Homepage / Bullion Coins: Mexican Bullion / 1/2 oz. Mexican Silver Libertad

Updated on 01/09/24

1/2 oz. Mexican Silver
Libertad

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Mexican Independence

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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.

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Design of the
1/2 oz. Mexican Silver Libertad

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Obverse

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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

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Reverse

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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

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The Mexican Libertad is a Round,
Not a Coin

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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.

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1/2 oz. Mexican Silver Libertad
Information

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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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1/2 oz. Mexican Silver Libertad 
Mintage Figures

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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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