Currency Collecting-Everything You Need To Know Blog: Jul 13, 2008

Collectors Article Of The Day

Mexican Gold Coins for Gold Buyers

By Wilson Snyder

Shortly after Columbus discovered the 'New World,' vast amounts of gold were discovered in Mexico. Once turned into coins, Spanish fleets transported the us gold coins through the Gulf of Mexico to deliver to the King and Queen of Spain. Often, these fleets encountered danger, running into hurricanes, losing ships and the precious cargo.

In 1810, Miguel Hidalgo declared independence from the rule of Spain, although full independence of Mexico was not achieved until 1821. From 1821 to 1917, Mexico went through considerable political upheavals. The coinage remained based on Spanish coin types until the adoption of decimal currency in 1864 based on the peso.

Some of the most beautiful gold coins in the world are the Mexican gold peso coins. The Mexican 50 Peso coin (also known as 'Centenario') is definitely the most striking one.

The 50 Peso coin was issued from 1921 to 1947 honoring the 100th 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 right hand and broken chains in her left. The 1821 on the lower left commemorates the year of Mexico's independence. The date on the right indicates year of mintage. The reverse of the coin depicts the Mexican coat of arms, a Mexican golden eagle devouring a snake while perched atop a cactus.

When Americans regained the right to own gold bullion in 1974, Mexican 50 Pesos, quickly become one of the gold bullion industry's standard bearers. It is the ideal coin for gold buyers who want low premium gold coins, coins that have small markups over spot.

Where to find the most up to the minutes deals of 50 Pesos and other Mexican Gold Coins?

About The Author

I recommend you go to MexicoGoldCoin.com. It is a specialized Mexican Gold Coins for sale site, offering a great selection of Mexican Gold Coins on sale. MexicoGoldCoin.com makes finding the Mexican Gold Coin deals a million times easier. Be sure to try this website before you buy.

More Gold & Silver Coins Information

Any highly experienced coin authenticator will tell you that they often can't tell you why a given specimen is fake, (short of doing a full objective analysis, as explained below.) All they can say is that it doesn't "look right." Learn what the genuine silver coin looks like, and when you get that little red flag waving in your head that something looks wrong, even if you can't put your finger on exactly what is wrong, trust your senses and don't buy the coin!
Buy Mexican gold coins.

If numismatists - those expert in coin collecting and valuation � agree on one thing, it's that coins should never be cleaned. Every coin dealer has horror stories about a non-collector who comes into his shop with a box of shiny old coins. Most of the time, the coins have no numismatic (collector) value at all; they are just old but common coins. But occasionally, a rare former beauty is found in the mix. It's a former beauty because whatever value it once had has been scraped off by an excited finder and a jar of silver polish. The coin, which might have been worth hundreds or thousands of dollars, is now all but worthless.
Buy silver dollars for a great investment.

There are many ways to collect Charlotte gold. Some people have only a mild interest in these coins and may buy just one or two pieces. Other people are more serious and they have a large number of Charlotte issues in their collection. A small number of Charlotte collectors are obsessives who focus exclusively on these pieces and do not collect anything else. I would like to make some suggestions on how to collect Charlotte gold. In my experience, all of these ideas have merit and none is better than the other. It depends on the tastes and budget of an individual collector to determine which one(s) is right for him.
Buy US paper money.

Another thing to remember, when looking through organized stock, is keeping the coins in the same order that the dealer has organized them in. Usually, U.S. coins will be in year order, with the individual Mint marks grouped together under each year. Sometimes dealers aren't too picky about the Mint marks as long as the years are in order. Whatever his filing system, always be respectful of this, and if you pull a coin out of the box to examine it, be sure you put it back in the proper place.
Buy gold coins.

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