Mexico 50 Peso (Centenario)
A Low Premium, Collectible Beauty
The Mexico 50 Peso, or Centenario, was first produced in 1921 to commemorate the centennial of Mexico’s independence from Spain. The Centenario was issued every year from 1921 to 1931 and again from 1944 through 1947. Demand was strong for the coin as a bullion issue, so the Mexico City Mint continued to produce gold 50 Pesos with the 1947 date through 1972 and also in the late 1990’s and early 2000’s. Additionally, Commemorative Medallic issues without the 50 Peso denomination were issued in 1943 and several dates in the 1950’s and 1960’s.
The major advantage of purchasing the Mexico 50 Peso is its low premium. Mexico 50 Pesos can be purchased typically for a little more than 2% over metal value. This makes the 50 Peso one of the least expensive gold coins available. For a gold bullion buyer that also has an interest in collecting, the Mexico 50 Peso is an ideal coin. Collecting a date run of the series can be fun and challenging. Collecting also has the added benefit of imposing a measure of self-discipline that keeps the collector from over-trading their gold coins. These big, beautiful Centenarios are fun to own at a bargain price!
If you are interested in purchasing Mexico 50 Peso Gold Coins, please call one of our traders at 800-527-2375 for up to the minute pricing information. For price indications, refer to our Daily Quotes Price Page.
Mexico 50 Peso Specifications:
Size: 1.2057 Ounces
Denomination: 50 Mexico Pesos
Gross Weight: 41.67 grams, 1.3396 oz. Troy
Actual Gold Weight: 37.50 grams, 1.2057 oz. Troy
Fineness/Composition: .900 Gold, 21.6 Karat
Diameter: 37.00 MM, 1.4567 Inches
Thickness: 2.69 MM, .104 Inches
Specific Gravity: 17.16 approximate