Mexican Libertad (1 oz Silver)

1982-Present • Mexico • No face value (bullion)

About This Coin

The Mexican Libertad is Mexico's official silver bullion coin featuring the Winged Victory monument on the obverse and Mexico's coat of arms with historical versions on the reverse. Known for beautiful design and no face value.

Specifications

Composition

99.9% Silver

Weight

31.1 grams (1 troy ounce)

Diameter

40 mm

Edge

Reeded

Designer

Casa de Moneda de México

Mintage

Varies annually (100,000 to 6,000,000)

Estimated Values by Condition

Condition	Estimated Value
Poor (P)	N/A (bullion)
Good (G)	N/A (bullion)
Fine (F)	N/A (bullion)
Very Fine (VF)	N/A (bullion)
Extremely Fine (EF/XF)	Silver spot + $3-6
Uncirculated (MS)	Silver spot + $5-15 (rare dates more)

* Values are estimates based on market data and may vary significantly based on specific condition, mint mark, and market demand.

Identification Tips

The obverse shows the Winged Victory statue (El Ángel) from Mexico City's Independence Monument with volcanoes in background. The reverse features Mexico's coat of arms (eagle on cactus eating snake) surrounded by 10 historical versions of the coat of arms. No face value is printed - it's pure bullion. Weight is exactly 1 troy ounce of .999 silver. Early years (1982-1983) are particularly valuable due to low mintages.

Historical Context

Introduced in 1982, the Libertad is struck by Casa de Moneda de México (Mexico Mint), one of the oldest mints in the Americas (founded 1535). Unlike other government bullion coins, Libertads carry no face value - they're pure bullion coins. The Winged Victory (Ángel de la Independencia) commemorates Mexico's independence from Spain. Low mintages compared to American Eagles make them popular with collectors. The 1 oz is the most common size, but fractional and larger sizes (up to 5 oz) are also produced.

Notable Varieties

1982 (first year)
1983 (low mintage)
1996-2000 low mintages
Proof versions
Fractional sizes (1/20, 1/10, 1/4, 1/2 oz)
Large sizes (2 oz, 5 oz)

Frequently Asked Questions

Why do Libertads cost more than other silver coins?

Libertads typically have higher premiums ($3-15 over spot) because: 1) Lower mintages than American Eagles or Maples, 2) Beautiful, detailed design, 3) International demand, especially from collectors, 4) No face value makes them pure bullion plays. Early years like 1982-1983 command significant premiums.

Are Mexican Libertads a good investment?

Yes for silver stackers who don't mind higher premiums. They track silver prices but may have better resale premiums than generic rounds. Low-mintage years and proof versions can appreciate beyond silver spot. They're highly liquid in North America and Europe.