The Mexican Silver Libertad's design and limited mintage make it one of the most highly sought after physical silver bullion investment assets.
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 brutal Spanish-European occupiers.
Miguel Hidalgo y Costilla is often referred as 'The Father of Mexico.'
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.
El Ángel de la Independencia or The Angel of Independence design on the Mexican Silver Libertad represents the famous statue of Winged Victory.
The famous Mexican statue can be found along the Paseo de la Reforma, on a roundabout, in downtown Mexico City.
The Angel of Independence is depicted as flying atop a victory column know as the "Independence Column or Columna de la Independencia."
"El Angel," is the name the statue is commonly known as.
She holds in her right hand a laurel crown, symbolizing Victory, and in her left hand, she holds a broken chain, symbolizing Freedom.
El Angel was built in 1910, to commemorate the Centennial of the beginning of Mexico's War of Independence.
The Statue is solid bronze and covered in 24k gold; it weighs 7 tons.
The Angel of Independence is one of Mexico City's most recognizable landmarks.
In 1982, the Mexican Mint started to produce the Mexican Silver Libertad - 1 Onza, for investors and collectors.
From 1982 to 1995, the Mexican Silver Libertad Onza portrayed the same design as the Centenario “Winged Victory" Angel design taken from Mexico's 50-peso gold bullion coin.
In 1996, the Mexican Mint changed the Silver Libertad's reverse side to the current "Winged Victory" design.
The Center of the 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.
The coat of arms symbolizes Tenochtitlan, the Aztec Capital, now Mexico City
Below the Eagle is a wreath, half made of oak leaves and the other half made of laurel leaves.
The Laurel leaves represent Victory, and the Oak leaves commemorate those who have given their lives for Mexico.
Surrounding the Coat of Arms are the words “ESTADOS UNIDOS MEXICANOS.” (The Official Name for Mexico in Spanish)
The outer perimeter of the silver bullion coin's reverse side features various reproductions of Mexico's Coat of Arms, used throughout history.
The reverse side of the 1 oz. Mexican Silver Libertad features the "Winged Victory" Angel design.
The Angel is depicted as towering above volcanic peaks of Popocatépetl and Iztaccihuatl.
The volcanoes memorialize the legend of two Aztec lovers for whom they were named.
Inscribed along the top of the 1 oz. Silver Libertad is "1 ONZA" (one ounce), "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 the Libertad's 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 1 oz. Mexican Silver Libertads do not have a face value.
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.
Silver Content:.....1 Troy oz. (ozt.)
Total Weight:.......31.10 grams
Purity:.................99.90% / .999
Diameter:............36.00mm (1982 - 1995)
Diameter:............40.00mm (1996 - Present)
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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.