Why Buy Mexican 50 Peso Gold Coin Now?

Written by admin on October 17, 2009 – 12:12 pm -

Nowadays, Mexican coin has become one of the HOT items among collectors and gold investors. The Mexican 50 peso gold coin (a.k.a Gold 50 Peso, 50 peso gold coin, Mexico 50 pesos gold coin) is definitely the most desired one among all Mexican gold coins.

Mexican 50 Peso Gold Coin

The Mexican 50 peso gold coin is an official re-strike from the 400-year old Mexico City mint.  A 20 karat coin, it contains exactly 1.2057 troy ounce of fine gold. It is the most beautifully designed gold coin to date. First issued in 1921 to celebrate the 100th anniversary of Mexico's independence, this peso gold coin is about 20% larger than the 1-oz American Gold Eagle Goin. The popular Mexican coin features a winged angel with the legendary mountains (Popocatepetl and Iztaccihautl) rising in the background. The reverse side of the coin features an eagle with a snake in its beak.

The 50 Pesos carry small premiums over the restrikes, except for the 1921 and the 1931 coins, which can have large premiums.The Mexican 50 Pesos in the bullion coin market normally are restrikes, minted from 1943 onward. If you would like to invest in gold to simply protect your assets during the financial turmoil and declining economy today, I would recommend you investing in gold coins with small premiums, such as the Mexican 50 Pesos gold coin and Krugerrand gold coins.

The Mexican 50 Pesos gold coin cost less per ounce and thus give you more gold for your money than the standard American Eagle gold coin series.  It is already well known in the industry and any dealer will readily trade them. If you have $5,000 or less to spend put half in US 90% silver coin, and half in Mexican 50 Pesos or one ounce Krugerrands or American Eagle gold coin. If you have $5,000 to $25,000, put at least half of your money in US 90% silver coin, and the rest in Mexican 50 Pesos or Krugerrands or American Eagle.

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