Bidspirit auction | Mexico - 50 Pesos 1947
Mexico - 50 Pesos 1947 - Centenario - 900 Gold, 41.6 Grams (Net 37.5g), Diameter 37mm - 10% commission fee + VAT on this item According to the price of an ounce of pure gold $2,950, the price of gold for this currency is: $3551.38 The 50 Pesos ”Centenario” coin is one of the most famous and valued coins from Mexico, symbolizing the celebrations of 100 years of Mexico's independence from Spain. This gold coin is also a significant part of Mexico's economic history and is considered a highly valuable historical artifact. Obverse: The obverse features the national arms of Mexico and the famous eagle, which faces right. The inscription on the coin reads: ESTADOS UNIDOS MEXICANOS (United Mexican States). Reverse: The reverse depicts the eagle holding a snake in its beak, a symbol closely associated with Mexican history and mythology. Additionally, the coin features the inscriptions: 50 PESOS, 37.5 GR. (weight in grams), ORO PURO (pure gold), and the years 1821 1947, commemorating 100 years of Mexican independence.