Homepage / Bullion Coins: Mexican Bullion / 1/2 oz. Mexican Silver Libertad
Updated on 01/09/24
In 1991, the Mexican Mint added four fractional-sized Mexican Silver Libertads to the bullion series.
The new sizes included the 1/2 oz., 1/4 oz., 1/10 oz., and 1/20 oz.
Libertad, translated in English, means "Freedom."'
The Libertad is a symbol of Mexico's Independence; Mexico won independence from Spain on August 24th, 1821.
However, this is not the date of its celebrated 'Independence Day,' that date is September 16th.
On September 16th, 1810, Miguel Hidalgo y Costilla, a Catholic priest, started the Mexican War of Independence when he gave his famous speech 'Grito de Dolores' or 'Cry of Delores,' named after the town in Guanajuato where it took place.
He rang the bell of his church to get the town's attention, and he called on the people to rise against their Spanish-European occupiers.
Note: Outside of Mexico, 'Cinco de Mayo' is frequently misinterpreted as Mexico's Independence Day, which it isn't, 'Cinco de Mayo' celebrates the Mexican victory over French forces at the Battle of Puebla on May 5, 1862.
All Fractional Silver Libertads feature a slightly different design on the obverse side from their full-ounce(s) counterparts.
The Design is the National Coat of Arms of Mexico.
The Coat of Arms is a Mexican Golden Eagle perched upon a cactus with a snake in its beak.
Below the Eagle is a wreath, half made of oak leaves and the other half made of laurel leaves.
Above the Eagle are the words "ESTADOS UNIDOS MEXICANOS," Mexico's official name in the Spanish language.
The edge on the Silver Libertad is Reeded.
Coin Photo courtesy of SD Bullion
The reverse side of the Silver Libertad features the "Winged Victory" Angel towering above the volcanoes Popocatépetl and Iztaccihuatl.
Across the top perimeter of the 1/2 oz Silver Libertad is "1/2 ONZA" (ounce), "PLATA PURA" (pure silver), along with the "Year of Issue," and the word "Ley .999", representing the silver purity of the Libertad.
The 'M under an O' inscribed near the left wing of the Winged Angel is the Mint Mark of the Mexican Mint.
The 1/2 oz. Mexican Silver Libertad does not have a Face Value.
Coin Photo courtesy of SD Bullion
The Mexican Libertad is technically a Bullion "Round" and Not a Bullion "Coin," the differences are slight but important to know.
Bullion with a "Face Value" is a "Coin" because the term "Coin" is Only used for government-backed legal tender with a Face Value.
Bullion Rounds have no "Face Value" because, in most cases, "Rounds" are manufactured by a private mint or privately held entity, and No Government backs them.
There are some exceptions to this rule, for example, the Mexican Libertad.
The Mexican Mint produces Gold and Silver Libertads under the authority of the Central Bank of Mexico (Banco de Mexico) and the Mexican Government.
However, Silver and Gold Libertads are Rounds and Not Coins because they Do Not Have a Face Value.
Learn more about the Differences between Coins and Rounds here.
Introduction:.......1991
IRA approved:......Yes
Grade:.................Uncirculated
Face Value:..........No
Silver Content:.....1/2 Troy oz.
Total Weight:.......15.55 grams
Purity:.................99.90% / .999
Diameter:............30.00mm (1991 - 1995)
Diameter:............33.00mm (1996 - Present)
Mint Mark:...........Yes
Edge:..................Reeded
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Notice
Year Mintage
1991....50,618
1992....119,000
1993....90,500
1994....90,100
1995....50,000
1996....50,000
1997....20,000
1998....6,400
1999....7,000
2000....23,000
2001....5,000
2002....50,000
2003....28,000
2004....20,000
2005....21,000
2006....15,000
2007....3,500
2008....9,000
2009....10,000
2010....20,000
2011....30,000
2012....17,000
2013....24,500
2014....23,000
2015....16,000
2016....30,900
2017....9,050
2018....15,500
2019....8,500
2020....7,600
2021....4,500
2022....5,550
2023....25,500
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Mexican Silver Libertad
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The Story Behind the Mexican Coat of Arms
In the early 1300s, an Aztec tribe
also known as the Mexica tribe, who had no homeland, wandered around the
northern areas of the country, known as Mesoamerica, in search of a
place to build their Empire.
As the legend goes, in 1323, the tribe's leader received a vision in a dream that they were to settle at the place where they saw an eagle with a snake in its beak, while perched at the top of a prickly pear cactus.
Two years later, the dream was fulfilled on a swampy island, in Lake Texcoco.
Scouts for the tribe found the eagle, snake, and cactus in the same fashion that the leader described to them, in his vision.
This is where the tribe settled and built the city of Tenochtitlan, (tuh·nowch·teet·laan) which became the center of the Aztec Empire.
Today, Tenochtitlan is Mexico City.
_______
Click Tenochtitlan Links to see a Portrait of Tenochtitlan in a 3-D reconstruction of the capital of the Aztec Empire and more.
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