Friday, September 22, 2023

How much does a Golden Centennial cost?


Loss Gold centennials are gold coins produced in Mexico. These coins were produced by the Casa de Moneda from 1921 to 1947.

As their name suggests, the Centenary of 50 gold pesos They are made of this metal. Each coin is made of 1.20565 ounces of pure gold, with a purity of 0.900 and the total weight of each coin is 41.67 grams.

Centennial every year

The original minting of this coin took place in 1921 during the anniversary of the Centennial of the Independence of Mexico and the production was 180 thousand coins.

The first gold centenarians produced 1821-1921is also the rarest, so it is worth up to 2,650 dollars, or about 53,501 pesos at the current exchange rate, according to the catalog.

The seconds Centenarians is the version of 1922-1931. It can have an average price of 43 thousand Mexican pesos.

Loss 1931 centuries, carried out during the six-year term of Emilio Portes Gil. From this third version of golden centenarians 137 thousand copies were issued.

It’s worth it

It can cost up to 2,250 dollars, which translates to approximately 45 thousand pesos.

The 1944-1947 Centenarios is the fourth version of this 50 peso gold coin.

This was done during the Second World War, in the six-year term of Manuel Aviña Camacho. It can be sold for 2 thousand dollars, or 40 thousand pesos.

Loss Centenary 1949-1972 They have a production of about 3.4 million reinages. These pieces are the fifth version and are the most economical due to their larger production.

The Central Bank of Mexico confirms that the 50 pesos gold coins It features the National Shield, in a version previously used, on its front.

In the background is The Angel of Liberty holding a garland of olive branches, a design by Emilio del Moral.

Behind the Angel of Liberty the Popocatépetl and Iztaccíhuatl volcanoes can be seen with the dates 1821 to 1921.

she gold price is at its lowest point in recent months. Inflation and crises such as the war in Ukraine and the pandemic, as well as the damage caused to the environment by climate change, have contributed to this change.

These are the gold prices in recent years:

  • April 2002: 3,275 pesos
  • November 2003: 5,750 pesos
  • April 2006: 8,000 pesos
  • 2008: 12,200 pesos
  • 2009: 16,900 pesos
  • 2010: 20,500 pesos
  • 2011: 28,500 pesos
  • 2012: 27,600 pesos
  • September 2016: 31,000 pesos
  • June 2018; 33,500 pesos
  • August 2019: 37,400 pesos
  • March 2020: 35,000 pesos
  • November 2021: 47,500 pesos
  • May 2022: 51,500 pesos

Undoubtedly, the coins represent a great treasure for the Mexicans.

It is always best to consult a numismatic expert when purchasing any type of coin. In addition to examining security elements, it can be useful to understand their value through supply and demand applied to the model.

Nation World News Desk
Nation World News Desk
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