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5 oz. Mexican Silver
Libertad
In 1996, the Mexican Mint added two coin sizes to already popular silver Libertad series, they were the 2 oz. and 5 oz.
The Libertad's design and its limited mintage make it one of the most highly sought after physical bullion silver investments.
Mexican Independence
Libertad translated in English means 'Freedom'
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 Spanish-European occupiers.
Miguel Hidalgo y Costilla is often referred as 'The Father of Mexico.'
Note:
In the United States, 'Cinco de Mayo' is often
misinterpreted as Mexico's Independence Day. Although 'Cinco de Mayo'
or the '5th of May' does celebrate an important victory in Mexico's
history, it's not the county's Independence Day.
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Design of the
5 oz. Mexican Silver Libertad
Obverse
Mexican Coat of ArmsThe Mexican National Coat of Arms is the focal point of the obverse side of the 5 oz. Mexican Silver Libertad.
Surrounding the Coat of Arms are the words “ESTADOS UNIDOS MEXICANOS,” Mexico's Official Name in Spanish.
The coat of arms depicts 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 the other half made of laurel leaves.
Encircling the Mexican Coat of Arms are reproductions of various Mexican Coat of Arms used throughout history, also featuring the Mexican Golden Eagle.
5 oz. Silver Libertads have a Reeded Edge.
Reverse
The reverse side of the 5 oz. Mexican Silver Libertad features the "Winged Victory" Angel.
The Angel design displays her towering above the volcanic peaks of Popocatépetl and Iztaccihuatl.
"5 ONZAS", "PLATA PURA" (pure silver) is inscribed along the top of the Silver Libertad.
The year of issue is inscribed around the top of the 5 oz. Libertad, along with the word "Ley" (pure) and ".999" representing its silver coin's purity.
The Mint Mark of the Mexican Mint is inscribed to the left of the Winged Angel with the symbol of the "M" under an "O."
The 5 oz. Mexican Silver Libertad has No Face Value.
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Mexican Libertad
Are they Bullion Coins or Rounds?
The Mexican Libertad is technically a Bullion 'Round,' and Not a Bullion 'Coin,' the differences are slight but important to know.
Bullion Coins have a 'face value' because the term 'Coin' is used specifically for government backed legal tender.
Bullion Rounds have no 'face value' because in most cases 'Rounds' are manufactured by a private mint or a privately held entity, and no government backs them.
There are some exceptions to this rule, one example being 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 DO NOT have a Face Value, and for this reason,
they are often referred to as Rounds and not Coins.
You can learn more about a Bullion Coin's anatomy here.
Buy
Mexican Silver Libertads
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5 oz. Mexican Silver Libertad
Coin Information
Introduction:.......1996
IRA approved:......Yes
Grade:.................Uncirculated
Face Value:..........No
Silver Content:.....5 Troy oz.(ozt.)
Total Weight:.......155.5 grams
Purity:.................99.90% / .999
Diameter:............64.91mm
Mint Mark:...........Yes
Edge:..................Reeded
5 oz. Mexican Silver Libertad
Mintage Figures:
Year Mintage
1996....20,000
1997....10,000
1998....3,500
1999....2,800
2000....5,500
2001....200
2002....8,500
2003....5,500
2004....5,923
2005....3,000
2006....3,000
2007....3,000
2008....9,000
2009....21,000
2010....9,500
2011....10,000
2012....9,500
2013....10,400
2014....6,400
2015....9,500
2016....11,400
2017....5,050
2018....16,600
2019....18,000
2020.....8,900
2021.....6,050
2022.....7,000
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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, which became the center of the Aztec Empire.
Today, Tenochtitlan is known as Mexico City.
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