1929 Mexico Gold 50 Pesos BU
Numismatic
1929 Mexico Gold 50 Pesos BU
In 1929, the Banco de México released a striking gold coin that stands as the largest bullion issue from the country. Struck with a purity of 0.900 gold, this substantial piece contains 1.2057 troy ounces of precious metal. It belongs to a celebrated series produced between 1921 and 1947, with this specific year seeing a mintage of 458,000 pieces. This specimen survives in Brilliant Uncirculated condition, preserving its original luster and intricate details. The obverse of the coin displays the proud national coat of arms of Mexico, surrounded by the inscription ESTADOS UNIDOS MEXICANOS. This powerful symbol of statehood is paired with a reverse design that celebrates national freedom, dominated by the winged figure of the Angel of Independence. Inscriptions on the reverse clearly declare its denomination and weight, showing 50 PESOS alongside 37.5Gr. ORO PURO, which translates to 37.5 grams of pure gold. The dual dates of 1821 and 1929 are also visible, marking a long span of national history on a coin that remains a masterpiece of twentieth-century minting.
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 | Brilliant 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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