Homepage / Bullion Coins: Mexican Bullion / 1/20 oz. Mexican Silver Libertad
Updated on 01/09/2024
1/20 oz. Mexican Silver
Libertad
In 1991, Mexico started production of the fractional-sized Silver Libertad bullion coins.
The new sizes included the 1/2 oz., 1/4 oz., 1/10 oz. and the 1/20oz. Libertads.
Mexican Independence
Libertad, translated in English, means "Freedom."
The Silver 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.
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
1/20 oz. Mexican Silver Libertad
Obverse
The National Coat of Arms of Mexico makes up the design of the obverse side of the 1/20 oz. Silver Libertad.
It shows a Mexican Golden Eagle atop a cactus with a snake in its beak.
It represents the Aztec Capital of Tenochtitlan, now Mexico City.
Below the Eagle is a wreath made half of oak leaves, the other half made of laurel leaves.
The Laurel leaves represent Victory, and the Oak leaves commemorate Mexican Patriots who have given their lives for Mexico's Independence.
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 Photos courtesy of SD Bullion
Reverse
The reverse side of the 1/20 oz. Mexican Silver Libertad features the "Winged Victory" Angel.
The Angel holds in her right hand a laurel crown, symbolizing Victory and in her left hand, she holds a broken chain, symbolizing Freedom.
The "Winged Victory" Angel is shown towering above the volcanic peaks of Popocatépetl and Iztaccihuatl.
"1/20 ONZA" (ounce) & "PLATA PURA" (pure silver) is inscribed along the top of the Silver Libertad.
The coin's Year of Issue and "Ley (pure) .999" are also inscribed along the top 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 1/20 oz. Mexican Silver Libertad has No Face Value.
Coin Photos courtesy of SD Bullion
The Mexican Libertad is a Round,
Not a Coin
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.
1/20 oz. Mexican Silver Libertad
Information
Introduction:.......1991
IRA approved:......Yes
Grade:.................Uncirculated
Face Value:..........No
Silver Content:.....1/20 Troy oz.
Total Weight:.......1.55 grams
Purity:.................99.90% / .999
Diameter:............16.00mm
Mint Mark:...........Yes
Edge:..................Reeded
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1/20 oz. Mexican Silver Libertad
Mintage Figures:
Year Mintage
1991....50,017
1992....295,783
1993....100,000
1994....90,100
1995....50,000
1996....50,000
1997....20,000
1998....6,400
1999....8,001
2000....60,000
2001....5,000
2002....80,000
2003....30,000
2004....35,000
2005....30,000
2006....20,000
2007....3,500
2008....7,000
2009....10,000
2010....12,000
2011....15,000
2012....0
2013....13,500
2014....5,700
2015....18,400
2016....22,900
2017....8,550
2018....17,900
2019....7,350
2020....5,450
2021....3,600
2022....4,500
2023....38,800
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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, (tuh·nowch·teet·laan) which became the center of the Aztec Empire.
Today, Tenochtitlan is 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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