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1929 Mexico Gold 50 Pesos AU

1929 Mexico Gold 50 Pesos AU

Numismatic

1929 Mexico Gold 50 Pesos AU


1.2057 troy oz .900 1929 Almost Unc

Struck by the Banco de México, this magnificent gold coin from 1929 represents a classic era of Mexican coinage. It belongs to a celebrated series minted between 1921 and 1947, with this specific year seeing a mintage of 458,000 pieces. Each coin is composed of 90 percent gold, containing a substantial 1.2057 troy ounces of pure precious metal. The obverse displays the proud national coat of arms of Mexico, which depicts a golden eagle perched atop a cactus while holding a snake in its beak. This powerful image is accompanied by the inscription ESTADOS UNIDOS MEXICANOS, denoting the United Mexican States. On the reverse, the coin features the breathtaking Winged Victory design, commonly known as "The Angel of Independence." The design is flanked by the denomination of 50 PESOS and the gold content marking of 37.5Gr. ORO PURO, signifying 37.5 grams of pure gold. The dates 1821 and 1929 are also present, commemorating a legacy of independence on a beautifully preserved, Almost Uncirculated canvas.

Fair market value

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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.

Specifications

Country Mexico
Year 1929
Grade Almost Unc
Legal-tender face value 50 Pesos
Metal Gold
Weight 1.2057 troy oz
Purity .900
Diameter 37.1 mm
Thickness 2.69 mm

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