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Both the Gold and Silver Libertad coins symbolize Mexico’s liberty from Spain back in 1821 and have been commemorated in the design of these patriotic coins. As Mexico’s iconic silver coin, the Silver Libertad mintage is known for not having a specified denomination, and it has been debated that if the Silver Libertad had a base value, this would help protect Mexican citizens from devaluation of the Mexican Peso.
The alluring and memorable classic design is what gives a universal appeal to the Silver Libertad coins, and coupled with their high production silver quality and traditionally low mintages, the Libertad has emerged as one of the most popular modern coin series amongst collectors.
Silver Libertad mintage is often extremely limited. Depending on the silver content and whether the coin is uncirculated versus proof, mintings can range as high as 2.5 million to having just a few thousand coins available.
Modern Mexican Silver Libertad coins have a purity of .999 and are issued in both Proof and Mint State finishes that are struck in a vast range of sizes:
Mexican Libertad coins are identified by the weight of the coin as each coin carries no official denomination, and are the official sovereign bullion coinage of the country of Mexico. Libertads are considered legal tender utilizing a special denomination used by the Mexican government known as the onza that as stated, has no direct face value, but that is tied to the market value of 1 troy ounce of silver.
While Mexico’s ties to Spain are evident in culture and language, the citizens of Mexico take tremendous pride in their independence, which is precisely what the Mexican Libertad Silver coin series celebrates, symbolizing Mexico’s 1821 liberty from Spain. Mexican silver is renowned across the globe for its consistent quality — and has been for nearly 500 years since the founding of the Mexican Mint in 1535.
The history of the Silver Libertad coin is closely tied to its gold counterpart. In 1981, the Gold Libertad was introduced to compete with other gold bullion coins like the American Eagle and Canadian Maple Leaf series. The Silver Libertad followed in 1982, becoming the world’s first modern silver bullion coin that continues to push the limits of silver mintage into today.
The term Libertad translates to liberty as the coin’s reverse depicts the iconic statue “Winged Liberty” in Mexico City. The obverse depicts the official seal of Mexico, an eagle with a snake in its mouth, standing on a cactus which symbolizes the founding of Mexico City. The words “ESTADOS UNIDOS MEXICANOS” (which translates to United Mexican States) encompass this emblem, and to complete the design, the Mexican seal is surrounded by the different official seals used throughout Mexico’s history.
From 1982 to 1995 the silver coin obverse, and through 1999 the gold coin obverse, were based on the 1921 Centenario gold coin featuring Mexico City’s “Winged Liberty” statue. Today, modern renditions of the statue beautifully represent Mexico’s continued independence from Spain.
The Silver Libertad coin is among the most anticipated issues for collectors every year. The coin exemplifies extraordinary artistic beauty while perfectly representing the tremendous pride that citizens of Mexico have in their country’s rich history. Its design is meant to incorporate pieces of Mexico’s stunning natural beauty. Whether you have Mexican heritage, a love for Mexico, or simply appreciate the remarkable beauty of the unique Silver Libertad series, order your Silver Libertad Proof at GovMint.com today!