1929 Mexico Gold 50 Pesos MS-62 NGC
Numismatic
1929 Mexico Gold 50 Pesos MS-62 NGC
Struck in 1929, this magnificent gold piece represents a high point in Mexican numismatic art. Issued by the Banco de México, this coin holds a special distinction as the largest bullion coin to originate from the nation. It contains 1.2057 troy ounces of pure gold, minted with a fineness of 0.900, which gives it a substantial and satisfying weight in the hand. The obverse of the coin displays the iconic national coat of arms of Mexico, depicting a powerful eagle perched atop a cactus while grasping a snake. On the reverse, the beautiful Winged Victory, also known as the Angel of Independence, stands tall. The coin's design also incorporates the dual dates of 1821 and 1929, alongside inscriptions marking its weight of 37.5 grams of pure gold. With a mintage of 458,000 pieces, this specific coin has been certified in Mint State 62 (MS-62) condition. Cataloged as KM#481, it remains a captivating study in bold design and precious metal artistry from the pre-1933 era.
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 | NGC |
| 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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