Shortly after Columbus found the ‘New World,’ huge quantities of gold have been found in Mexico. As soon as become cash, Spanish fleets transported the gold coinage by way of the Gulf of Mexico to ship to the King and Queen of Spain. Typically, these fleets encountered hazard, operating into hurricanes, dropping ships and the valuable cargo.
In 1810, Miguel Hidalgo declared independence from the rule of Spain, though full independence of Mexico was not achieved till 1821. From 1821 to 1917, Mexico went via appreciable political upheavals. The coinage remained based mostly on Spanish coin varieties till the adoption of decimal foreign money in 1864 based mostly on the peso.
A few of the most lovely gold cash on the earth are the Mexican Gold Peso Cash. The Mexican 50 Peso coin (also referred to as “Centenario”) is certainly probably the most putting one.
The 50 Peso coin was issued from 1921 to 1947 honoring the one centesimal anniversary of Mexico’s independence from Spain. “El Angel de la Independencia” (the Angel of Independence) is pictured on the coin, with a laurel wreath in her proper hand and damaged chains in her left. The 1821 on the decrease left commemorates the yr of Mexico’s independence. The date on the best signifies yr of mintage. The reverse of the coin depicts the Mexican coat of arms, a Mexican golden eagle devouring a snake whereas perched atop a cactus.
When People regained the suitable to personal gold bullion in 1974, Mexican 50 Pesos, shortly develop into one of many gold bullion business’s normal bearers. It’s the excellent coin for gold consumers who need low premium gold cash, cash which have small markups over spot.
The place to seek out probably the most as much as the minutes offers of fifty Pesos and different Mexican Gold Cash?