.

To discover more of these iconic coins, be sure to visit APMEX's collection of gold coins from the Mexican Mint.