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




Updated on 01/09/2024

2 oz. Mexican Silver
Libertad



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' celebrates 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.

Below the Golden Eagle is a wreath, half of the oak leaves, and the other half is made of laurel leaves.

Surrounding the Coat of Arms are the words "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.

The 2 oz Silver Libertad has a Reeded Edge.

Coin Photo courtesy of SD Bullion








Reverse

2oz. Silver Mexican Libertad Reverse

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.

Along the top of the 2 oz Mexican Silver Libertad are "2 ONZAS" (2 ounces) and "PLATA PURA" (pure silver).

The "Year of Issue" is also inscribed along the top of the Libertad, along with the word "Ley" (pure) ".999" representing its silver purity.

The 'M under an O' inscribed near the left wing of the Winged Angel is the Mint Mark of the Mexican Mint.

The 2 oz. Mexican Silver Libertad has no Face Value.

Coin Photo 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.




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:.................99.90% / .999

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

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

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





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Silver Libertad
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BGASC - BuyGoldandSilverCoins


Silver Libertad page

BuyGoldandSilverCoins - 4.8 star Customer Reviews

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SD Bullion

Silver Libertad page

SD Bullion - 4.8 star Customer Reviews

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Silver Gold Bull


Mexico Silver Libertads page

SilverGoldBull - 5.0 star Customer Reviews

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Walmart

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Mexico Silver Libertads page

1-kilo Silver Libertad


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Walmart - Customer Reviews



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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





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Libertad (Winged Angel) Sterling Silver Statue

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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.







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