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1/10 oz. Mexican Silver
Libertad
In 1991, the Mexican Mint started to produce fractional sized Silver Libertad bullion coins.
The new sizes included; the 1/2 oz., 1/4 oz., 1/10 oz. and the 1/20 oz. Libertad.
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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-up against their brutal Spanish-European occupiers.
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.
Design of the
1/10 oz. Mexican Silver Libertad
Obverse
The National Coat of Arms of Mexico is the centerpiece design of the obverse side of the 1/10 oz. Silver Libertad.
The Coat of Arms depicts the Mexican Golden Eagle perched on top of a cactus with a snake in its beak.
It symbolizes Tenochtitlan, the Aztec Capital, now Mexico City.
The wreath below the Golden Eagle is half oak leaves the other half are 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.
Reverse
The reverse side of the 1/10 oz. Mexican Silver Libertad features the "Winged Victory" Angel.
The "Winged Victory" Angel is shown towering above the volcanic peaks of Popocatépetl and Iztaccihuatl; the volcanoes get their names from a legend about two young Aztec lovers.
"1/10 ONZA" (ounce) & "PLATA PURA" (pure silver) are inscribed around the top of the 1/10 oz. Silver Libertad.
The year of issue and "Ley .999" (representing the Libertad's purity) are also inscribed along the top.
The 'M under an O' inscribed near the left wing of the Winged Angel is the Mint Mark of the Mexican Mint.
The 1/10 oz. Mexican Silver Libertad has No Face Value.
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.
1/10 oz. Mexican Silver Libertad
Coin Information
Introduction:.......1991
IRA approved:......Yes
Grade:.................Uncirculated
Face Value:..........No
Silver Content:.....1/10 Troy oz. (ozt.)
Total Weight:.......3.13 grams
Purity:.................99.90% / .999
Diameter:............20.00mm
Mint Mark:...........Yes
Edge:..................Reeded
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1/10 oz. Mexican Silver Libertad
Mintage Figures:
Year Mintage
1991....50,017
1992....299,933
1993....100,000
1994....90,100
1995....50,000
1996....50,000
1997....20,000
1998....6,400
1999....8,000
2000....30,000
2001....5,000
2002....50,000
2003....20,000
2004....15,000
2005....17,000
2006....15,000
2007....3,500
2008....10,000
2009....10,000
2010....12,000
2011....15,000
2012....3,300
2013....18,900
2014....6,350
2015....19,900
2016....24,400
2017....8,850
2018....20,300
2019....7,200
2020....6,100
2021....3,900
2022....4,850
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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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