Homepage / Bullion Coins: Mexican Libertads / 2 oz. Mexican Silver Libertad


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Last Updated on 03/09/2025


2 oz. Mexican Silver
Libertad





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In 1996, the Mexican Mint added two sizes, the 2 oz and 5 oz, to the popular silver Libertad series.

The Libertad's design and limited mintage make it one of the most highly sought-after physical bullion silver investments.




Mexican Independence



Libertad means "Freedom" in Spanish.

The Libertad is a symbol of Mexico's Independence; Mexico won its 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 brutal Spanish-European occupiers.

Miguel Hidalgo y Costilla is often known as 'The Father of Mexico.'

Note: Outside of Mexico, 'Cinco de Mayo' is frequently misinterpreted as Mexico's Independence Day, which it isn't. "Cinco de Mayo" is Spanish for the "5th of May." In Mexico, that day commemorates the Mexican victory over French forces at the Battle of Puebla on May 5, 1862.




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Design of the
5 oz. Mexican Silver Libertad



Obverse

2 oz. Silver Mexican Libertad Obverse

The center of the obverse side of the 2 oz Mexican Silver Libertad 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 its beak, it symbolizes Tenochtitlan, the Aztec Capital, now Mexico City.

The wreath below the eagle is half oak leaves and half laurel leaves. 
The laurel leaves represent victory, and the oak leaves commemorate those who have given their lives for Mexico.

Inscriptions:

  • 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.

This version of the Mexican Coat of Arms has been used since 1968.

The 2 oz Silver Libertad has a Reeded Edge.

Coin Photo courtesy of Walmart








Reverse

2oz. Mexican Silver Libertad Bullion Coin - Reverse side

The centerpiece on the reverse side of the 2 oz Mexican Silver Libertad is the "Winged Victory" Angel, as it towers above the volcanoes Popocatépetl and Iztaccihuatl.

Inscriptions:

  • 2 ONZAS (2 ounces)
  • PLATA PURA (silver pure)
  • Year of Issue
  • Ley (law) 
  • .999
  • M under an O (mint mark of the Mexican Mint)

The 2 oz. Mexican Silver Libertad is legal tender, but it lacks a face value.

Coin Photo courtesy of Walmart





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2 oz. Mexican Silver Libertad
Information:



Introduction:.......1996

IRA approved:......Yes

Grade:.................Uncirculated

Face Value:..........No

Silver Content:.....2 Troy oz.

Total Weight:.......62.20 grams

Purity:.................99.9% / 999 per mille

Diameter:............48.05mm

Mint Mark:...........Yes

Edge:..................Reeded






Silver Libertad
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Silver Libertad

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BGASC - BuyGoldandSilverCoins


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1-kilo Silver Libertad


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2 oz. Mexican Silver Libertad 
  Mintage Figures



Year     Mintage


1996....50,000


1997....15,000


1998....7,000


1999....5,000


2000....9,000


2001....900


2002....10,500


2003....9,500


2004....11,000


2005....5,200


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


2015....20,100


2016....17,600


2017....8,900


2018....20,400


2019....18,300


2020....5,500


2021....6,500


2022....6,250


2023....30,000


2024....27,000





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Silver per Troy Oz. (ozt.)




The Story Behind the Mexican Coat of Arms

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, which became the center of the Aztec Empire.

Today, Tenochtitlan is known as 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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