Gold 20 Pesos (1959 & Prior)
| Grade | Mintage | Population |
|---|---|---|
| N/A | 120 |
| Grade | Mintage | Population |
|---|---|---|
| N/A | 16 |
Gold 20 Pesos from 1959 and Prior
The Gold 20 Pesos coin was a popular circulation coin in Mexico and other Latin American countries during the late 19th and early 20th centuries. The coin features the Mexican coat of arms on one side and an image of Miguel Hidalgo, a hero of the Mexican War of Independence, on the other.
The design of the Gold 20 Pesos coin remained relatively consistent from its introduction in 1917 until it was last minted in 1959. Prior to 1959, the coin was made of 90% pure gold and had a weight of 16.67 grams (0.6003 oz). The actual gold content of the coin was 15.003 grams (0.4823 oz). The coin has a diameter of 27 mm.
The Gold 20 Pesos coin is highly sought after by collectors and investors alike due to its historical significance, attractive design, and high gold content. As with all coins, the value of the Gold 20 Pesos coin depends on a variety of factors, including its condition, rarity, and market demand.
It's important to note that there are many counterfeit versions of this coin on the market, so it's important to purchase from a reputable dealer and have the coin authenticated by a professional grading service.
History of the Mexican Mint
The Mexican Mint, also known as Casa de Moneda de México in Spanish, is the oldest mint in the Americas and was founded in 1535 by order of the Spanish King Charles I, with the objective of creating a source of currency in the New World. The Mint's initial production consisted of silver and gold coins and was the first to introduce coins to the Americas.
In the early years of the Mint, it produced mostly coins for the Spanish Empire, but by the 19th century, the Mint began producing coins for independent Mexico. In the 20th century, the Mint produced a variety of coins, including commemorative coins, gold coins, and bullion coins.
Over the centuries, the Mexican Mint has undergone many changes and has faced challenges such as war and economic instability. During the Mexican War of Independence, the Mint was closed temporarily, and in the early 20th century, the Mexican Revolution caused production to slow down. In the 1980s, the Mint shifted its focus to the production of bullion coins and became a major producer of silver and gold coins for collectors and investors around the world.
Today, the Mexican Mint is a state-owned company and is responsible for the production of all coins and banknotes in Mexico. Its facilities are in San Luis Potosí, and the Mint produces a variety of coins for circulation, as well as commemorative and investment coins. The Mexican Mint is highly regarded for its quality and craftsmanship, and its coins are highly sought after by collectors and investors.
In addition to the Gold 20 Pesos coin, the Mexican Mint produces a wide range of popular products, including:
- Mexican Libertad: This is a popular silver bullion coin that was first introduced in 1982. The coin features the Mexican coat of arms on the obverse and the Angel of Independence on the reverse. It is available in various sizes, ranging from 1/20 oz to 1 kilogram.
- Mexican Silver Proof Coin Sets: These sets contain a range of silver coins that feature important figures and events in Mexican history. The sets are highly collectible and are available in limited quantities each year.
- Mexican Silver Commemorative Coins: These coins are issued to commemorate important events or anniversaries in Mexican history. They are made of high-quality silver and are available in limited quantities.
- Mexican Gold Libertad: This is one of the most popular gold bullion coins for investors and has been in high demand since it was first introduced in 1981. The coin features the Mexican coat of arms on the obverse and the Angel of Independence on the reverse. It is available in various sizes, ranging from 1/20 oz to 1 kilogram.
- Mexican Silver Onza: This was a popular silver bullion coin that was produced by the Mexican Mint from 1949 to 1979. The coin features an image of the Aztec calendar on the obverse and the Mexican coat of arms on the reverse. While it is no longer produced, it remains a popular coin among collectors.
Overall, the Mexican Mint is known for producing high-quality coins that are both collectible and valuable.
