2 oz. Mexican Silver Libertad
Bullion Coin
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In 1996, the Mexican Mint, introduced a new design to the Mexican Silver Libertad.
In addition to changing the design of their gold and silver coins, the Mint also added two new coins to the bullion coin series, the 2oz. and 5oz. silver bullion coins.
Libertad is the Spanish word for Freedom.
Design
Obverse
The center of the obverse side of the 2 oz. Mexican Silver Libertad bullion coin features the National Coat of Arms of Mexico.
The coat of arms depicts a Mexican Golden Eagle perched upon a cactus with a snake in it's beak.
Below the Golden Eagle is a wreath, half of oak leaves the other half of laurel leaves.
Surrounding the Coat of Arms are the words “ESTADOS UNIDOS MEXICANOS,” Mexico's Official Name in Spanish.
Encircling the Outside of the Mexican Coat of Arms are reproductions of various Mexican Coat of Arms used throughout history.
Reverse
The reverse side of the 2oz. Mexican Silver Libertad bullion coin features the "Winged Victory" Angel design.
The angel is depicted as rising above the background of the volcanic mountains, Popocatépetl and Iztaccihuatl.
They memorialize the legend of two lovers for whom the volcano's were named after.
Inscribed along the top of the 2oz. Mexican Silver Libertad bullion coin is "2 ONZAS" (2 ounces), "PLATA PURA" (pure silver).
The year of issue is also inscribed along the top of the coin, along with the word "Ley" (pure) ".999" representing the silver purity of the coin.
The Mint Mark of the Mexican Mint is inscribed to the left of the Winged Angel with the symbol of the "M" under a "O."
The edge on the Silver Libertad is Reeded.
The 2oz. Mexican Silver Libertad has no Face Value.
Rounds vs. Coins
Mexican Silver and Gold Libertads DO NOT have a face value, for this reason they are often referenced to be Rounds and not Coins. The technical difference between a round and a coin is that a Round has No Face Value and a Coin does.
Most Rounds are produced private mints, whereas almost all government mints produce coins. The Mexican Libertad is one of the few exceptions.
Coin Information:
Introduction:.......1996
IRA approved:......Yes
Grade:.................Uncirculated
Face Value:..........No
Silver Content:.....2 Troy oz.
Total Weight:.......62.20 grams
Purity:.................99.90% / .999
Diameter:............48.05mm
Mint Mark:...........Yes
Edge:..................Reeded
2 oz. Mexican Silver Libertad Bullion Coins -
Mintage Figures:
Year
1996....50,000
1997....15,000
1998....7,000
1999....5,000
2000....7,500
2001....6,700
2002....8,700
2003....9,500
2004....8,000
2005....3,549
2006....5,800
2007....8,000
2008....17,000
2009....46,000
2010....14,000
2011....14,000
2012....18,600
2013....17,400
2014....9,000
GoldenEagle Coins - 2oz. Silver Libertad page
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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 an 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, which became the center of the Aztec Empire.
Today, Tenochtitlan is known as Mexico City.
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